Government Withdraws 5% Tariff Hike at Karachi Port to Support Trade Activity

Government Withdraws 5% Tariff Hike at Karachi Port to Support Trade Activity

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The government has suspended a proposed 5% increase in tariffs at the Karachi Port Trust for fiscal year 2026–27, a move expected to provide over Rs. 500 million in relief to importers and exporters.

According to Maritime Affairs Minister Junaid Anwar, the decision was taken to support trade activity and broader economic stability. He said it aligns with the government’s “Blue Economy” vision aimed at strengthening maritime industries and improving the business environment in Pakistan.

The minister added that freezing port tariffs would help reduce operational costs for traders and industrial users, stabilize port-related charges, and encourage smoother commercial activity. He emphasized that the government remains focused on practical steps to boost exports, expand trade, and support economic growth.

The tariff adjustment primarily affects the Karachi Port, which handles the majority of the country’s seaborne trade and serves as a key hub for imports of raw materials and export shipments.

The suspension is expected to ease cost pressures on businesses already dealing with elevated logistics and financing expenses.

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Syed Sadat Hussain Shah

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