Trade unions across Pakistan declared a complete shutdown on August 28, in protest against the escalating electricity bills, heavy taxes, and controversial contracts with Independent Power Producers (IPPs).
The announcement has garnered widespread support from various trade organizations, with many vowing to continue their resistance until their demands are met.
Kashif Chaudhary, President of the Central Organisation of Trade Unions of Pakistan, expressed the frustration of traders and industrialists, stating, "We can no longer bear the burden of these exorbitant electricity bills and oppressive taxes. Our livelihoods are at stake, and we will persist in our movement until these issues are addressed."
In Karachi, the country's commercial hub, the strike has gained unanimous support from all major industrial areas. Representative bodies from Kati, Lati, Nikati, Fabati, Site, and the Karachi Chamber of Commerce have all rallied behind the call for a shutdown.
The Karachi Chamber of Commerce, in particular, has been vocal in its endorsement of the strike, aligning with the concerns raised by traders across the city.
President of the Federal B Area Association of Trade and Industries (FBATI) Syed Raza Hussain stressed the gravity of the situation, stating, "The rising electricity costs have become a nationwide issue. We are united in our stance that these excessive tariffs are unsustainable for businesses."
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has also thrown its weight behind the strike. Atif Ikram Sheikh, President of FPCCI, declared, "We stand with the traders in their struggle. The government must take immediate action to address these grievances."
