Textile exporters have urged the government to resurrect and enhance Pakistan National Shipping Corporation (PNSC) in order to overcome the problems posed by international cargo cartelization.
According to Sohail Sheikh, Central Chairman of the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), and Ijaz Khokhar, Chief Coordinator, global logistics and air freight companies have increased courier and cargo costs by up to 70% in the last six months.
Pakistan’s exporters have voiced hope that with effective government intervention, Pakistan’s export growth could be sustained. They pointed out that international shipping lines had raised freight cost last year. The government should waive taxes on courier service, especially for the export-oriented SMEs in a bid to slash the cost of doing business, they said.