BUSINESSJul 30 · 15:21 UTCDAWN[email protected] (Kalbe Ali)

Pakistan removed from risk assessor’s list of dangerous waters: maritime affairs minister

Pakistan and its territorial waters have been removed from the Lloyd’s Market Association’s Joint War Committee (JWC) Listed Areas, reducing war-risk insurance premiums and shipping costs. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry highlighted this as a boost for Pakistani exports and global shipping confidence, achieved through sustained negotiations with Lloyd’s officials.

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Muhammad Junaid Anwar ChaudhrypersonLloyd’s Market AssociationorganizationJoint War Committee (JWC)organizationKarachi PortplacePort QasimplaceGwadarplacewar-risk insurancetopic

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