Pakistan struggling to pay for imports

The Pakistan Ship’s Agents Association (PSAA) has warned that all export cargoes could come to a halt as foreign exchange crisis leaves Pakistan struggling to pay for imports. Pakistan’s national reserves of Dollars have fallen due to a combination of political upheaval, natural disasters, inflation and high energy prices. Shipping lines have already warned earlier this week that export cargoes may halt.

Read the PSAA warning on Twitter here