Karachi Chamber Of Commerce And Industry KCCI

Karachi Chamber Of Commerce And Industry KCCI

5/30/2025, 5:48:44 AM

KCCI Weekly Pulse 20th May, 2025 https://rb.gy/r23ccq

Karachi Chamber Of Commerce And Industry KCCI

5/27/2025, 11:28:04 AM

Railways key to easing Karachi’s cargo pressure, says DS https://pkrevenue.com/railways-key-to-easing-karachis-cargo-pressure-says-ds/

Karachi Chamber Of Commerce And Industry KCCI

6/2/2025, 1:31:49 PM

https://youtu.be/EUUknJ0ypxs

Karachi Chamber Of Commerce And Industry KCCI

5/30/2025, 5:55:04 PM

KCCI demands subsidy release for incremental power consumption https://pkrevenue.com/kcci-demands-subsidy-release-for-incremental-power-consumption/

Karachi Chamber Of Commerce And Industry KCCI

5/23/2025, 4:38:23 AM

Leader of Karachi’s Business & Industrial Community, *Zubair Motiwala* , felicitates *Field Marshal Asim Munir* on his historic promotion — a proud moment for Pakistan!

Karachi Chamber Of Commerce And Industry KCCI

6/1/2025, 2:06:09 PM

*June 1, 2025* *FCA system eased trade for business community, rumours of rollback must be discouraged: Bilwani* KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has said, “Only those individuals engaged in misdeclaration, under-invoicing, or other malpractices have encountered difficulties under the new system. For the vast majority of compliant importers and exporters, the FCA has made processes faster, simpler, and more transparent, hence, all types of rumours circulating about the rollback of this system must be fully discouraged.” While strongly praising the performance of the Faceless Customs Assessment (FCA) system and calling for its immediate implementation across the country, President KCCI commended the Federal Board of Revenue (FBR) and Pakistan Customs for launching the FCA system in Karachi, which he described as a model of effective reform that has brought far-reaching benefits to the business community. The system, which leverages Information Technology (IT) and Artificial Intelligence (AI) to eliminate physical interaction in customs assessment, has drastically curtailed corruption, enhanced transparency, reduced losses on account of demurrage & detention and restored confidence among genuine traders, he added. He noted that the introduction of FCA has significantly improved the efficiency of customs operations by expediting clearance times and simplifying documentation. With reduced dependence on clearing agents and elimination of discretionary powers, businesses now experience faster processing, fewer delays, and greater predictability in their import-export operations. The adoption of self-clearance by a growing number of traders has led to a considerable reduction in their cost of doing business, empowering them to manage their shipments independently through a digital interface. Jawed Bilwani emphasized that one of the most commendable achievements of the FCA system is the minimization, almost complete elimination, of physical visits to Customs House. This not only saves valuable time and operational resources but also reduces the opportunities for malpractices historically associated with manual assessment systems. As a result, legitimate businesses are finally operating in a more secure and equitable environment. Highlighting the success of the Karachi rollout, he stressed the need for swift nationwide replication. “The outstanding results in Karachi clearly demonstrate that Pakistan’s trade infrastructure can be modernized when technology is implemented with integrity and vision. There is no reason to delay its expansion to other cities and ports,” he said. He further urged the government and relevant authorities to introduce similar IT and AI-enabled systems in all other departments linked with trade, taxation, and regulatory approvals. By reducing human involvement, he stated, the government can eliminate the root causes of corruption and inefficiency across the board. He also called for full digitization of the entire trade process, from documentation and submission to assessment, approvals, and final clearance so that the entire ecosystem functions with greater transparency, accountability, and speed. Jawed Bilwani also appreciated the Customs officials in Karachi for their commitment to ensuring the success of the FCA system. He reiterated KCCI’s full support for all initiatives that aim to simplify trade, reduce bureaucratic hurdles, and foster an environment conducive to fair and transparent business practices. “The future of Pakistan’s trade lies in embracing technology, eliminating corruption, and empowering honest entrepreneurs. The FCA system is a clear step in the right direction. It has not only exposed the dishonest elements but has also rewarded law-abiding businesses with the efficiency and dignity they deserve. We urge the government to build on this momentum and institutionalize such reforms across the country”, he concluded.

Karachi Chamber Of Commerce And Industry KCCI

6/4/2025, 11:56:05 AM

https://youtu.be/msnlaUs4WGE

Karachi Chamber Of Commerce And Industry KCCI

6/3/2025, 7:33:12 AM

KCCI Weekly Pulse - 3rd June, 2025 https://rb.gy/3654tw