Export cargoes may come to halt in Pakistan

In Pakistan, air cargo services are used for exporting high revenue fruits and vegetables. However, Pakistani air cargo agents have warned the government that all export cargoes by air could come to a halt as foreign airlines are considering stopping their services after banks stopped remitting freight charges to them for lack of dollar availability.

Lack of availability of destinations and facilities on the flag carrier PIA, these foreign airlines shift more than 85 percent of export cargo to all international destinations and contribute millions of dollars in earnings to national exchequer.

Almost all the local and international logistics companies based in Pakistan cater by air and sea to Pakistani exporters. Air Cargo Agents Association Pakistan (ACAAP) Chairman Mohsin Abbas Dharsi warned Finance Minister Ishaq Dar that further disruptions could create serious issues for the country’s international trade.

Source: brecorder.com

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