By  on December 12, 2012

LAHORE, Pakistan — The transport of goods and containers is at a standstill in Pakistan as the countrywide strike called by the transporters associations stretched to its 11th day on Wednesday.

So far, the business community estimates losses of $700 million due to the action and mills have missed their second weekly vessels. Thousands of trucks carrying export cargo are stuck on highways across the country. Imported raw material delays are also affecting mills’ production. Similarly, cotton from farmers in rural areas is not reaching ginning mills.

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