PM urged to order release of imported goods

Published
0

HYDERABAD: The Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) on Mon­day urged Prime Minister Shahbaz Sharif to order the release of all those imported goods that landed at Karachi Port before May 19.

In a statement, HCSTSI President Altaf Memon said that the government had banned imported goods in May, but importers’ consignments uploaded for transportation on May 17 and 18 reached Karachi after this ban’s decision.

He said that concerned banks had stopped the process of imports and importers were now bearing demurrages and detection charges at the rate of $100 per day, which was a huge burden given the present economic conditions of the country. He added that most of the imported goods were edibles and daily consumption items. He feared these goods, worth tens of millions of rupees, could face contamination at the port.

He said that due to the non-seriousness of Pakistan, the government dollar’s upward journey continued unendingly. He said that importers were finding it hard to bear demurrages and detection charges in dollars, which were unbearable for them.

He maintained that these charges were not benefiting the government and that only importers were bearing losses. He urged the PM to allow the release of imported goods that reached Karachi Port on May 19 to save the business community.

Published in Dawn,June 21st, 2022

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Reviewing ties
Updated 06 Nov, 2026

Reviewing ties

With the Democrats clawing back power in Congress, changes in America’s approach to global engagement are likely to occur.
Genuine engagement
06 Nov, 2026

Genuine engagement

THE PTI-led opposition alliance TTAP appears to have finally brought an initially reluctant Maulana Fazlur Rahman on...
Human bondage
06 Nov, 2026

Human bondage

BONDED labour is modern-day slavery. It exists in Pakistan as a system of generational exploitation sustained by...
Blue wave
Updated 05 Nov, 2026

Blue wave

While Trump does not usually learn from his errors, perhaps seeing the response of the American voters he may attempt a wiser course.
New LPG policy
Updated 05 Nov, 2026

New LPG policy

If the policy is enforced effectively, it could potentially help end shortages and slash prices. But the question remains whether it will.
Polio’s other victims
05 Nov, 2026

Polio’s other victims

FOR decades, Pakistan has vowed to eradicate polio. Billions have been spent on logistics and awareness drives. Yet...