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Motorcycle Importers & Dealers Association Would locally manufacture spare parts

KARACHI: President, Karachi Chamber of Commerce and Industry (KCCI) Mohammad Tariq Yousuf has advised the importers of motorcycle spare parts to set up their own cottage industries for manufacturing various spare parts.

These parts were currently being imported. It was no more feasible to import these parts because of uncertain situation due to currency fluctuation, he said while exchanging views with a delegation of All Pakistan Motorcycle Spare Parts Importers and Dealers Association (MSPIDA) in his office at the chamber, said KCCI release on Tuesday.

The delegation was led by MSPIDA Chairman Nasir Maqbool. KCCI Senior Vice President Touseef Ahmed, Vice President Muhammad Haris Agar, Chairman KCCI’s Special Committee on Small Traders Majeed Memon, former President KCCI Iftikhar Ahmed Vohra, former Chairman MSPIDA Faisal Khalil, KCCI Managing Committee Members and MSPIDA Members also attended the meeting.

KCCI president emphasized that setting up small industries for manufacturing spare parts was the only solution to most of the problems being faced by spare parts traders.

The issues included exorbitant customs duty, delays in clearance of consignments, heavy demurrage/ detention losses and high cost of imported goods due to rising dollar value.

He also advised that any member of MSPIDA facing law and order problem could contact KCCI’s Police Chamber Liaison Committee, and Law and Order Subcommittee for quick relief.

Moreover, all MSPIDA members facing delays in clearance of imported goods could also approach KCCI. The chamber would get in touch with the Customs Authorities and the State Bank of Pakistan for the resolution.

Earlier, Chairman PASPIDA Nasir Maqbool, in his short remarks, congratulated the newly elected office bearers and hoped that the cooperation between the two institutions would strengthen further. Collective efforts will be made for resolving numerous issues particularly the Customs and valuation issues being faced by the importers of spare parts, he pledged.