After imported used cars create gridlock, govt allows one-off relaxation - News Summed Up

After imported used cars create gridlock, govt allows one-off relaxation


The move comes as close to 7,000 used cars created a gridlock at Karachi port, causing a delay in shipments and creating a storage havoc for authorities. Used cars create gridlock at Karachi portImporters, unwilling to pick up their cargo, said at the time the gridlock was a result of government measures taken in October to reduce car imports. Import of used cars only discouraged, not stopped: DaghaImporters say that the government should have devised some mechanism before implementing new rules for used car imports. For years, car importers have been importing used vehicles through three major schemes – personal baggage, transfer of residence and gift scheme. However, according to the calculations of local car industry officials, Pakistan is spending close to $750 million a year on used car imports.


Source: The Express Tribune January 20, 2018 17:37 UTC



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