DHL, the global leader in the logistics industry, has announced that it suspending some of its services in Pakistan as the company is facing restrictions on outward remittances.
In a Customer Notice, DHL Pakistan said that Regulatory Authorities in Pakistan have imposed restrictions on outward remittances for foreign companies operating in Pakistan.
The notice said that in the case of DHL Express, the remittances sent by DHL Pakistan cover the cost of DHL’s international aviation, hub, gateway, and last-mile delivery incurred through our global network for the shipments sent/received by its customers.
“This constraint has made it unsustainable for DHL Express to continue providing the full product offerings in Pakistan. Effective 15 March 2023, we will be suspending our “Import Express Product” and restricting outbound shipments to a maximum weight of 70 kg per shipment for all customers billed in Pakistan,” the notice reads.
The company said that the last pick-up date will be 14 March 2023 and shipments picked up on or before this date will still be delivered.
The company said that it is in contact with the authorities in Pakistan to allow pending remittances so it can resume the full suite of services in Pakistan at the earliest.
It is pertinent to mention here that recently Travel Agents Association of Pakistan (TAAP) also urged the government and the State Bank of Pakistan (SBP) to allow the remittance to international airlines.
Back in December, the International Air Transport Association (IATA) listed Pakistan among the top markets where airline funds have been blocked from repatriation.
The restrictions imposed by the government came in force as the country’s foreign exchange reserves plummeted in recent weeks. The government has not only curtailed outward remittances for foreign companies but has also imposed strict conditions on imports in a bid to save dwindling foreign reserves.
