He said that irrespective of the economic and political issues, delivering such an impressive speech is not an easy thing to do at such a high level which the Karachi Chamber highly appreciates hence, the General Body Members must pass a resolution today in which Prime Minister Imran Khan must be praised for his excellent speech in which our PM rightly argued that why only Muslims are labelled as terrorists as terrorism has got nothing to do with religion.
Commenting on the economic issues being faced by the country, Siraj Teli pointed out that Karachi Chamber always opposed government's policy to impose Regulatory Duties which, even though reduced trade deficit to an extent, but it was going to be really harmful for the economy.
The government should have imposed complete ban on the import of luxury cars and those food items which are already available in Pakistan but the imposition of anti-dumping duties and other duties would lead to shrinking the economy and promote smuggling. "Regulatory duties have been imposed on so many goods yet all of them are easily available in bulk quantities all over the country due to widespread smuggling which was worsening the situation and proving unfavourable for the economy and the industry," he added.
Referring to his conversations with Chairman FBR Shabbar Zaidi from time to time, Siraj Teli said that all the laws and policies have been devised to recover taxes from Karachi only whereas other cities and provinces have been set free and remain exempted from the taxation laws.