Lost Revenue: Fruits worth $40m smuggled to Iran
The illegal trade has also drastically reduced the legal trade of fruits with Tehran.
KARACHI:
Pakistan is losing substantial revenues on the exports of fruits and vegetables to Iran as almost $40 million worth of fruits are being smuggled into the neighboring country, according to Harvest Tradings CEO Ahmad Jawad. The illegal trade, which is being made in violation of the protocol signed by Pakistan and Iran, has also drastically reduced the legal trade of fruits with Tehran, said Jawad in a press statement on Friday. It is not only affecting the overall exports to the neighboring country but also causing huge losses for the government and exporters.
Published in The Express Tribune, September 17th, 2011.
Pakistan is losing substantial revenues on the exports of fruits and vegetables to Iran as almost $40 million worth of fruits are being smuggled into the neighboring country, according to Harvest Tradings CEO Ahmad Jawad. The illegal trade, which is being made in violation of the protocol signed by Pakistan and Iran, has also drastically reduced the legal trade of fruits with Tehran, said Jawad in a press statement on Friday. It is not only affecting the overall exports to the neighboring country but also causing huge losses for the government and exporters.
Published in The Express Tribune, September 17th, 2011.