PABC warns of sales impact due to Pak-Afghan border closures

Regional trade disruptions threaten business operations in Afghanistan and Central Asia

KARACHI — Pakistan Aluminium Beverage Cans Limited (PABC) has warned that the ongoing closure of Pak-Afghan border crossings could negatively affect its sales, particularly in Afghanistan and Central Asia, according to a notice filed with the Pakistan Stock Exchange (PSX) on Wednesday.

The company acknowledged the disruptions to regional trade routes, stating that the closure of border crossings for commercial activities, due to tensions and hostilities, may impact its business operations in these regions.

PABC emphasized its established trade relationships with partners in Afghanistan and Central Asia, which are integral to its diverse sales activities. The company expressed concern that if the closure persists, it may lead to challenges in sales performance in these markets.

The closure follows recent frictions between Pakistan and Afghanistan, triggered by Islamabad’s demands for the Afghan Taliban to address militants operating from Afghan territory. Several crossings have been closed, halting trade and stranding vehicles carrying goods.

On Wednesday, the Inter-Services Public Relations (ISPR) reported that Pakistani security forces thwarted attacks by the Afghan Taliban in Balochistan’s Spin Boldak area. The military media wing also stated that the Afghan Taliban destroyed the Pak-Afghan Friendship Gate, further escalating tensions.

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