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Pakistan-Afghanistan Joint Chamber of Commerce and Industry's (PAJCCI) Director Zia-ul-Haq Sarhadi said here on Thursday that ongoing political unrest has adversely affected country's economy by hampering transportation of cargo containers. He said that hundreds of cargo containers have been stuck up in Karachi and their transportation to Afghanistan and Central Asian countries was being suspended, resulting into losses of billions of rupees to the national exchequer.
Zia Sarhadi said that Khyber Pakhtunkhwa which was already affected owing to the ongoing war against militancy is now facing a critical economic situation by sit-ins and protests. "Investors have shifted their business to Dubai, Malaysia and Bangladesh," he said, adding that the scenario was further aggravated by suspension of cargo transportation. He said that hundreds of cargo containers of Afghan Transit Trade (ATT) have been stuck up at Karachi Port and not a single transporter and bonded carrier was ready for their transportation.
Moreover, scores of containers were in the custody of administration for the last 20 days and were being used to block roads, he maintained. He said that the KPK which was major exporter of furniture, handicrafts, honey, carpets, marble products and herbs is now facing crisis due to the lack of transportation facilities. He demanded of the authorities concerned to ensure safe and secure transportation of goods for boosting economic activities and facilitating traders. Ha also urged political parties to refrain from all such activities which are affecting economic and trade activities.

Copyright Business Recorder, 2014

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