PAKISTAN: Exporters Seek Removal Of War Charges
Trade associations have called on the government to extend sovereign guarantees to shipping lines so that war risk charges on cargoes to and from Pakistan can be removed. At a joint news conference, the All Pakistan Textile Mills Association chairman Anjum Salim, and Pakistan Hosiery Manufacturers and Exporters Association chairman Shahzad Azam Khan said that exporters were paying Rs200 million (US$3.25 million) a month in war risk surcharges and that this was eroding their earnings.
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