APWCA welcomes regulatory duty on copper scrap export

All Pakistan Wire and Cables Association has welcomed the imposition of 30 percent Regulatory Duty on the export of copper scrap terming it an industry-friendly decision.

Chairman APWCA Haji Latif and General Secretary Malik Muhammad Anwar said in a media statement that export of copper scrap at vast scale is causing shortage of raw materials copper wire manufacturers and various other important industries.

They said the imposition of Regulatory Duty will provide impetus to the local industries, besides securing employment of thousands of workers.

Source: Radio Pakistan