AGL 40.40 Increased By ▲ 0.20 (0.5%)
AIRLINK 129.25 Increased By ▲ 0.14 (0.11%)
BOP 6.81 Increased By ▲ 0.21 (3.18%)
CNERGY 4.13 Increased By ▲ 0.10 (2.48%)
DCL 8.73 Increased By ▲ 0.28 (3.31%)
DFML 41.40 Increased By ▲ 0.15 (0.36%)
DGKC 87.75 Increased By ▲ 0.75 (0.86%)
FCCL 33.85 Increased By ▲ 0.50 (1.5%)
FFBL 66.40 Increased By ▲ 0.50 (0.76%)
FFL 10.69 Increased By ▲ 0.15 (1.42%)
HUBC 113.51 Increased By ▲ 2.81 (2.54%)
HUMNL 15.65 Increased By ▲ 0.42 (2.76%)
KEL 4.87 Increased By ▲ 0.09 (1.88%)
KOSM 7.62 Decreased By ▼ -0.21 (-2.68%)
MLCF 43.10 Increased By ▲ 1.20 (2.86%)
NBP 61.50 Increased By ▲ 1.00 (1.65%)
OGDC 192.20 Increased By ▲ 9.40 (5.14%)
PAEL 27.05 Increased By ▲ 1.69 (6.66%)
PIBTL 7.26 Increased By ▲ 1.00 (15.97%)
PPL 150.50 Increased By ▲ 2.69 (1.82%)
PRL 24.96 Increased By ▲ 0.40 (1.63%)
PTC 16.25 Increased By ▲ 0.01 (0.06%)
SEARL 71.30 Increased By ▲ 0.80 (1.13%)
TELE 7.25 Decreased By ▼ -0.05 (-0.68%)
TOMCL 36.29 Decreased By ▼ -0.01 (-0.03%)
TPLP 8.05 Increased By ▲ 0.20 (2.55%)
TREET 16.30 Increased By ▲ 1.00 (6.54%)
TRG 51.56 Decreased By ▼ -0.14 (-0.27%)
UNITY 27.35 No Change ▼ 0.00 (0%)
WTL 1.27 Increased By ▲ 0.04 (3.25%)
BR100 9,957 Increased By 115.5 (1.17%)
BR30 30,770 Increased By 733.6 (2.44%)
KSE100 93,292 Increased By 771.2 (0.83%)
KSE30 29,017 Increased By 230.5 (0.8%)

ISLAMABAD: Minister of Commerce has issued a clarification in response to a news item carried by Business Recorder on July 15, 2023 claiming that Commerce Minister Syed Naveed Qamar blocked the final approval of the Pakistan Land Port Authority (PLPA). This is misleading and inaccurate.

“In fact, Minister Naveed Qamar made efforts to ensure that establishment of PLPA, an initiative of Ministry of Commerce approved by the Cabinet in 2012-15 Strategic Trade Policy Framework, is expedited. Improvements in the business processes at the Border Crossing Points (BCPs), where there are a number of government agencies present and function as per their mandate, is fundamental to facilitate and improve Pakistan’s regional connectivity, a function which is mandated to the Ministry of Commerce, according to the Rules of Business and also as per best international practices.

‘Pakistan Land Port Authority’: ‘Final’ approval blocked by minister

“In the last Steering Committee Meeting held after the meeting of the Federal Cabinet, alluded to in the mentioned story, it was agreed that the Ministry of Commerce would spearhead the process of the enactment of PALPA’s Law, being the custodian of the Authority.

“Furthermore, a final meeting of the concerned Ministries including Ministries of Interior, Communication, Planning & Development, Commerce and the Federal Board of Revenue (FBR), to approve the draft Act of the Authority before its placed before CCLC, is scheduled to take place this week .

“Moreover, when the reporter contacted for comments, the Commerce Minister rightfully stated that he could not disclose the proceedings of a Cabinet meeting, as he is bound by oath not to do so.

“He advised the publication to use alternative sources for their story.”

Copyright Business Recorder, 2023

Comments

Comments are closed.