AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

FAISALABAD: Business community must play its proactive role in dragging out Pakistan from the grey list by fully adhering to the non-proliferation treaty and FATF (Financial Action Task Force) conditionality, said Dr Zafar Ali Director General Strategic Export Control Division (SECDIV). Addressing an awareness session on “Export Control on Goods, Technologies, Material and Equipments related to Nuclear and Biological Weapons and their Delivery Systems Act, 2004 (V of 2004)” in Faisalabad Chamber of Commerce & Industry (FCCI), he said that Pakistan has been placed in grey list not due to the technical but because of Indian political clout.

Responding to a question about two successive incidents of illegal trade of raw uranium in India, he said that the international community is intentionally ignoring this clear violation of the non-proliferation treaty due to grouping and regrouping by India at the international level. “We had to face complete ban if such an incident had occurred in Pakistan”, he remarked and added that countries siding with India have responded that Indian government is investigating this issue and they would give their response after completion of investigation by India.

He said that most of Faisalabad based exporters are not directly involved in manufacturing or export of weapons of mass destruction and technologies. However, some products commercially manufactured and used in Pakistan could also be used in the fabrication of prohibited atomic weapons and missile technology including biological weapons. In this connection, he quoted high voltage capacitors and some chemicals used in the ceramic industry. He said that SECDIV has evolved a comprehensive system to regulate import and export of prohibited items for which SECDIV is extending free services. He said that a separate link has been provided on SECDIV website from where items used for dual purposes could be ascertained.

Responding to a question he said that international organizations have clamped a ban on some countries and we could not trade with these countries. “Among these countries also include North Korea and Iran etc.,” he added. Earlier Acting President FCCI Chaudhry Talat Mahmood briefly introduced Faisalabad and FCCI and said that our major export is textile and only few persons could be involved in the import and export of such prohibited items and technologies.—PR

Copyright Business Recorder, 2021

Comments

Comments are closed.