Federal Minister for Commerce Jam Kamal Khan has warned that the ongoing conflict in the region is beginning to affect international trade routes, with rising logistics and insurance costs likely to impact global energy supply chains.
Speaking to the media outside Parliament in Islamabad on Thursday, Jam Kamal said the conflict was disrupting a key global trade corridor that passes through the Gulf region. He noted that the Gulf serves as one of the most important energy supply routes for many countries around the world.
The minister said nations that rely heavily on energy resources from the Gulf could face difficulties if tensions continue to escalate. He explained that the region had previously enjoyed smooth trade flows and shipping operations, but the current situation was starting to create logistical challenges.
Jam Kamal added that shipping insurance premiums and transport costs have already begun to rise due to security concerns. According to him, increased container risk, insurance costs, and other logistical expenses are starting to affect trade operations.
Commenting on Pakistan’s energy supply, the commerce minister said the country’s liquefied natural gas (LNG) imports from Qatar are continuing as scheduled. However, he noted that Pakistan also has alternative fuel options available if disruptions occur.
He further stated that shipping companies involved in Pakistan’s import and export operations must ensure continuity of trade despite the uncertainty. While some alternative arrangements could help reduce the impact, he acknowledged that certain external factors remain beyond Pakistan’s control.
Jam Kamal reiterated that the government is closely monitoring developments and assessing their potential impact on regional trade routes, logistics networks, and energy supply chains.
