Friday, April 19, 2024

CJ Athar Minallah asks Govt to Bring PayPal and Amazon in Pakistan

Islamabad high court Chief Justice Athar Minallah sent messages to the Department of Commerce and Information Technology and found that the petitioner was aggrieved because respondents failed to implement the mandatory requirements set out in the 2019 Ecommerce Policy.

The Islamabad Supreme Council gave the federal government two weeks on Tuesday to respond to a petition against the country's lack of e-commerce facilities.

The petition, a citizen named Junaied Hafeez, told the court that Pakistan has no access to the world's largest e-commerce company, Amazon.

He said that for ten years, Amazon had not prevented Pakistanis from logging into their site because the country's payment method was not secure.

So far, no offer has yet been officially negotiated in Pakistan to use Amazon or PayPal," the petition said.

It turns out that the government did not understand this simple but logical trend towards globalization and modernization."

The petitioner pointed out that the e-commerce industry had grown to more than $ 4 trillion worldwide, but Pakistan had not taken advantage of the industry's opportunities due to the government's "lack of interest".

Read Also: Significant Growth in Digital payments in Pakistan as per Daraz index

He also asked the court to declare the e-commerce policy incorrect and flawed in 2019.

The 2019 ecommerce directive is flawed and flawed in many ways because it can change existing consumer protection laws. Consequently, China, Russia and many other countries have specific provisions in their consumer protection laws related to e-commerce. ''

The petitioner argued that data protection legislation is a precondition for the successful and growing e-commerce sector. "However, there is no data protection law in Pakistan," he added.

Amazon's marketplace has 8.5 million sellers worldwide. There are 2.1 million active sellers.

Millions of SMEs from all over the world are selling on Amazon.

So far, 537,000 sellers have joined all Amazon marketplaces this year. This equates to 3,091 new sellers per Day or 128 per day. Day. Hour or even 2 an hour. Minute. Currently, 1.1 million new sellers have joined Amazon by the end of the year.

This adds to the millions of sellers already on the market and was mainly contributed by 96,210 new sellers on Amazon.com, 67,636 new sellers on Amazon.nl and 49,764 new sellers on Amazon.in.

Trade Awards and investment advisor Abdul Razak Dawood recently said that Pakistan is registering merchants in the country with US e-commerce giant Amazon and has sent a list of 38 exporters for registration.

The original list of 38 exporters includes surgery, sports equipment and home textiles. The list will be extended to other sectors in the near future following a successful evaluation of shortlisted companies.

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