LC restrictions crippling industries Businessmen fear closure of plants, large-scale unemployment
Dec 17, 2022 |
thaver
Usman Hanif December 17, 2022 KARACHI: The non-issuance of letters of credit (LCs) is crippling industrial activities, leading to massive unemployment as companies are unable to import the raw material necessary to keep their manufacturing wheel running. Karachi Chamber of Commerce and Industry (KCCI) President Mohammed Tariq Yousuf, while expressing deep concern over the non-issuance […more]