Karachi: Irfan Iqbal Sheikh President FPCCI welcoming visit of Naeem Anwar Chairman of National Tariff Commission (NTC) to FPCCI Head Office said discussing tariff barriers to trade and their progressive resolution in consultation with business, industry and trade community welcomed sign.

Naeem Anwar announced that NTC is all-willing to take up traders complaints from all sectors for their quick, amicable and win-win resolution.

NTC Chairman stressed that Commission will be forthcoming to facilitate FPCCI in their efforts to open-up new avenues, product-lines, markets and regions for country aimed at diversifying and expanding its exports.

NTC can play catalytic role in growth of trade with emerging markets of Central Asian countries and Africa through formulating their policies in facilitative, growth-oriented and internationally-aligned manner. Central Asian countries are energy-rich nations; but, limited in their potential for trade due to their landlocked geography.

Caspian Sea allows for trade between these countries themselves but, it does not provide them much-needed access to world’s ocean waterways and global markets, he added.

He highlighted glaring challenges hampering growth-poor rail connectivity to borders and novice land-based trade infrastructure with regional and sub-regional countries, Customs and border controls with regional countries of Central Asia, inefficient ports of Pakistan which are in need of investments into much-needed technological upgradation, lack or absence of commercial banking channels with regional countries and lack of cold storage facilities in border areas for perishable goods.

Published in The Daily National Courier, October, 05 2023

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