by Wadsam | March 19, 2012 7:13 am
The Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) has opened in Karachi on the 13 March in a move to resolve transit issues between the countries and attract investors. This step has been agreed in the Afghanistan Pakistan Transit Agreement (APTA). In the open ceremony Mr. Khan Jan Alokozai, the deputy chairman of the Afghan Chamber of Commerce and Industries (ACCI), announced that the establishment of the joint chamber is an important step to enhance mutual trade and investment. He clearly stated that the chamber is a joint project of the Afghan and Pakistani private sector. Mr. Alokozai will act as the first Co-President of PAJCCI.
In the next three years the expenses of the joint chamber will be covered by the British Embassy in Islamabad. This will enable the organization to represent the interest of traders on both sides of the border and to provide services to companies. The opening comes just months after Pakistan lifted its several-month halt on Afghan trade containers in Karachi and Peshawar ports.
Afghan and Pakistani businessmen are confident that PAJCCI can advocate for improved trade relations between the two countries which will not only help the landlocked Afghanistan, but will also give Pakistan a strong platform to step up to Central Asia via Afghanistan.
Because of that the establishment of PAJCCI was strongly supported by the (ACCI) and three chambers of Pakistan with the support of governments of the two countries in an attempt to boost trade and commerce. The three Pakistani chambers are Karachi Chamber of Commerce and Industry (KCCI), Khyber-Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) and Chaman Chamber of Commerce and Industry (CCCI).
The Centre for International Private Enterprise (CIPE) played an important role in facilitating the establishment of the chamber through technical support.
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