English | دری

Afghan-Pak relations should be based on ‘mutual economic dependence’: President Ghani

in Afghan Business

Afghan-Pak relations should be based on ‘mutual economic dependence’: President Ghani

President Ashraf Ghani ‘ two-day visit to Pakistan was aimed at rebuilding ties between the two neighboring nations and moving away from a ‘relationship of suspicion’ to a relationship based on ‘mutual economic dependence’.

Addressing a gathering of businessmen from both countries in Islamabad, President Ghani called for mutual economic dependence for the purpose of achieving prosperity.

“Alone we can strive but together we can thrive,” said Ghani.

President Ghani regarded Afghanistan as the ‘land bridge’ between Pakistan and Central Asia and sough the same facility from Pakistan for trade with India.

He promised to increase bilateral trade to USD 5bn by 2017 and said that mutual cooperation may play a significant role in lifting thousands of people out of poverty.

On his part, Pakistani Finance Minister Ishaq Dar said Pakistan is ready to remove trade impediments and has agreed to lower tariffs to facilitate trade with Afghanistan.

He added that Pakistan has agreed to lower charges for ports and storage facilities.

While relations between Pakistan and Afghanistan remained sore throughout Karzai’s regime, hopes are on the rise for a successful outcome to result from Ghani’s visit.



Related Articles

Hand-woven Carpet Sector Primed for Growth in Afghanistan

Hand-woven carpets—as the largest legal export—are a key component of the Afghan economy. There are more than one million people

Spanish government to inject 59.3bn Euros in Spanish banks

In a bid to strengthen the viability and confidence in the Spanish banking sector, Spain’s government will need to inject

Increase in Kunduz rice yield

Owing to the favorable climatic conditions in various districts of Kunduz along with sufficient water and trained growers, rice production

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.