Dalsey, Hillblom and Lynn (DHL), a global logistics company on Monday announced the suspension of some of its operations partially in Pakistan due to the government’s restrictions on outbound remittances, Pakistan-based Dawn newspaper reported.
According to Dawn, DHL Pakistan has informed its customers that it is suspending ‘Import Express Product’ and restricting outbound shipments to a maximum weight of 70 kg per shipment for all customers billed in Pakistan from March 15. As per the company, the last pick-up date would be March 14 and shipments picked up on or before this date would still be delivered.
The Pakistan Muslim League (N) (PMLN) led coalition government and the State Bank of Pakistan, amid the fast dwindling foreign exchange, imposed restrictions on outward remittances for foreign companies operating in Pakistan.