ISLAMABAD, Sep 19 (Online): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday said the foreign industry should not be promoted at the cost of local industry as it will result in closures, loss of jobs and revenue. The decision to reduce duties on import of steel should be reviewed as it will damage the local industry which is already struggling to survive, said Vice President FPCCI Qaisar Khan Daudzai. Talking to a group of large steel producers, he said that giving relaxation to the local industry will attract investment and reduce the price due to competition … Continue reading Local industry should not be weakened by promoting imports: FPCCI