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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.



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