furnish the Northern region.
Tabba said South African market still has potential for Pakistan cement. Exporters, before the imposition of anti-dumping duty of 77 percent, annually shipped cargoes to 2 million tons/annum to South Africa.
However, anti-dumping duty and devaluation of South African currencies in the last six months had stopped cement export to the African country.
Cement exporters also blamed multiple taxes by the government that has increased production cost manifold. They demanded the government to review its taxation policies to revive cement exports.
All Pakistan Cement Manufacturers Association mulls to suggest the government to remove five percent tax on import of coal, withdraw Gas Infrastructure Development Cess of Rs200/ton, and award 3-4 percent incentives on exports via sea. Those measures would give $4-5/ton relief and help revive exports.
"If we want to recapture the lost market, we have to cut the cost and the government should give some incentives," Tabba said.
Cement exports has dropped 36 percent to 467,000 tons in September as compared to 730,000 tons in September 2014, the Association reported.
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