But most of the exporters have not met the deadline and now SBP is issuing notices to them. “SBP should increase time limit for the exporters who are already facing high demurrage charges”, they emphasised. .The exporters have been demanding of the government to either solve the problem through Foreign Office or High Commission. “We have written a letter to the Textile Ministry about the problem but nothing has been done so far”, they said. “The commercial counsellor of Pakistan is also not providing any assistance”, they remarked. .”We have talked to the port authorities to reduce demurrage charges, indicating that the importing company has become ‘‘defaulter or bankrupt’’ but they are still demanding payment of demurrage charges that have increased to $2 million. .Source: Business Recorder
Date:5/14/2008
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