English | دری

Afghanistan, Pakistan poised to enhance bilateral trade to USD 5bn

in Afghan Business

Afghanistan, Pakistan poised to enhance bilateral trade to USD 5bn

Afghanistan and Pakistan have agreed to further expand trade between the two nations and enhance bilateral trade from USD 2.4bn to USD 5bn.

The agreement was made at a meeting between Pakistan’s Ambassador to Afghanistan Syed Abrar Hussain and a delegation of Pak-Afghan Joint Chambers of Commerce and Industries and senior government officials led by Afghan Deputy Commerce Minister Mozamil Shinwari.

Ambassador Hussain assured the delegation to facilitate the Afghan traders by resolving issues at customs clearance.

“In order to improve regional connectivity and trade with the neighboring countries, Pakistan would like to construct a motorway and railway lines from Peshawar to Jalalabad and Chaman to Spin Boldak, which would play an instrumental role in the economic development of the region,” the ambassador told the delegation.

The parties also conferred on extending Afghanistan-Pakistan Transit Trade Agreement o Tajikistan.

The meeting also discussed the forthcoming 5th meeting of Afghanistan-Pakistan Transit Trade Coordination Authority to be held in Islamabad and hoped that it would help address traders problems as well as enhance the bilateral trade.

Related Articles

Indian company commissions substations in Afghanistan

The Bharat Heavy Electricals Limited (Bhel), an Indian state-owned company, has commissioned two substations in Charikaar, around 60kms from Kabul

Construction of the Marriott Hotel in Kabul stopped

The plan for the construction of the Marriott Hotel in Kabul has been cancelled due to rising concerns about the

Afghanistan’s Zahir Tanin appointed as UN’s special envoy in Kosovo

UN Secretary General Bank Ki-moon announced on Wednesday the appointment of Afghanistan’s Zahir Tanin is appointed as the Special Representative

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Your e-mail address will not be published.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*