SIFC directs restoring licenses of car manufacturers

By: News Desk
Published: 08:02 AM, 27 Oct, 2023
SIFC directs restoring licenses of car manufacturers
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The SIFC issued directives to restore the licences of car manufacturers, 24NewsHD TV channel reported on Thursday.

According to sources, the SIFC also directed the restoration of the import quota of car manufacturers.

Car manufacturers presented a report on vehicle exports, they said, adding that manufacturers gave briefings about the production of equipment and spare parts at the local level.

Negotiations are ongoing with the government, PAMA DG Abdul Waheed said, adding that, the import was halted due to the coronavirus pandemic.

The raw material was not imported due to government restrictions, he said, stressing that there are several reasons for the lack of export and localization of vehicles

Categories : Business