Kashmir Traders Oppose FDI in eCommerce retail

Kashmir Traders and Manufacturers’ Federation today opposed any foreign direct investment in e-commerce retail, suggesting that the government should take all stakeholders on board before allowing any FDI. President KTMF, Muhammad Yasin Khan said the government should give preference to the interests of small retailers and consumers. “The FDI in e-commerce retail will hit the traders directly and will cause loss of livelihoods. It is unfortunate that we are ignored by the government in this issue,” Khan said. He said it was “mandatory” for the government to take traders on…

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