
Economy
1 min read
No catch for the day: Pakistan's tuna trade caught in US-Iran crossfire
DawnAdded 5 days ago
The ongoing tensions between the US and Iran have severely impacted Pakistan's tuna trade, particularly for fishermen relying on Iranian markets. Since the escalation of conflict in February, many Pakistani tuna traders have faced significant disruptions, as US airstrikes have targeted Iranian ports critical to their operations. Fishermen like Shah Zamin Khan report that the fear of strikes has led to a complete halt in sending vessels to these ports, jeopardizing their livelihoods.
The tuna trade is vital for many in Pakistan, as it offers higher prices in Iran compared to local markets. However, the recent conflict has left fishermen with no viable options for selling their catch, threatening the sustainability of their businesses. The situation has become dire, with reports of fatalities among fishermen due to the ongoing military actions, further complicating an already precarious economic situation.
As the conflict continues, the implications for the local economy are profound, affecting not only the fishermen but also related industries such as boat building. Without access to the Iranian market, the entire tuna fishery in Pakistan is at risk of collapse, which could lead to widespread unemployment and economic instability in the region.