Seafood industry demands zero rating facility to regain lost status

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By Muhram Hussain

KARACHI: The Union of Small and Medium Enterprises (UNISAME), the Pakistan Fish Exporters Association (PFEA) and prominent seafood exporters held a first preliminary meeting with the Small and Medium Enterprises Development Authority (SMEDA).

Mukesh Kumar provincial chief SMEDA Sindh hosted and chaired the session with positive optimistic outlook to uplift a promising sector with vast potential. He endorsed the suggestions and promised to take up matter with SMEDA head office on priority basis to uplift and revive the handsome acqua culture. He agreed to submit a complete proposal based on facts and figures to be prepared jointly with the stakeholders.

President UNISAME Zulfikar Thaver said it is high time the fishing industry is modernized. It needs finance and facilities to come up to international standards. In fact it needs to partner with China under CPEC for revival as there is vast scope and sky is the limit. This sector can employ, give opportunities for handsome income generation and feed the masses with one of the best nutritional value food. Above all earn valuable foreign exchange. Thaver said we are knocking at the doors of SMEDA for advocacy of our cause with the government not to overlook our needs anymore and revive this promising sector on fast track.

Akhlaq Hussain a leading seafood exporter, Yasir Abbas Syed another exporter and expert and Zafar Kundi the chairman of PFEA demanded “ZERO-RATED Status be given to Seafood Export Industry” just like given to other five industries, including Sales Tax and Income Tax Refunds.

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