NAWAIWAQT GROUP
 
 
 
FPCCI expresses concern over destruction of imported goods
 
 
 

KARACHI : Zakaria Usman, President FPCCI has expressed his deep concern over the destruction of imported goods and consequent losses to the importers during the recent terrorist attack on Karachi airport. In a statement issued here on Saturday, he further said that he has been receiving complaints of the aggrieved importers who are worried about their huge financial losses and annoyed on the silence of the authorities which has created uncertainty amongst them about compensation of their losses. He further said that due to high rate of premium for insurance against terrorism, the aggrieved importers did not get their consignments insured except a few big companies.
He said that normally the airport area is considered as highly secured and red alert zone as compared to other areas of the city due to which the importers do not bother to get insurance against terrorism. The said incident was a security laps which caused huge financial loss to the business community. The government normally compensates the effectees of terrorism by making some payment to the aggrieved persons or their relatives.
The President FPCCI further said that millions of dollars worth goods including mobile phones, laptop computers, medicines, pharmaceutical raw material and chemicals for dyes and paints have been destroyed.
The government should have some sympathy with them and arrange some compensation to cover their losses so that they can be saved from insolvency and bankruptcy. They may also be refunded their taxes and duties already paid to government on their consignments which could not be cleared but lost.
Zakaria Usman has suggested that a special committee should be formed immediately consisting of the representatives of concerned authorities including Civil Aviation, Customs, Airport Security Forces, Gerry’s, Pak Shaheen and business community. The said committee should expeditely assess the losses of individual importers on the basis of documentary evidences and submit comprehensive report to the government.

 
 
on epaper page 8
 
 
more in Business

London- British magazine, The Economist, has said that Pakistan's stock market is doing well...

Islamabad- Governor Punjab Chaudhary Muhammad Sarwar visited the residence of JUI(F) Chief M...

October 25, 2014
October 25, 2014
 
Comments
comments powered by Disqus
 
 
NAWAIWAQT GROUP