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Home Chambers & Associations

SCCI calls for provision of interest-free loans

byCT Report
29/12/2017
in Chambers & Associations, Pakistan Chambers
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SIALKOT: President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik has urged the government to provide interest-free loans to exporters on the basis of exports of five years for import of new technology.

He said interest-free loans were also crucial to improve overall technological infrastructure of the industry and encourage manufacturers to import latest machinery.

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He suggested that the government should take drastic steps for streamlining existing markets and identification of new potential markets for ‘Made-in-Pakistan’ products.

Pakistan should focus on exploring new markets like Far-East, Central Asian Republics, Latin America and most importantly Russia, he added.

The government should give special incentives to encourage export of high-priority sectors like textile and clothing, surgical and dental instruments, leather products, sports goods, footwear, gems and jewellery and furniture.

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