Pakistan's FPCCI criticizes new petroleum act amendments, fearing they may cause chemical shortages and harm businesses.

The FPCCI in Pakistan has criticized amendments to the 1934 Petroleum Act, arguing they could harm SMEs and industrial sectors by complicating licensing, storage, and transport of chemicals. These changes have led to confusion and could cause chemical shortages, affecting production and exports. The Director General of Explosives met with FPCCI and promised to help through exemptions and approvals to ease these issues.

November 17, 2024
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