The Federal Minister for Finance and Economic Affairs Dr Abdul Hafeez Sheikh on Friday chaired a meeting about different proposals of National Logistic Board (NLB). The NLB demanded establishment of six terminals at the borders areas of Taftan, Chaman, Torekham, Wagha, Jamrod and Sust. The Finance Minister and his economic team discussed the different procedural hindrances to execute the NLB''s demand.
They decided to involve all stakeholders, like ministry of commerce, interior and anti-narcotics, through a multi-agency meeting to solve the issues and to operationalise the NLB proposal. The NLB also raised the issue of logistic of goods by different embassies including US and ISAF under Afghan-Pakistan Transit Trade Agreement without getting NoC from National Logistic Cell. It was decided that strict compliance of existing rules and procedures on such transportation of goods should be observed.
The Finance Minister approved the expansion of Railway Freight Service of NLC. In this way, the NLC is allowed to purchase trains/locomotives from Pakistan Railway, South Korea and General Electric, USA. The Finance minister also approved the proposal of NLB to purchase 300 prime movers @ Rs 2.45 billion from HinoPak, in phases.
While talking to the establishment of an Army Public School, a project of Punjab Government, the Finance Minister advised NLB to conform its rule as a contractor to avoid any ambiguity in funding. Secretary Finance, Secretary Planning, Dy. Chairman Planning Commission, Secretary Communication, Chairman FBR and other High officials of National Logistic Board (NLB) were present in the meeting.-PR
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