Pakistan Eyes $10bn from Fisheries, Maritime Sector

Federal Minister for Maritime Affairs announced a new policy to generate up to $10 billion from fisheries and aquaculture, aiming to boost Pakistan's blue economy. Initiatives include improving ease of doing business, establishing a one-window operation, and developing a 100-acre off-dock terminal at Gwadar Port to facilitate trade with Central Asian Republics. This long-term economic development could strengthen Pakistan's foreign exchange position, potentially offering support to the Pakistani Rupee over time, though immediate market impact on gold or currency rates is unlikely.

بحوالہ / Source: www.brecorder.com