Over the previous years seafood exports to China have risen at a considerably steady rate. Previously where it used to take 25 days for lobsters to go from Gwadar to Xinjiang it now takes 34 hours.
Yu-Fei currently known as the largest fishing companies in the Gwadar port of Pakistan. The company was established in 2017 and has been exporting an increasing number of seafood from Karachi. The owner claims that when he first visited Gwadar he recognized the potential that they had high quality seafood but the port wasn’t able to process them. Chen invested around 73 million US Dollars to build warehouses and established one of the largest seafood processing centers in Gwadar.
This is positive news compared to the recent deep sea fishing policy announced by the government which caused sales to dwindle and caused the main trading fisheries to scale down. Fishermen actually suffered form unemployment during the ban period which is currently now suspended by the court until an agreement can be worked around keeping in mind stakeholder interests.