According to GEO News Pakistan is losing 5 trillion rupees annually in the maritime sector due to underutilized ports, tax evasion, and corruption. Despite strategic advantages, none of Pakistan’s ports are ranked among the world’s top 60. The report highlights the potential of Gwadar Port and coastal regions for economic growth, with opportunities in tourism, resource exploration, and international investment. Global shipping giants like Maersk and DP World are exploring Pakistan’s maritime potential, aiming to capitalize on its geo-strategic location.
Pakistan’s Exports to Afghanistan, Bangladesh, and Sri Lanka Rise Despite Overall Trade Loss
Pakistan’s trade with neighboring countries has experienced a significant imbalance, with imports rising sharply, particularly from China, India, and Bangladesh. Despite this, exports to Afghanistan, Bangladesh, and Sri Lanka have…