KARACHI: Central Chairman of Pakistan Tanners Association (PTA) Mohammad Mehr Ali has said that chemicals used by the tannery waiting for clearance at the port in huge quantities and if this chemicals not released, the wheels of the tannery industry are feared to be jammed.

Due to the stoppage, we are facing huge loss in terms of demurrage. The government should immediately release the chemicals so that the orders of leather products can be fulfilled in time, he added. The SBP is not issuing remittances for participating in exhibitions, due to which there is a fear of cancellation of PTA pavilions in foreign exhibitions.

While addressing the executive committee meeting of PTA, he said that the leather industry is the second largest foreign exchange earning industry of Pakistan and its role in the country’s economy is very important.

Copyright Business Recorder, 2022