English | دری

Pakistan suffers $70mn loss due to border closure

in Afghan Business

Pakistan suffers $70mn loss due to border closure

Pakistan’s economy has suffered a USD 70mn loss in the past two weeks after Islamabad decided to close its border with Afghanistan.

According to Pakistan-Afghanistan Joint Chamber of Commerce and Industry(PAJCCI), Pakistan sends three hundred vehicles of fruits and vegetables, mainly from Punjab and Sindh provinces, on a daily basis to Afghanistan and Central Asia during normal circumstances.

“If the current situation persists, Pakistan will encounter a USD 5mn loss every day,” said PAJCCI chairman Khan Jan Alokozay.

While the border closure situation has blown Pakistan’s export sector, it has motivated the Afghan businessmen to find an alternative route for their imports including central Asian regions.

Meanwhile, Afghan Ministry of Commerce and Industries said efforts were ongoing to address the problem and added that business communications should not be exploited for politics.



Related Articles

Italy pledges support to Afghanistan beyond 2014

Italian Prime Minister Enrico Letta assured Afghan leaders Sunday that Italy will continue to support Afghanistan that has been beset

Water Shortage in Nimruz Province

South-western Nimruz province is suffering from water shortage, despite the plentiful Helmand River running through the region. Residents have called

Foundation of 26 public service projects laid in Baghlan, northern Afghanistan

Baghlan’s local officials reported that the groundwork for 26 public service projects have been laid in the central district of

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Your e-mail address will not be published.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.