January 3, 2013 General, Market No comments
Govt should allow import of five years used cars: Kashmala Tariq
Islamabad, January 03, 2013 (PPI-OT): Secretary Information Pakistan Muslim League Likeminded and Member National Assembly Kashmala Tariq while giving details of the meeting of National Assembly Standing Committee on Commerce held today stated that all the members of the Committee unanimously agreed that Govt should allow import of five years used cars and there is Rs.14 Billion loss to the National Exchequer due to ban of import on five years used cars confirmed by FBR.
She highlighted that the ECC took the decision headed by Deputy Prime Minister, which had no authority to initiate such policy. She said that the Commerce Committee gave approval to import five years cars, so hence the committee members demanded that Standing Committee on Commerce and Finance should take up the issue to resolve ambiguity.
She said that in the meeting, it was found that even Law Ministry was by passed to ban import of five years car. She highlighted that Competition Commission and National Tariff Commission had urged that import of five years cars should be allowed so that healthy competition in the market be promoted. She said that the plants which was fixed 30 years earlier planned to manufacture their own cars only assembled the cars and the aim was to save three main cars industries Honda, Suzuki etc, which showed that it is mafia.
She has highlighted that the Govt had directed that ordinary Suzuki cars prices should be reduced beyond 100thousans which was not implemented and they are charging access money which is not affordable for common man to buy such cars.
She has said that Ministry of Industries had no legal role to initiate the summary, how can govt change policy in 48 hrs and the said decision is unduly favor to the car assemblers. She has said that Committee members unanimously agreed that the Govt should allow import of five years used cars to save loss of Rs.14 Billions and the meeting of NA Finance Committee is going to be held on January 10, 2013 in this regard. She has told that the Committee has warned if the issued was not resolved as recommended by Commerce Committee, then the matter would be referred to the Supreme Court.
Pakistan Muslim League Like-Minded
Kashmala Tariq
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