Skip links

The federal government has suspended a proposed 5 percent increase in Karachi Port tariffs for the fiscal year 2026-27, offering relief worth over Rs500 million to importers and exporters.

According to Maritime Affairs Minister Junaid Anwar, the decision was taken to support trade activity and maintain momentum in the country’s economic growth. He said the move aligns with the government’s broader “Blue Economy” strategy aimed at strengthening Pakistan’s maritime sector and improving ease of doing business.

The minister stated that freezing Karachi Port Trust charges will help reduce operational costs for traders and industrial users, stabilize port-related expenses, and create a more predictable business environment.

He added that the government remains focused on introducing practical measures to promote exports, expand trade volumes, and support overall economic stability.

Karachi Port, which handles the majority of Pakistan’s seaborne trade, is a key cost center for importers and exporters, particularly those dependent on bulk raw material shipments. Any change in port tariffs directly affects logistics and supply chain expenses.

Officials said the tariff freeze is expected to ease pressure on businesses already facing higher freight, financing, and operational costs, providing short-term relief to the trading sector.

Leave a comment

RBN Community

Join our whatsapp channels below to get the latest news and updates.

rBusiness rMarkets