News Snapshot:
ISLAMABAD, May 21 (INP): Locally assembled Chinese mobiles and vehicles have gained a foothold in Pakistan’s car and mobile phone markets. The ban on importing vehicles and phones will further increase the manufacture of Chinese cars and cellphones locally and will help the Government of Shehbaz Sharif to save the country’s foreign reserves, says a report published by Gwadar Pro on Saturday. The Government of Pakistan has decided to ban the imports of luxury items to save the country’s precious “foreign exchange”. Expensive cars and smartphones are amongst the items imported from abroad, shrinking foreign exchange. However, according to the...
