Pakistan-Afghanistan border closure hurting kinnow exports
As a result, the kinnow export target might not be achieved this year. The All Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA) has fixed the export target at 350,000 tons for the 2016-17 season.
He said rising tensions between the two countries and the drawdown of US-led coalition forces had already caused a huge drop in exports to Afghanistan from $2.5 billion to $1.3 billion. The exports are expected to go down further with the growing uncertainty caused by this new low in relations between the two countries.
“Cumulative losses to the economy by this action are incalculable and it will be extremely difficult to retrieve the situation,” he remarked. The FPCCI official further said in the wake of recent terrorist activities in Lahore and Sehwan, “we stand with the government’s decisions. However, we also expect some amicable solution to the problems so that the two countries can resume trade.”
source: tribune.com.pk
