ADB Points Out Major Cross-Border Trade Issues in Pakistan

Asian Development Bank (ADB) has pointed out major impediments in Pakistan’s competitiveness in cross-border trade, i.e time taken to clear the border, transportation cost, and cost incurred at border clearance.

In its latest report titled “CAREC Corridor Performance Measurement and Monitoring Annual Report 2018″ ADB recommended reducing container dwell time in seaports. The long dwell time at ports of Gwadar, Karachi, and Qasim should be shortened to avoid losing competitiveness to nearby seaports such as Chabahar.

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