Chemical sector pays for imports in Pakistani rupees.
Pakistan's chemical industry imported its first ever raw material consignment from Saudi Arabia in Pakistani rupees, paving the way for further imports in the local currency and relieving pressure from the country's dwindling forex reserves. Speaking at the inaugural session of the two-day 'Pakistan Chemical Expo 2023', Pakistan Chemicals Manufacturers Association (PCMA) Chairman Jai Kumar said, 'To exploit the chemical sector, PCMA is not only advocating for long-term petrochemical complex projects but is also introducing bio-economy projects to take full advantage of the resources available...
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