Akram Sheikh, president of the All Pakistan Cycle and Cycle Parts Manufacturers Association [APCCPMA], said on Saturday that illegal imports of Chinese bicycles at dumping prices is "a matter of concern." This is a concern shared by COLIBI, the European bicycle manufacturer's association, which will apply for the renewal of anti-dumping duties against complete Chinese bicycles. The current duties come up for review in July 2005.
Pakistani bicycle manufacturers have asked the Pakistan government to take immediate steps to safeguard the indigenous bicycle industry, said a report from Asia Pulse, the Australia-based news agency.
Akram Sheikh said that Chinese bicycles have affected the local bicycle industry, as production of bicycles has declined, posing a threat to the jobs of thousands of workers, as well as a revenue loss to the government.