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Closure feared as a consequence of low-cost Chinese language merchandise

by Pakistan Latest News Update
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GUJRAT: Producers of pottery and ceramic merchandise have lodged a powerful protest in opposition to the current hike in fuel tariff which is the fundamental gasoline for the trade.

They stated the transfer would render their merchandise uncompetitive and Chinese language merchandise might seize the whole Pakistani market on this sector.

Pakistan Pottery Producers Affiliation president Chaudhary Zuman stated the tariff had nearly been doubled within the contemporary payments obtained by the manufacturing models in Gujrat that shocked the native trade.

He stated the Gujrat-based pottery models had been truly home cottage trade as some main manufacturing models had already been shut as a consequence of worst situations of doing enterprise. “Now the new gas tariff could result in closure of the cottage industry as well”.

Pottery, ceramics trade shocked by fuel tariff hike

He stated the PPMA had determined to stage a sit-in outdoors the Parliament Home in case the hike was not withdrawn.

He stated some native glass factories had already been closed as a consequence of excessive value of doing enterprise.

Raja Waqas Ahmed, the PPMA common secretary, stated such a rise of fuel tariff had by no means been witnessed earlier than. “The government has purchased the RLNG on hefty prices from international market but the local industry was not capable of bearing such a pressure.”

He stated that the producers had been compelled to extend the charges of their merchandise as a consequence of hike in fuel costs however the native trade may not survive earlier than the Chinese language merchandise when it comes to costs. Gujrat homes not less than 150 pottery manufacturing models the place round 25,000 employees are employed and a whole lot of persons are additionally affiliated with the commerce of pottery merchandise throughout the nation.

The producers have known as upon Prime Minister Imran Khan to take discover of the matter and order withdrawal of the hike in fuel tariff.

Printed in Daybreak, August eighth, 2021



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