KARACHI (NNI)

Pakistan cement exports to Afghanistan have plummeted by 10 per cent annually, owing to availability of cheaper Iranian cement there. The Pakistan cement manufacturers claim that the energy crisis and increasing prices of petroleum products have made its product uncompetitive in Afghanistan. Afghanistan has been the steadiest market for the Pakistani cement industry, according to an ARI report Thursday. The U.S. sanctions on Iran had been an impediment for Iranian exports to penetrate in Afghanistan.