AIRLINK 70.90 Decreased By ▼ -2.16 (-2.96%)
BOP 4.99 Decreased By ▼ -0.10 (-1.96%)
CNERGY 4.35 Decreased By ▼ -0.02 (-0.46%)
DFML 31.70 Decreased By ▼ -0.75 (-2.31%)
DGKC 77.25 Increased By ▲ 1.76 (2.33%)
FCCL 19.83 Increased By ▲ 0.31 (1.59%)
FFBL 35.32 Decreased By ▼ -0.83 (-2.3%)
FFL 9.15 Decreased By ▼ -0.07 (-0.76%)
GGL 9.87 Increased By ▲ 0.02 (0.2%)
HBL 113.75 Decreased By ▼ -2.95 (-2.53%)
HUBC 133.10 Increased By ▲ 0.41 (0.31%)
HUMNL 7.05 Decreased By ▼ -0.05 (-0.7%)
KEL 4.37 Decreased By ▼ -0.04 (-0.91%)
KOSM 4.36 Decreased By ▼ -0.04 (-0.91%)
MLCF 36.80 Increased By ▲ 0.60 (1.66%)
OGDC 134.26 Increased By ▲ 0.76 (0.57%)
PAEL 22.60 No Change ▼ 0.00 (0%)
PIAA 24.80 Decreased By ▼ -1.21 (-4.65%)
PIBTL 6.51 Decreased By ▼ -0.04 (-0.61%)
PPL 117.03 Increased By ▲ 1.72 (1.49%)
PRL 26.45 Decreased By ▼ -0.18 (-0.68%)
PTC 13.87 Decreased By ▼ -0.23 (-1.63%)
SEARL 52.60 Decreased By ▼ -0.85 (-1.59%)
SNGP 68.46 Increased By ▲ 1.21 (1.8%)
SSGC 10.66 Decreased By ▼ -0.04 (-0.37%)
TELE 8.57 Increased By ▲ 0.15 (1.78%)
TPLP 10.90 Increased By ▲ 0.15 (1.4%)
TRG 62.20 Decreased By ▼ -1.67 (-2.61%)
UNITY 25.10 Decreased By ▼ -0.02 (-0.08%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,456 Decreased By -5.4 (-0.07%)
BR30 24,180 Increased By 9 (0.04%)
KSE100 71,154 Increased By 51.4 (0.07%)
KSE30 23,402 Increased By 7.5 (0.03%)

The Ministry of Commerce and Textile has restricted the import of slag and residues containing metals as well as arsenic or their compounds containing aluminum to only industrial consumers with the submission of no-objection certificate (NOC) from the Ministry of Climate Change.
The Ministry of Commerce has taken the decision to ensure that the waste/scrap and recycling plants imported into Pakistan are non-hazardous. The Ministry of Commerce has amended Import Policy Order, 2016 through SRO No 963 (I)/2019 issued here on Wednesday. According to the procedure, the government has placed procedural requirements on the import of slag, ash and residues (other than from the manufacture of iron or steel) containing metals, arsenic or their compounds -containing mainly aluminum.
This is subject to the condition that the import is only made by the industrial consumer having recycling facilities, subject to the NOC from the Ministry of Climate Change and duly certified by the provincial environmental protection agency (Federal EPA, in case of Islamabad Capital Territory). Secondly, the provision of a pre-shipment inspection certificate and consent of the focal point of Basel Convention is from the country of export to the effect that the waste/ scrap is nonhazardous as defined in the Basel Convention. The Ministry of Commerce has also imposed a condition that the imported consignments of the registered recycling plants will be cleared from seaport only.

Copyright Business Recorder, 2019

Comments

Comments are closed.