Issue on raw material imports yet to be solved: PAGEV
In the press release, PAGEV stated that the issue has not been completely solved with the new regulation effective as of March 4 as the congestion at the borders gates moved to the relevant Provincial Directorates for Environment and Urban Planning. PAGEV also reported that the best solution would be to return to the declaration which was effective before the declaration dated February 17, 2015 in order to immediately pull waiting goods from customs and added that their request as to the return plan is unable to be met by the Ministry of Economy because of domestic producer Petkim’s case at the 10th Chamber of Council of State. In order to obtain results favorable to the market, PAGEV remarked that they would be joining the Ministry of Economy’s petition during the appellate procedure against Petkim’s case.
The recent congestion issues have significantly affected manufacturing activities in variety of sectors and have also resulted in hefty hikes in the prices of readily available goods inside the country.
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