Pakistan, Feb. 24 -- The Pakistan Industrial and Traders Associations Front (PIAF) on Sunday hailed the Prime Minister's action against smuggling, saying presently under-invoicing has become the real threat to Pakistan's economy.

PIAF Chairman Faheemur Rehman Saigol, in a joint statement along with senior vice chairman Nasrullah Mughal and vice chairman Tahir Manzoor Chaudhary said that the legal commercial import has been facing a serious threat of smuggling, forcing the documented sector of the country towards under-invoicing. So, there is a strong need to improvise laws of Afghan Transit Trade and FTA, especially with China for high economic growth.

The Prime Minister Shehbaz Sharif has taken notice of the presence of a smuggling net...