The Senate Standing Committee on Commerce has disclosed alarming figures, stating that Pakistan suffers a revenue loss of nearly Rs. 270 billion each year due to smuggling and counterfeit goods. The report highlights that over 2.8 billion liters of petrol and diesel are illegally smuggled from Iran annually, contributing significantly to this economic drain. The committee’s findings underscore the urgent need for stricter border controls and enforcement to combat this growing issue and protect the national economy.