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WTO unveils first multilateral deal in 18 years

The World Trade Organization (WTO) signed the first major multilateral pact in 18 years negotiated by the 159 member nations of WTO in Bali, Indonesia. The deal would simplify the procedures for doing business across borders and safeguard food security

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Afghanistan to expand key Salang Highway

Afghan Public Works Ministry has launched a fundamental development plan for the Salang Highway, Afghanistan’s main link between northern and southern Afghanistan crossing the Hindukush mountain range. The announcement was made at the National Conference on Development of Salang Highway

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Pakistan's cement exports to Afghanistan plunge

According to All Pakistan Cement Manufacturing Association (APCMA), exports of cement from Pakistan to Afghanistan have fallen year-on-year during the first quarter of Pakistan’s fiscal year. Cement exports to Afghanistan currently comprise 50% of Pakistan’s cement exports. For the first

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Pakistan’s cement exports to Afghanistan plunge

According to All Pakistan Cement Manufacturing Association (APCMA), exports of cement from Pakistan to Afghanistan have fallen year-on-year during the first quarter of Pakistan’s fiscal year. Cement exports to Afghanistan currently comprise 50% of Pakistan’s cement exports. For the first

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Afghan MPs reject 2014 draft budget

A number of parliamentarian members have declined the 2014 budget proposal presented by the Afghan Ministry of Finance. Finding the budget unbalanced, lawmakers said the draft was full of deficiencies and not according to the law. Earlier this week Finance

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Afghan-Pak bilateral trade declines

Earlier this year the Pakistan-Afghanistan Joint Commission (JEC) had agreed to enhance the bilateral trade from USD 2.5 billion in 2013 to USD 5 billion by 2015. According to data compiled by Pakistan Bureau of Statistics and State Bank of

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MEC disputes accuracy of Transparency International’s report on Afghanistan’s corruption

The Afghan Independent Joint Anti-Corruption Monitoring and Evaluation Committee (MEC) has questioned the accuracy of the most recent report by the Transparency International that has ranked Afghanistan among the top three most corruption nations in the world. The MEC officials

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EU demands Afghan government to tackle corruption

The European Union (EU) has called on the government to take necessary steps towards curtaining corruption and ensuring aid money is being spent on what is intended. This comes just day after Afghanistan was ranked in the top three most

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