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PESHAWAR: Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) has welcomed agreements reached during recently held two days parleys between delegations from Pakistan and Afghanistan on bilateral and transit trade.

In a press statement issued here on Thursday, Coordinator PAJCCI Khyber Pakhtunkhwa, Zia-ul-Haq Sarhadi said the decision of delinking trade from politics while keeping in view public interest as top priority is welcoming.

He said all the decisions taken during the meetings are praise worthy and will help in promotion of Pak-Afghan trade by removing the prevailing hurdles.

Sharing settlements reached between delegations of Pakistan and Afghanistan, Zia said these include agreement on developing trade and passage relations without any hurdle.

It was also agreed to give the final shape to the Afghanistan-Pakistan Transit Trade Agreement within a period of two months.

According to agreement, Pakistan will enable cross-stuffing at Karachi ports while Afghan truck drivers would be exempted from visa requirements for a year beginning in May and to allow vehicles to move against temporary admission documents.

“The decision will end the uncertainty in bilateral and transit trade with Afghanistan and Central Asian Republics (CARs),” Zia hoped.

It is also decided that within two months period Multi Model Air Transit would be started through airports in both the countries.

Pakistan will use insurance guarantees rather than bank guarantees for transit trade as both sides agreed to boost trading through financial systems rather than barter trade.

It was also agreed at the meeting that Pakistan would import coal from Afghanistan at international rates, Zia claims.

Copyright Business Recorder, 2024

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