Why Pakistani shipping fails to sail

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Pakistan’s shipping industry is feeling sidelined. Which is not much of a surprise when you see that the country depends on foreign shipping lines for 95% of its $60bn in external trade. The government comes in for particular criticism in this interesting article on the country’s sea trade. As one businessman said: “When there is a transit trade hub in Dubai that allows free flow of currency, who would risk sinking in a place that lacks basic support services?”