Traders decide to shut markets,KARACHI: Markets in old city areas were shut in protest against increasing incidents of extortion from various mafias a

KARACHI: Markets in old city areas were shut in protest against increasing incidents of extortion from various mafias active in the city, Geo News reported.

The Traders' Action Committee has warned if extortion is not stopped than markets and Eid bazaars will be closed down. In a statement the chairman of the committee said that markets and Eid bazaars were operating without any security and traders were living in fear.

President Karachi Chamber of Commerce Industry (KCCI) Saeed Shafique told Geo news that due to volatile city situation a decision has been taken to close the markets. The KCCI has also convened a meeting to discuss the situation.