Pakistan’s rush to import items to tame Asia’s fastest inflation is clogging the nation’s busiest ports and is hiding something else in plain sight — exporters’ pain.
Snaking traffic jams of trucks on the British-era Napier Mole road, which connects the commercial capital of Karachi to the nation’s biggest port, have come to define the struggle of traders in shipping non-food goods. The reason: Vessels bringing in food grains and sugar have left little room for any other carriers to berth.
An inability to load goods on to ships is part of the reason why Pakistan’s cement exports declined 18% to 633,431 ...
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