UK trade with Pakistan will improve after the implementation of the deal and it has been expressed by the representative
It is quite possible a same decision could be good from one perspective and the other side of the outcome proves the decision adverse. Quite a similar situation is of the Brexit and its implementation deal between the UK and EU.
At one hand the UK government eyeing at liberty to get into agreements with rest of the world regarding trade and economy but at the same time the leverage of the whole EU market is the cost of all this. Cargo to Pakistan from UK and trade will improve after the implementation of the deal and it has been expressed by the representative of the incumbent government which recently survived no-confidence vote in the parliament.
The big question is what plans the authorities have devised to take advantage of the liberty to get into trade agreements with rest of the world and how realistic they are.
The dominant impression right now is weaker economy and bleak future of trade but it can be reversed if UK could sustain its position as trade hub of the world and ensure remunerative deals with the emerging economies around the world.
Though it is very much possible
The last year shortage of space for cargo has not been witnessed in the last month and it is also observed that the volume of cargo has also lessened as compared to the same month of the last year. It is about the airports in UK and at other airports like China, Brazil and Turkey the volume is very much same as last year.
So it indicates worrisome situation for the Air cargo industry as well as for the exporters but unless a thorough analysis is made of the whole season the final verdict is not possible. Though it is very much possible that the topsy-turvy situation has led to this noticed decrease of activity at air cargo terminals but less volume is worrisome for sure.
Demand of air cargo space last year
The surge in demand of air cargo space last year was due to more and more online orders for a variety of things and these time-critical consignments are for the two back to back celebrations.
It could be another possible scenario that the goods’ traffic has been managed well and the products got reached at destinations before November. For this the stats of export of October are quite helpful when put in comparison to the stats of the same month last year.
New industry would make the sector more diversified
As the needs of Pakistan is going to increase in coming years due to advancements in industrial sector and infrastructure development so the imports from UK will increase definitely. New industry would make the sector more diversified and to meet their requirements an array of commodities would cargo to Pakistan from UK.
In this way the companies particularly covering this region are going to be busier than before. The governments are also trying to minimize the documentation with providing other facilities to speed up the process of exports to Pakistan.
