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Home Breaking News

Traders start preferring Karachi port over Islamabad Dry Port due to sit-ins

byM. Faizan
25/08/2014
in Breaking News, Islamabad, Latest News, Ports and Shipping
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ISLAMABAD: The importers and exporters from Islamabad have started importing and clearing their consignments from Karachi port instead of Islamabad Dry Port due to sit-ins in the federal capital.

The traders of Islamabad have been more vulnerable to the effects of the present political disturbance than of any other city in the country. Many importers have cancelled their orders due to the present situation.

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Zaman Hayat, a fabric importer, told Customs Today that many fabric importers had cancelled their import orders which would boost inflation and fabric prices will rise due to the shortage.

It is important to mention that despite the present crisis the employees of dry port have been present regularly at their duties but traders were not willing to take risk to import their consignments through Islamabad Dry Port. Instead they are now preferring Karachi port for import and export.

 

Tags: ANFBahriabrecorderChief Collector Enforcement SouthChief Collector-Appraisement (South)Collectorate of Appraisement-EastCollectorate of Appraisement-WestCollectorate of PreventiveCommerce MinistryCustomCustoms Act 1969Customs AdjudicationCustoms AppealsCustoms Clearing AgentsCustoms dutyCustoms I&ICustoms Intelligence and InvestigationCustoms TariffCustoms TribunalDG I&IfabricFBRFBR ChairmanFBR Spokesperson Shahid Hussain AsadFinance MinistryFIRfreight forwardersFTOISDPIslamabad Dry PortKarachi PortKarachi Port ArrivalsMember CustomsMember LegalNisar MuhammadONOPakistan Budget 2014-2015Pakistan Custom’sPIAPorts and Shippingpost clearance auditShaheen Airlineshow causeTariq BajwaTCSValuation Ruling

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