Minister for Maritime Affairs Junaid Anwar has announced a key decision for the business community. The proposed 5 percent tariff increase at Karachi Port has been suspended for the financial year 2026–27.
Officials said the move aims to reduce pressure on importers and exporters. It is expected to provide relief worth more than Rs500 million to the trade sector.
The minister confirmed that the tariff hike has been suspended as part of broader efforts to support economic activity. He said the decision aligns with the government’s Blue Economy vision.
According to Junaid Anwar, the policy is designed to strengthen trade and improve port efficiency. It also aims to create a more business-friendly environment in the country.
He explained that the suspended tariff increase will help reduce operational costs for traders and industrialists. This is expected to improve competitiveness in both import and export markets.
The government believes stable port charges are important for long-term economic growth. Officials say predictable costs help businesses plan more effectively.
Junaid Anwar stated that the decision reflects the government’s commitment to facilitating the business community. He added that supporting trade remains a key priority.
The minister further said that Karachi Port Trust (KPT) charges will remain unchanged during this period. This stability is expected to boost confidence among investors and traders.
Business leaders have welcomed the move, saying it will help reduce financial pressure. Many believe the suspended tariff hike will improve trade flows.
The government also emphasized that this is part of a wider strategy to promote exports. Authorities are working on additional measures to strengthen maritime infrastructure.
Officials said economic growth depends on reducing unnecessary costs for businesses. They added that further incentives may be announced in upcoming policies.
The decision comes at a time when Pakistan is focusing on improving trade competitiveness. Stable port operations are seen as critical for economic recovery.
By suspending the tariff increase, the government aims to support industrial growth and boost export potential.
The ministry reiterated that all efforts are being made to ensure smooth trade operations at major ports across the country.
In other news read more about: Pakistan Plans Major Tariff Cuts at Gwadar Port to Boost Trade
