The Lahore Chamber of Commerce and Industry (LCCI) has rejected the proposed increase in the KPT (Karachi Port Trust) charges and utility prices.
In a media statement issued here on Thursday, LCCI President Kashif Anwar said the increase would badly hit trade and industry and was bound to hurt already dwindling economy. Therefore, the government should not go for the measure. He demanded that proposed increase in handling/delivery charges at KPT by Karachi Gateway Terminal Limited (KGTL) should be withdrawn.
Kashif Anwar said the LCCI had been approached by various importers of steel coils, wire rods, round bars and other bulk commodities.—APP