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The Executive of the Marble Association met with the President of the Association, Furrukh Majeed. The association’s notice on trade policy was reviewed.
The meeting pointed out that the North West Frontier Province government banned the blasting of mines, resulting in a shortage of raw materials. Not only that, but the marble mines and processing plants here have been forced to stop work due to military operations in the North West Frontier Province.
President Furrukh Majeed said that due to shortage of raw materials, Pakistan had to pay double the freight to import stone materials from elsewhere.
At the press conference, Furrukh pointed out that despite many difficulties, according to last year's fiscal statistics, the marble industry increased by 40%. He also said that the Pakistani marble industry increased by 40 million US dollars in September 2008 compared with August 2007. He said that the United States, Italy, the Middle East, China, the Malaysian Islands and Russia may all become potential export markets for Pakistan.
He said that the association made some suggestions and opinions on trade policy, but it was not adopted. The association recommended to the Ministry of Commerce to participate in the exhibition in these potential market countries in order to promote the marble of Pakistan. The association also recommended that the government establish a marble business delegation to explore the international market. Furrukh believes that attending exhibitions and international exchanges is good for attracting international buyers.
AbdulSami, the former chairman of the Marble Association, said that the unstable domestic environment made international buyers unwilling to place orders in Pakistan, so attending exhibitions and business delegations is the focus of international trade. Sami condemned the Ministry of Trade Development not only did not try to promote the development of the stone industry, but also prevented the holding of the stone exhibition, which also blocked potential buyers.
The association also requires the opening of mining to industrial status. The chairman of the association believes that the mining industry has not been able to develop modern mining and blasting technology because of the lack of industrial status in mining and the fact that banks do not provide loan conditions that make investors afraid to invest in the mining industry. In addition, mining policies do not provide equal investment in mining.
AbdulMuneeb, the current chairman of the association, believes that Pakistan lacks large transport trucks (to transport huge marble materials). Transporting raw materials with conventional trucks increases transportation costs. He suggested that Pakistan impose a tax exemption policy on large transport trucks in order to promote the development of the marble industry and other industries.
Pakistan marble industry boycotts new trade policy
The war in the border province of Pakistan has affected the marble trade, and the Pakistani government has introduced a new trade strategy policy framework. However, as this policy did not solve the fundamental problem of the Pakistani stone trade, it was resisted by the All Pakistan Marble Association.