LCCI, FMCGs urge govt to release stuck containers



LAHORE:

The Lahore Chamber of Commerce and Industry (LCCI) Standing Committee on Fast-moving Consumer Goods (FMCG) urged the government, on Thursday, to clear the containers stuck at the ports by allowing importers to purchase dollars from the open market.

The committee also demanded the government give a ten-year integrated plan for import substitution. “The government should chalk out a stable and strong economic policy and the economy should be kept separate from politics,” said members of LCCI.

“The containers stuck at the ports should be transferred to customs and other warehouses so that billions of dollars are not lost in terms of demurrages, urged the Pakistan FMCG sector.

The importers made these demands during an emergency meeting attended by a large number of importers and presided over by the President of the Committee and LCCI Executive Member Muhammad Ijaz Tanveer.

The participants of the meeting also discussed the current economic conditions of the country and the problems being faced by the FMCG sector, demanding the government resolve their issues on priority.

Addressing the participants, Tanveer said that “Despite repeated assurances, the government has not taken any remedial steps to solve our problems giving rise to immense uncertainty.”

The FMCG sector leaders said that they are trying to convince the government to establish a permanent economic system that separates the economy from politics so that an industrial and commercial revolution can take place in Pakistan.

Published in The Express Tribune, December 9th, 2022.

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Originally published at tribune.com.pk

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