President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Adrees has said that the government should announce the automobile industry policy immediately and make Pakistan Automobile Spare Parts Importer & Dealer Association (Paspida) as a stakeholder. He was presiding over the first meeting of the newly-elected body of the association for the year 2016. The meeting was attended by Iftikhar Ali Malik, Hameed Akthar Chadda Vice President of FPCCI, Naeem Shaikh Chairman Paspida, Syed Abdul Waheed Shah and various members of the Paspida Executive Committee.
While sharing the problems Naeem Shaikh informed the forum that due to smuggling the association has suffered severely, however at the same time the import duty has reached on its peak due to which the local manufacturers also facing serious difficulties. He said that the exports of only auto parts industry in Thailand was 25 billion that is more than the total exports of Pakistan. He request FPCCI to play its role and arrange a meeting with FBR and Ministry of Finance to resolve their genuine issues.-PR