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Home Chambers & Associations

Traders, industrialists express concern over impounding of cargo containers

byM Hayat
28/10/2019
in Chambers & Associations, Latest News, Pakistan Chambers
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LAHORE: The traders and industrialists while expressing concern over impounding of cargo containers for road blockade, have urged the authorities concerned to use only empty containers for necessary blockade as containers having tradable goods would incur a loss of billions of rupees to the businessmen in general and exporters in particular.

They said that containers are being stopped and withheld by the police at various places which is causing delay in the shipments and also financial damage to the exporters. They said that containers carrying trading goods and raw materials etc. should not be stopped as it would inflict financial loss, not only to the businessmen but also to the country.  They said that empty containers may be used but not for a longer period as this would also create problematic situation.

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They said that international media is monitoring the whole situation in Pakistan therefore it would be wiser on part of the political players to show responsibility and commitment toward the country.

In a statement, the LCCI President Irfan Iqbal Sheikh, Senior Vice President Ali Hussam Asghar and Vice President Mian Zahid Jawaid Ahmad said that cargo containers, loaded with chemicals and other flammable material, may cause any untoward incident besides causing huge loss to the business community.

“The Lahore Chamber of Commerce & Industry has received a number of complaints from the businessmen that at quite a few places the authorities were using containers filled with material that is not a good thing as a large number of industrial chemicals are very dangerous”, they added.

The LCCI office-bearers said that survival of the countries depends on sound economies and to achieve this goal, political stability is a must therefore politicians should take a lesson from the developed economies and utilize all the national resources for the progress and prosperity of the country.

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