KARACHI: Federal Minister for Maritime Affairs, Ali Zaidi on Thursday vowed to slash existing cargo fare of $4.2 billion being paid by Pakistan to foreign ships.
Addressing the passing out parade of Pakistan Marine Academy cadets in Karachi, Ali Zaidi said that the government last year paid $4.2 billion to foreign cargo ships and the present government is working to cut down this amount.
“We, the people of Pakistan are responsible for the present state of affairs of the country but now, we will bring it to its right place,” he said.
The minister while advising the cadets asked them to add the spirit in their efforts if they want to achieve something in the world.
Zaidi said that 20 years ago when he met Imran Khan he found that spirit in him. He did not compromise on his vision through the years. “Those who concede defeat lose their battles, those who do not, will not be defeated,” the minister said.
The countries that have 1080 kilometres long coastline do not borrow, they lend money to others, the minister further added.
The maritime minister said that now every big company in the world is coming to Pakistan for investment.