Dyes & chemicals from China: Government urged to allow early clearance

Former President KCCI and Former Chairman SITE Association of Industry, Zubair Motiwala has urged the Prime Minister, Finance Minister and Commerce Minister to allow early clearance of imports consignments containing dyes & chemicals from China.

He said that Pakistan's imports from China are of USD 12 billion and mostly comprise of dyes & chemicals which are basic raw material for textile sector - the biggest foreign exchange earning sector in Pakistan.

Motiwala said that it is a known fact that prices of raw material are increasing due to consignments stuck up at Chinese ports and other alternative suppliers such as Korea, Taiwan and India have now either stopped supplying or quoting 30 to 35 pc higher prices. Members are complaining that it is becoming difficult to continue production activities due to shortage of raw material, while prices in the local market have gone up by 50-100pc.