Business

Cement exports suffer due to South African duties

'This has resulted in a reduction in cement exports to around $100-150 million from $700 million'

Our Correspondent April 18, 2019

'This has resulted in a reduction in cement exports to around $100-150 million from $700 million'. PHOTO: FILE

KARACHI: Pakistan’s cement exports to South Africa have suffered in the last couple of years because of anti-dumping duty imposed by the South African government.

“This has resulted in a reduction in cement exports to around $100-150 million from $700 million prior to imposition of the duty,” said Pakistan-South Africa Business Forum (PSABF) Chairman Mohammad Rafiq Memon.

Domestic cement sales fall for first time in 9 years

Speaking at the Karachi Chamber of Commerce and Industry (KCCI) on Wednesday, he said, “We are trying to get this issue resolved but Pakistan’s Ministry of Commerce also has to send a delegation to South Africa in order to persuade the authorities to review and waive the anti-dumping duty on cement.”

Memon revealed that the PSABF planned to organise a four-day seminar in July 2019, which would be followed by a single-country exhibition in October to highlight Pakistan’s trade potential. “These events will provide a perfect opportunity to industrialists to introduce their products in South Africa.”

Published in The Express Tribune, April 18^th, 2019.

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