AIRLINK 72.78 Increased By ▲ 3.58 (5.17%)
BOP 5.06 Increased By ▲ 0.16 (3.27%)
CNERGY 4.32 Increased By ▲ 0.06 (1.41%)
DFML 31.80 Increased By ▲ 0.55 (1.76%)
DGKC 80.75 Increased By ▲ 3.50 (4.53%)
FCCL 21.35 Increased By ▲ 1.35 (6.75%)
FFBL 35.28 Increased By ▲ 0.28 (0.8%)
FFL 9.30 Increased By ▲ 0.18 (1.97%)
GGL 9.80 No Change ▼ 0.00 (0%)
HBL 112.14 Decreased By ▼ -0.62 (-0.55%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.07 Increased By ▲ 0.12 (1.73%)
KEL 4.33 Increased By ▲ 0.10 (2.36%)
KOSM 4.43 Increased By ▲ 0.18 (4.24%)
MLCF 37.60 Increased By ▲ 1.00 (2.73%)
OGDC 137.80 Increased By ▲ 4.93 (3.71%)
PAEL 23.45 Increased By ▲ 0.81 (3.58%)
PIAA 24.62 Increased By ▲ 0.42 (1.74%)
PIBTL 6.60 Increased By ▲ 0.14 (2.17%)
PPL 124.64 Increased By ▲ 8.34 (7.17%)
PRL 26.95 Increased By ▲ 1.05 (4.05%)
PTC 13.38 Increased By ▲ 0.30 (2.29%)
SEARL 52.50 Increased By ▲ 0.50 (0.96%)
SNGP 70.62 Increased By ▲ 3.02 (4.47%)
SSGC 10.50 Decreased By ▼ -0.04 (-0.38%)
TELE 8.35 Increased By ▲ 0.07 (0.85%)
TPLP 10.96 Increased By ▲ 0.16 (1.48%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.15 Increased By ▲ 0.02 (0.08%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,542 Increased By 132.8 (1.79%)
BR30 24,801 Increased By 764.1 (3.18%)
KSE100 71,943 Increased By 1275.9 (1.81%)
KSE30 23,606 Increased By 382.5 (1.65%)
Pakistan

Islamabad, Kabul urged to review policies for bolstering Pak-Afghan trade

  • This demand was made during a joint meeting of Pak-Afghan traders held under chairmanship of the Sarhad Chamber of Commerce and Industry (SCCI) president Sherbaz Bilour.
Published January 5, 2021

PESHAWAR: Traders and exporters of Pakistan and Afghanistan have urged Islamabad and Kabul to review policies to further improve mutual trade and economic relations between the two neighboring countries.

Identified bottlenecks that were hampering bilateral and transit trade, including complicated regulations and procedures, strict policies and cumbersome goods’ clearing processes,

This demand was made during a joint meeting of Pak-Afghan traders held under chairmanship of the Sarhad Chamber of Commerce and Industry (SCCI) president Sherbaz Bilour here at the chamber house on Tuesday.

Besides SCCI senior vice president Engr Manzoor Elahi, former president Faiz Muhammad, ex-SVP Shahid Hussain, former vice presidents Malik Niaz Muhammad Awan, Abidullah Yousafzai, Abdul Jalil Jan, executive committee members Mujeebur Rehman, Zahoor Khan, Muhammad Aurangzeb, Ihsanullah, Aftab Iqbal, Afghan Consul General in Peshawar, Najeebullah Ahmadzai, PAJCCI Afghanistan chapter president Khan Jan Alkozai, Afghan trade attaché Fawad Arash, a large number of Pak-Afghan traders, exporters and importers were present in the meeting.

The participants demanded the introduction of a visa free entry regime for the business community, making proper consultation with relevant stakeholders before implementation of the new Afghan Transit Trade Agreement. The participants furthermore proposed the launch of a joint bonded carriers system between Pakistan and Afghanistan to address the issues of transport.

Sherbaz Bilour while speaking on the occasion informed that the customs authorities had recently issued a notification regarding reduction in values of more than 51 Afghan origin imported items, due to which, saying that a noticeable increase in mutual Pak-Afghan trade and transit trade was witnessed. He added the SCCI was making efforts to decrease customs values on the rest of the Afghan imported items.

Emphasizing that Islamabad and Kabul review their policies for redressal of business community reservations and difficulties on both sides of the border, SCCI chief called that the business community and relevant stakeholders should be consulted before finalization and implementation of new ATTA – Afghan transit trade agreement.

He also proposed the introduction of a joint bonded carriers system to ease difficulties of Pak-Afghan transporters.

Similarly, he suggested visa-free entry for the business community, strengthening linkages and effective collaboration and coordination between relevant departments/authorities of Pakistan and Afghanistan.

Najeebullah Ahmadzai, Afghan Consul General in Peshawar told the participants Afghanistan was fully committed to further improve bilateral trade and economic relations with Pakistan, claiming that they had raised Pak-Afghan traders and exporters with concerned authorities in an effective manner and resolved them on priority basis.

Afghan diplomat said it is a matter of great satisfaction that Islamabad and Kabul want to further improve the mutual economic and trade ties, which according to him, the gesture from both sides would be beneficial for bringing economic prosperity, development and everlasting peace in the whole region.

Khan Jan Alokzai, president PAJCCI Afghanistan chapter asked the Pakistan and Afghanistan government to make joint efforts for facilitating the business community of their countries.

Other speakers including Faiz Muhammad Faizi, Abdul Jalil Jan, Mujeebur Rehman, Zahoor Khan, Muhammad Aurangzeb, Aftab Iqbal on the occasion pointed out impediments in way of Pak-Afghan trade and suggested number of proposals to remove them.

Comments

Comments are closed.