Nationwide strike looms as Karachi business leaders, transporters unite against ‘anti-business’ tax law

A man walks past a shuttered market during the countrywide traders strike in Karachi, Pakistan, on October 29, 2019. (AFP/File)
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Updated 15 July 2025
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Nationwide strike looms as Karachi business leaders, transporters unite against ‘anti-business’ tax law

  • Shutdown on July 19 could bring economic activity to a standstill, traders and transporters warn
  • Business community is protesting over key provisions in government’s new Finance Act 2025

KARACHI: Pakistan’s largest business chamber has joined forces with goods transporters from across the country to call for a nationwide strike this week on July 19 in protest against key provisions in the government’s new Finance Act 2025, which they say threaten to paralyze economic activity and stifle trade.

The president of the Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, announced the planned shutdown at a press conference on Monday, flanked by senior chamber officials and leaders of multiple transport alliances.

The strike, they warned, will halt the movement of goods and bring business operations to a grinding halt if the federal government fails to suspend what they describe as “anti-business” measures.

“Unless the government puts all these measures in abeyance, the nationwide strike scheduled for July 19 will take place with full force, bringing economic activity across the country to a grinding halt,” Bilwani said, according to the official statement.

The business community says more than 50 trade associations nationwide have pledged formal support for the strike, signaling what could be one of the biggest shutdowns in Pakistan in recent years if the deadlock persists.

The chamber has listed five key demands, including withdrawal of new sections that grant the Federal Board of Revenue (FBR) powers to arrest traders, penalties on cash transactions above Rs200,000, mandatory digital invoicing, a new e-bilty requirement for goods transporters, and the restoration of the Final Tax Regime for exporters.

Bilwani said transporters’ associations had pledged “unwavering solidarity” with the business community and committed to a complete wheel-jam strike that will stop the movement of trucks nationwide on July 19.

“No vehicle will move… in absolute unity with the business community,” he said.

This is not the first time Pakistan’s business community has threatened mass shutdowns in response to tax measures. But the show of unity between traders and goods transporters has raised fears of significant supply chain disruptions.

Bilwani said while the Ministry of Finance has made informal contact with the chamber, there has been no official commitment to roll back the controversial measures. He insisted that “only upon suspension of these provisions” would the business community agree to any further talks with lawmakers.

Chairman of the Businessmen Group (BMG) Zubair Motiwala, also speaking at the event, warned that the strike was a last resort:

“While the business community does not favor frequent strikes, the prevailing conditions have left no other option,” he said, according to the KCCI statement.

Transport leaders, including representatives of the Pakistan Goods Transport Alliance and other associations, declared their “full and unconditional support” for the strike and pledged to remain aligned with KCCI’s demands “regardless of the consequences.”


Pakistan’s Sharif congratulates Bangladesh PM hopeful on ‘resounding victory’ in election

Updated 27 min 46 sec ago
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Pakistan’s Sharif congratulates Bangladesh PM hopeful on ‘resounding victory’ in election

  • At 60, BNP’s Tarique Rahman is preparing to take charge of Bangladesh, driven by what he calls an ambition to ‘do better’
  • The election comes nearly a year and half after the ouster of Sheikh Hasina in a deadly uprising in the South Asian nation

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Friday congratulated Tarique Rahman on the “resounding victory” of his Bangladesh Nationalist Party (BNP) in parliamentary elections, saying that he looked forward to working closely with the new Bangladeshi leadership.

BNP’s media unit said on X Friday it had secured enough seats in Parliament to govern on its own, though rival group Jamaat-e-Islami raised concerns over delayed results. The final tally has not yet been announced by the Election Commission, but several local media outlets reported the BNP crossing the 151-seat threshold needed for a majority in the 300-member Parliament.

BNP is headed by the 60-year-old Rahman, its prime ministerial candidate who returned to Bangladesh in December after 17 years in self-exile in London. He is the son of former Prime Minister Khaleda Zia, who died in December.

“I extend my warmest felicitations to Mr. Tarique Rahman on leading the BNP to a resounding victory in the Parliamentary elections in Bangladesh,” Sharif said on X. “I also congratulate the people of Bangladesh on the successful conduct of the elections.”

Sharif’s statement comes amid Islamabad’s efforts to rebuild relations with Bangladesh, amid a thaw in relations between the two countries. Pakistan and Bangladesh were part of the same country until Bangladesh’s secession following a bloody civil war in 1971, an event that long cast a shadow over bilateral ties.

Both countries have moved closer since August 2024 following the ouster of Hasina, who was considered an India ally, in a mass uprising. 

“I look forward to working closely with the new Bangladesh leadership to further strengthen our historic, brotherly multifaceted bilateral relations and advance our shared goals of peace, stability, and development in South Asia and beyond,” Sharif said.