Foreign Airlines mull stopping air cargo export service from Pakistan on non availability of dollars

Foreign Airlines mull stopping air cargo export service from Pakistan on non availability of dollars

The air cargo agents have forewarned the government that all export cargoesby air could come to a halt soon.

The Air Cargo Agents Association of Pakistan (ACAAP) said in a statementyesterday that foreign airlines are considering stopping their services forPakistan after banks stopped remitting freight charges to them for lack ofdollar availability for over three months.

Apart from passenger transportation from all major international Airportsin Pakistan, air cargo services are used for Exporting high-revenue exoticSeafood, Meat, Fruits & Vegetables, Quality Textiles products, Leathergoods, Sports & Surgical products, etc.

Lack of availability of destinations and facilities on the flag carrierPIA, these foreign Airlines uplift more than 85 percent of export cargo toall international destinations and contribute millions of Dollars inearnings to National Exchequer. Almost all the local and internationallogistics companies based in Pakistan cater by air & sea to Pakistaniexporters.

Any further disruption could create serious issues for the country’sinternational trade, Air Cargo Agents Association Pakistan (ACAAP) ChairmanMohsin Abbas Dharsi warned Finance Minister Ishaq Dar through a letter.

“If the international trade is stopped the economic situation will worsen,”the association warned, adding that the foreign Airlines lines are alreadyconsidering winding up their services in Pakistan due to current economicconditions here.