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Afghan, Pak bilateral trade drops by $2bn amidst political tensions

The Afghanistan-Pakistan bilateral trade has dropped from USD 2.5 billion to USD 500 million a year as political tensions between the two neighboring nations intensify. The Sarhad Chamber of Commerce and Industry (SCCI) has called on the relevant government officials

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Afghanistan, Pakistan agree on bolstering economic ties

Afghanistan and Pakistan concluded the 10th Joint Economic Commission (JEC)and agreed on bolstering economic ties to expand their access to the region’s market. Addressing a joint press briefing after the JEC huddle concluded, Pakistani Finance Minister Ishaq Dar said Joint

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Afghanistan, Pakistan to redouble efforts for greater economic integration

Pakistan’s Minister for Planning, Development and Reforms, Ahsan Iqbal, said Pakistan’s leadership was committed to taking bilateral relationship with Afghanistan to new heights. Iqbal made these remarks at a meeting with Afghanistan’s Ambassador to Pakistan, Janan Mosazai, on Tuesday. The

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Afghan-Pak trade dropped by over 40%

The trade between Pakistan and Afghanistan has dropped by over 40% in the past quarter, reported the Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI). The officials have linked this decline in trade volume between the two neighboring nations to

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Sales of Afghan products rise after boycott of Pakistani products

Afghans reacted to the recent string of attacks on Kabul city by boycotting Pakistani products. The campaign against Pakistani products started on social media where Pakistan was accused of the recent attacks on Afghan soil and posts calling for boycotting

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Afghanistan faces trade hurdles as a result of Pakistan’s actions

Pakistan is once again causing a major hurdle to Afghanistan’s trade with India. As per the Afghan-Pak Transit Trade Coordination Authority (APTCCA) agreement signed in June 2011, Pakistan would allow Afghan trucks to pass through Karachi, Gwadar and Qasem ports

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Afghans call for boycotting Pakistani products

Afghans have started war against Pakistan on social media by campaigning to boycott their products and currency. This comes after Afghan President Mohammad Ashraf Ghani slammed Pakistan for providing safe havens for insurgents. The Afghan government has time and again

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Afghanistan offers investment incentives to Pakistan

Afghanistan welcomes Pakistan to invest in Afghanistan and reap benefits that Afghanistan’s strategic location offers. Ambassador to Pakistan Janan Mosazai told Pakistani investors and businessmen at a meeting on Saturday that Afghanistan is ready to offer incentives and facilitation to

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Afghanistan, Pakistan to address trade and transit issues

Representatives from the Afghan government and Afghan private sector will be heading to Pakistan to address trade and transit issues that are impeding Afghan business activities. The trip was planned over a month ago by President Ashraf Ghani during his

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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

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Pakistan rejects Afghanistan's fears over Dasu Dam project

Afghanistan has recently urged World Bank to halt funding of the Dasu Dam Hydropower Project in Khyber-Pakhtunkhwa (KP) province, objecting that Afghanistan’s relevant departments were provided with the detail require information and details about the dam and the project lacked

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Pakistan rejects Afghanistan’s fears over Dasu Dam project

Afghanistan has recently urged World Bank to halt funding of the Dasu Dam Hydropower Project in Khyber-Pakhtunkhwa (KP) province, objecting that Afghanistan’s relevant departments were provided with the detail require information and details about the dam and the project lacked

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Pakistan reviews the implementation status of projects in Afghanistan

Islamabad ordered the relevant departments to expedite implementation of ongoing projects in Afghanistan in consideration of commitments earlier agreed between the governments of Pakistan and Afghanistan. Addressing the 8th session of the Afghan-Pak Joint Economic Commission on Thursday, Pakistan’s 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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4th Afghan-Pak Economic Committee meeting held in Kabul

Kabul hosted the fourth Afghanistan-Pakistan Economic Committee meeting to confer on bilateral trade cooperation between the two nations. Afghanistan and Pakistan signed an economic cooperation pact in 2010 whereby the two nations agreed to resolve transit issues between the two

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Pak-Afghan Joint Chamber of Commerce and Industry confer on economic cooperation

In a five-day meeting in Karachi city of Pakistan, the Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) discussed economic cooperation between the two neighboring countries and ways to solve transit issues. The Chamber is formed by private business leaders

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Residents and provincial council support Afghan-Pak joint dam construction on Kunar River

Provincial council members and residents of eastern Kunar province have expressed willingness to support the joint hydropower dam project proposed by Afghanistan and Pakistan on the Kunar River. Afghan Finance Minister Dr. Hazrat Omar Zakhilwal and his Pakistani counterpart Minister

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Pakistan's relations with Afghanistan and India important for success of Gwadar port project

Director of the Institute for Security and Arms Control Studies Lie Wei regards “guarantee of security” as an important factor for the success of the ambitious economic corridor project linking Xinjiang in northwest China and the Gwardar port on the

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Pakistan’s relations with Afghanistan and India important for success of Gwadar port project

Director of the Institute for Security and Arms Control Studies Lie Wei regards “guarantee of security” as an important factor for the success of the ambitious economic corridor project linking Xinjiang in northwest China and the Gwardar port on the

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Afghan Finance Minister believes Pakistanis are sincere in their pledges

Afghan Finance Minister Dr. Hazrat Omar Zakhilwal hopes that Pakistan will remain committed to the pledges made in the economic cooperation pact signed between Afghanistan and Pakistan on 27 August 2013. In a bid to strengthen economic ties between the

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Afghanistan pulls out of the trilateral transit pact

Ministry of Commerce and Industries said Afghanistan would not sign the trilateral transit pact among Afghanistan, Pakistan and Tajikistan until Pakistan did not comply with the former transit agreements with Afghanistan. The trilateral transit agreement among Afghanistan, Pakistan and Tajikistan

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Trade with Pakistan has reached USD 5bn

Trade with Pakistan has increased to USD 5bn compared with USD 100mn a decade ago. Despite the tensions between Pakistan and Afghanistan at the Karachi Port, Afghan Foreign Ministry’s spokesperson Janan Mosazai emphasized on improving trade relations with Pakistan. He

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Afghan traders face hurdles from Iran and Pakistan

Afghanistan Chamber of Commerce and Industries (ACCI) says that Pakistan does not act in accordance to the latest transit agreement signed between the two nations. Although Ministry of Commerce and Industries speaks of 70% of the problems resolved between Kabul

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US working on the economic side of Afghanistan’s transition period

As the US is pulling out its troops from Afghanistan, there are concerns about the country’s economy post-2014. In order to ensure a healthy economy, the US is focusing on assisting Afghanistan with building a private sector -led and trade-led

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Work on the Torkham-Jalalabad Highway Resumed

Pakistan resumed construction on the dualization of the Torkham-Jalalabad highway, which was halted for the past three years due to negligence of the Pakistani contractor. The first lane of the road was inaugurated in 2007 and after that Pakistan refused

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