PSAA Chairman hails govt for transshipment rule amendments
Forecasts millions in annual economic gains
ISLAMABAD: Chairman of the Pakistan Ship’s Agents Association (PSAA) Mohammed A. Rajpar on Sunday lauded the government for considering their suggestions and amending international transshipment rules, saying sustained implementation could attract $50–100 million in annual investment and transform Pakistan’s seaports and airports into a regional hub like Dubai.
While speaking to a private TV channel, Chairman PSAA Mohammed A. Rajpar added that the Middle East war has presented Pakistan with a golden opportunity to establish itself as a permanent transshipment hub and said that global recognition of the country as a prime alternative location for transshipment marks a major achievement.
He added the association had presented several suggestions to improve international transshipment rules.
He expressed gratitude to the Minister of Maritime Affairs and other officials for considering their recommendations and implementing the amended policies.
He further hailed the government for managing trade volumes wisely and with sound judgment, saying that continued implementation of these policies would attract more investment, strengthen trade, and set new records at Pakistan’s seaports and airports.
Rajpar noted that the trade momentum started strongly earlier in the year and compared to last year, the country is witnessing significant growth in shipping and transshipment activity.
He added that if these policies continue, they could give a major boost to Pakistan’s economy, drawing millions in annual investment and creating new opportunities across related industries. He emphasized that especially after the recent disruptions caused by the war, sustaining such reforms is crucial to maintain growth, stabilize trade and ensure Pakistan becomes a key regional hub in shipping and logistics. He concluded that sustaining these policies is vital for Pakistan’s economic growth, ensuring trade stability, attracting significant investment and positioning the country’s seaports and airports as a leading regional hub in the post-war era. APP
