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What are the major challenges hindering Pakistan’s foreign trade? |.
Question
- A. Lack of skilled labor
- B. High energy costs
- C. political instability and regional conflicts
- D. All of the above
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correct Answer ( D )
The pakistani foreign trade faces numerous challenges . These include a lack of diversification in the export markets, over-reliance on a few key export commodities (like textiles) and high trade barriers imposed by other countries . Additionally, infrastructural limitations, including inadequate ports and transportation networks, also increase costs and hinder competitiveness . Bureaucratic inefficiencies, complex customs procedures and a lack of access to finance further complicate the trade landscape, affecting pakistan’s ability to effectively participate in the global market