Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

Businessmen worry over delay in Chinese President’s visit

byCustoms Today Report
September 9, 2014
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The industrial and trade associations have expressed serious concerns over the postponement of Chinese President Xi Jinping’s visit to Pakistan reportedly due to security reasons and the current political situation in Islamabad.

The representatives of traders were of the view that the country could not afford politics of protests and sit-ins, as the protests were not only damaging the country’s image but also its economy.

You might also like

FBR cannot impose tax on remittances: FTO

August 19, 2022
Federal Minister for Finance and Revenue Mr. Miftah Ismail held a meeting with representatives from APTMA at Finance Division – 18-08-2022.

Textile sector to be provided all possible support to boost exports: Miftah

August 19, 2022

All Pakistan Cement Manufacturers Association former chairman Aizaz Mansoor Sheikh believed that the latest development had saddened all Pakistanis, who had hopes from this visit. He said that the ongoing political crisis had given rise to worries and apprehensions among the business people. He said that present situation might result in restraining Pakistan’s exports and other countries could take advantage of it.

Federation of Pakistan Chambers of Commerce and Industries standing committee on internal trade’s former chairman and IHA director Sardar Usman Ghani said that the delay of the Chinese President’s visit was a setback to economic development.

He said that the political crisis was causing serious damages to the national economy and it had become necessary for all the stakeholders to throw out their differences and resolve the issue at the earliest.

All Pakistan Textile Mills Association Punjab Chairman SM Tanveer said that the postponement of the Chinese President’s visit had put on hold an agreement worth $32 billion. He said that the country was already facing energy crisis and needed huge investment.

He said that many textile mills have been closing due to 10 hours load shedding while whole government is engaged in political affairs. He demanded the government to solve the political impasse as soon as possible.

Vice President SAARC CCI Pak chapter Iftikhar Ali Malik said all parties should resolve political issues and differences strictly in accordance with democratic values.

He said that entire business community irrespective of any political affiliation, always attaches importance to supreme national interest.

LCCI vice president Kashif Anwar said that sit-ins, marches have been causing huge financial and trade loss to the traders of the country. He said that delay in Chinese President’s visit should be reviewed to set good example of Pak-China friendship.

 

 

Tags: All Pakistan Textile Mills Association PunjabChairman SM TanveerIftikhar Ali MalikKashif AnwarLCCI vice presidentPresident Xi JinpingVice President SAARC CCI Pak chapter

Related Stories

FBR cannot impose tax on remittances: FTO

byM Hayat
August 19, 2022

LAHORE: The Federal Tax Ombudsman (FTO) was taken aback as to how the Federal Board of Revenue (FBR) can impose...

Federal Minister for Finance and Revenue Mr. Miftah Ismail held a meeting with representatives from APTMA at Finance Division – 18-08-2022.

Textile sector to be provided all possible support to boost exports: Miftah

byCT Report
August 19, 2022

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail said the government would provide all possible support to the textile...

APP46-180822
ISLAMABAD: August 18 - Federal Minister for Commerce, Syed Naveed Qamar addressing a press conference along with Iranian Road & Urban Development Minister Rostam Gasemi at 21st session of Pakistan-Iran Joint Economic Commission (JEC). APP photo by Saleem Rana

Pakistan-Iran FTA to be finalized in coming six months: Naveed Qamar

byCT Report
August 19, 2022

ISLAMABAD: Federal Minister for Commerce, Syed Naveed Qamar has said that Iran and Pakistan would give final shape to the...

SECP introduces digital-only insurers and microinsurers

byCT Report
August 19, 2022

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) introduced registration regime for digital-only insurers and dedicated microinsurers. This will...

Next Post

Customs to test WeBOC at Wagha Border soon: Majid Yousfani

  • Contact us
  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • Contact us
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.