English | دری

4th Afghan-Pak Economic Committee meeting held in Kabul

in Afghan Business

4th Afghan-Pak Economic Committee meeting held in Kabul

Afghanistan-PakistanKabul 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 nations and work together to provide better trade facilities for each other.

According to officials of the Afghan Commerce and Industries Ministry, 50% of the cooperation pact has been successfully implemented during the course of the years.

This comes as Afghan traders complain that Pakistan has repeatedly breached the agreement and has caused millions of dollars of losses to Afghan businessmen.

Transit issues have remained a concern for the land-locked country of Afghanistan. Economic ties are hit hard when political tensions arise with neighboring countries.

While trade through Chahbahar port has recently started, in many cases Karachi port is given preference due to its proximity to Afghanistan. However, transit issues at Karachi port have persisted.

Related Articles

Afghanistan the only country in Asia to celebrate World Circus Day

Afghan Mini Mobile Circus for Children (MMCC) was the only country to celebrate international circus day at their center in

Afghanistan’s first ever e-government system to be introduced in two years

The Afghan Ministry of Communications and Information Technology (MoCIT) is working on the implementation of the country’s first ever e-government

Rightsize military, World Bank asks Kabul

The World Bank (WB) has urged Afghanistan, which is preparing for a sustainable economy after 2014 when foreign troops are

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Your e-mail address will not be published.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.