I believe there is no harm in using local engine oil. This is not an abuse to use local oil. We all must come out of imported, expensive, fancy engine oils mentality.
As long as an oil meets / exceeds specific requirements (like set by API, ILSAC, etc.), they have certifications, and seals / service donuts on them, etc., then even if its a local company, or a foreign company, having blending facilities here in our country; Pakistan, there is no harm in using such oils.