Pakistan’s economy took a hit after losing a $25 million export order due to a anti-national campaign led by NGOs against cigarette exports. The campaign, coupled with delays in issuing a crucial Statutory Regulatory Order (SRO), resulted in the cancellation of a lucrative contract. Bangladesh swiftly capitalized on Pakistan’s delay, securing the $75 million annual order.
Order for Sudan Canceled Due to Delay
A private Pakistani cigarette manufacturing company had received a substantial order to export its products to Sudan. This deal would have provided an estimated annual revenue of $75 million. However, NGOs’ strong anti-national campaign against cigarette exports in Pakistan, along with delays by the Ministry of Health, led to a missed opportunity. The Prime Minister’s office had approved the necessary SRO to facilitate this order, but the Ministry and other government bodies failed to issue it on time.
Bangladesh Gains an Edge
Company insiders revealed that over six weeks have passed since the Sudan order was canceled. During this period, Bangladesh capitalized on the gap and secured the order. This swift move by Bangladesh highlights the competitive nature of the export market in the region, where every delay can cost millions.
NGOs Accused of Hindering Exports
Industry sources claim that specific NGOs have persistently opposed Pakistan’s cigarette exports, raising objections under the banner of public health concerns. These organizations reportedly intensified their campaign, especially in Sudan, resulting in a negative perception of Pakistan’s tobacco exports. Economic experts in Pakistan believe that certain NGOs, driven by foreign funding, are creating obstacles for local businesses under the guise of ethical concerns.
In the past, the Pakistani government has taken action against over 18 NGOs, accusing them of spreading unrest and laundering money. However, sources say that similar groups continue to operate under new identities, affecting industries vital to Pakistan’s economy.
KSE-100 Index Rebounds, Gains 500 Points
Local Industry Voices Concerns
The cigarette industry in Pakistan is disappointed with the government’s handling of the situation. Representatives from the industry expressed frustration over the lack of a swift response from relevant ministries, calling it a setback to Pakistan’s export capabilities. They argue that Pakistan’s reputation in the global market could suffer if delays and NGO campaigns continue to impact its international trade.
One industry official stated, “The loss of this order is not just about numbers; it’s about missed opportunities for local workers and businesses who rely on these exports.”
Economic Impact on Pakistan
Analysts warn that the cancellation of this order could have ripple effects on Pakistan’s economy. The export market, which contributes significantly to the country’s foreign exchange reserves, depends on timely decision-making and government support. The industry experts believe that losing such orders may have long-term effects, as Pakistan could find it challenging to regain trust and market share in the face of fierce competition from neighboring countries like Bangladesh.
Future Actions Expected
In response to the backlash, government officials have hinted that the long-awaited SRO may finally be issued. However, industry representatives feel this may be “too little, too late.” The Pakistani government is under pressure to review its response strategies to prevent similar situations in the future.
Some analysts argue that the government needs to take stronger action against NGOs working against national interests. They suggest reviewing the funding and objectives of these organizations to ensure they do not disrupt Pakistan’s economic progress.
Follow Day News on Google News, Instagram, YouTube, Facebook, Whats App, and TikTok for latest updates