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Russia-Ukraine war hits Pakistan’s kinnow exports badly

Russia-Ukraine war hits Pakistan’s kinnow exports badly

A conversation with Mr. Waheed Ahmed — Patron-in-Chief, Pakistan Fruit & Vegetable Exporters, Importers and Merchants Association (PVFA)

[box type=”shadow” align=”” class=”” width=””]Profile:

Current Responsibilities:

Director Marketing

Iftekhar Ahmed & Co. (2004 to date)

Head of National Horticulture Committee, Govt. of Pakistan

Appointed as Head of National Horticulture Committee, Government of Pakistan – FPCCI 2019

Convener

FPCCI Standing Committee on Fruit & Vegetable Exports

Member

Fruit & Vegetable Committee at Trade Development Authority Pakistan

Patron-in-Chief

All Pakistan Fruit & Vegetable, Exporters, Importers & Merchant Association (PFVA)

Previous Responsibilities:

Former Vice President

Elected as Vice President of the Pakistan Federation of Chamber Of Commerce & Industry (Year 2018)

Acting President

Also discharged responsibilities as Acting President –FPCCI during absence of the President –FPCCI. (Year 2018)

Chairman

FPPCI’s Standing Committee of Fruit & Vegetables Exports (2017)

Chairman

All Pakistan Fruit & Vegetable, Exporters, Importers & Merchant Association (2015-2016)

Member

Advisory Board on Agriculture, Livestock, Dairies Board of Investment Islamabad Federation of Pakistan Chambers of Commerce & Industry (FPCCI)

Member

Export Facilitation Committee of TDAP from Federation of Pakistan Chambers of

Commerce & Industry (FPCCI)

Executive Member

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) (2016)

Director

Pakistan Horticulture Development & Export Company [Semi Government] (2015-2016)

Director

Pak Russia Business Council of FPCCI (2015-2016)

Executive Member

Agriculture Committee at Trade Development Authority Pakistan (2014-15)

Chairman

FPCCI Standing Committee on Fruit & Vegetable Exports (2014)

Advisor, Spokes Person and R&D

All Pakistan Fruit & Vegetable Exporters, Importers & Merchant Association (PFVA)

Member

Export Development Fund, Ministry of Commerce, Govt. of Pakistan (2012- 2013) (2015-2016)

Director

Pak Russia Business Council of FPCCI (2013-2014)

Director

Pak Ukraine Business Council of FPCCI (2012-2014)

Manager Marketing

Iftekhar Ahmed & Co. (2001 -2004)

Chairman

All Pakistan Fruit & Vegetable, Exporters, Importers & Merchant Association (2009-2010) & (2012-2013)

Director

Pakistan Horticulture Development and Export Company (Semi Government) (2012-2013)

Executive Member

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) (2011-012)

Member Advisory Committee

Trade Development Authority of Pakistan (TDAP) (2009-2010)[/box]

While talking to PAKISTAN & GULF ECONOMIST, Mr Waheed Ahmed, Patron-in-Chief PFVA disclosed that exporters are badly suffering due to sanction on Russia. In this regard, he has requested Mr. Adbul Razaq Dawood, Advisor to Prime Minister on Economy, Trade, Investment & Industry Ministry of Commerce for an immediate action.

The war brings misery for everyone and the exporters are no exception to this phenomenon and they pay a huge price by sustaining huge financial losses. The kinnow exporters of our sector who export kinnow to Russia and Ukraine have been severely hit by this conflict. Here are the issues:

1- Payment (Export Proceeds) stuck up

The payments from Russia have been stuck up due to sanctions on Russia and now the exporters are facing liquidity problems. If the war further prolongs, this issue of payment would be further deepened and hence there is a dire need to put some sort of “Financial Mechanism ” in place to resolve this serious issue.

2- Adjustment of time limit of E-form

The export proceeds are required to be remitted to Pakistan against an E-form within a time frame of 120 days, however, under the prevailing “war condition”, it is more likely that the exporters may be unable to meet time frame as the E-form, which are now “overdue” would lead to various other problems. It is therefore requested that the time frame of these E-form may kindly be extended keeping the specific conditions due to war between Russia and Ukraine.

We strongly anticipate that the issues highlighted above would be resolved on priority basis to extend relief to the “worried exporters” so that they can focus on the primary objective of exports’ enhancement.

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