Health
Change in Green Channel rules harms importers
字号+ Author:Smart News Source:Health 2025-01-14 02:15:41 I want to comment(0)
KARACHI: A sudden change in Green Channel parameters by the Customs Department has left thousands of containers stuck at the port, causing importers heavy financial losses while shipping companies and terminal operators cash in on their plight. If delays in the clearance of consignments continue, the supply of medicines, including medical devices, steel, and pulses will be badly affected. This development has resulted in significant delays and inefficiency in the clearance of imports. Changes to the Risk Management System (RMS) criteria have led to a drastic decline in Green Channel clearance rates — from over 47 per cent to below 26pc. This has brought about an unprecedented rise in the number of containers marked for examination and assessment, overwhelming terminal operators and assessment officers. Importers now face delays of up to four days in grounding containers, followed by another two to three days for examination and assessment. Khurram Ejaz, a former vice president of the Federation of Pakistan Chambers of Commerce and Industry, said in a statement that assessment officers were already overburdened with litigation matters, leaving them with little time for a proper assessment. The absence of a separate litigation department compounds the matter. This enforcement-heavy approach inadvertently affects most importers — a cohort critical to economic growth.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Bill Maher reacts to ‘Real Time’ exit rumours
2025-01-14 01:51
-
ورلڈ بینک پاکستان کو 10 سالوں میں 20 ارب ڈالر قرض دینے والا ہے: ذرائع
2025-01-14 01:32
-
مورگن اسٹینلے نے سیکٹر آب و ہوا اتحاد چھوڑنے کا فیصلہ کیا ہے۔
2025-01-14 01:07
-
مورگن اسٹینلے نے سیکٹر آب و ہوا اتحاد چھوڑنے کا فیصلہ کیا ہے۔
2025-01-14 00:13
User Reviews
Recommended Reads
Hot Information
- ‘Prosperous Pakistan in US interest’
- مورگن اسٹینلے نے سیکٹر آب و ہوا اتحاد چھوڑنے کا فیصلہ کیا ہے۔
- مورگن اسٹینلے نے سیکٹر آب و ہوا اتحاد چھوڑنے کا فیصلہ کیا ہے۔
- ورلڈ بینک پاکستان کو 10 سالوں میں 20 ارب ڈالر قرض دینے والا ہے: ذرائع
- South Korea's Yoon won't attend first impeachment trial hearing: lawyer
- پچھلے ہفتے پی ایس ایکس میں مخلوط جذبات کے باوجود، کے ایس ای 100 نے 467 پوائنٹس کا اضافہ کیا۔
- ورلڈ بینک پاکستان کو 10 سالوں میں 20 ارب ڈالر قرض دینے والا ہے: ذرائع
- مورگن اسٹینلے نے سیکٹر آب و ہوا اتحاد چھوڑنے کا فیصلہ کیا ہے۔
- Strict vehicle registration policy in Sindh proposes heavy penalties
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content