40% contraction of Pakistan's industrial activities during Raisi's Karachi visit due to heightened security measures.
Pakistan's industrial activities contracted by 40% during Iranian President Sayyed Ebrahim Raisi's visit to Karachi, due to heightened security measures. Export-oriented industries resumed operations, but faced challenges such as labor shortages and disrupted cargo movement due to road blockades. Key arteries like MA Jinnah Road and Shahra-e-Faisal were closed, causing extensive traffic congestion and financial losses for traders.
April 24, 2024
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