Dispute over Sost Dry Port affecting Business
July 13, 2014 2 Comments
Why the 2 Chinese workers went to the V. Chairman’s office? And why they argued with the v. Chairman? I am surprised Gulsher is the PRO of Joint venture company, what is his educational qualification?
However, Mr. Zafar Iqbal has a notorious reputation for playing tricks with political backing of PPP and considered to be a stooge of some malignant PPP leaders based in Pakistan. Here at this time he may have a right stance.
Mehboob Rabbani stats, One thing more I want to add here, the actual difference between these two partners (SINO TRANS and SRDPT) is that, before the establishment of this JOINT VENTURE company a mutual agreement was signed by these two partners. The agreement protects both partners’ rights and conferred the powers to the Chairman and V. Chairman. 60% and 40% is partners share and definitely the rights and powers according to the shares as mentioned. That agreement is already expired and a new agreement will be signed on the light of the previous agreement. Our beloved Chinese side of the company wants a V. Chairman and directors, according to their wish. Who just says to them, yes sir, no sir, and prolong the agreement as signed in 2002. Which protects the interests and rights of the Chinese side company. Further, they are using some of the local puppets to make the situation worse and get sympathies.
Pak-China Sost Port, is a joint venture company totally a commercial project. All its interest and benefits are based on commercial rules and regulations. There is an agreement between SINO trans and SRDP. ( Over) both the stakeholder have their rights and limitations. There may be some differences or conflicts between them. So you all people here on this site, please make me understand, what is the way to solve these matters, differences and conflicts through business rules and regulations? Is that the way to enter the office of v. Chairman with a knife? Yes PRC is our friendly country, but we don’t have any right to deal with them? From SRDP, if the shareholder elected Zafar Iqbal through constitutionally, who are these chines workers not accepting him? And what is the reason they are scared to see him as V.C?