AIRLINK 217.98 Decreased By ▼ -4.91 (-2.2%)
BOP 10.93 Increased By ▲ 0.11 (1.02%)
CNERGY 7.55 Decreased By ▼ -0.01 (-0.13%)
FCCL 34.83 Decreased By ▼ -2.24 (-6.04%)
FFL 19.32 Increased By ▲ 0.08 (0.42%)
FLYNG 25.15 Decreased By ▼ -1.89 (-6.99%)
HUBC 131.09 Decreased By ▼ -1.55 (-1.17%)
HUMNL 14.56 Decreased By ▼ -0.17 (-1.15%)
KEL 5.18 Decreased By ▼ -0.22 (-4.07%)
KOSM 7.36 Decreased By ▼ -0.12 (-1.6%)
MLCF 45.63 Decreased By ▼ -2.55 (-5.29%)
OGDC 222.08 Decreased By ▼ -1.18 (-0.53%)
PACE 8.16 Decreased By ▼ -0.02 (-0.24%)
PAEL 44.19 Increased By ▲ 0.69 (1.59%)
PIAHCLA 17.69 Decreased By ▼ -0.37 (-2.05%)
PIBTL 8.97 Decreased By ▼ -0.10 (-1.1%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 193.01 Decreased By ▼ -5.23 (-2.64%)
PRL 43.17 Increased By ▲ 0.93 (2.2%)
PTC 26.63 Decreased By ▼ -0.76 (-2.77%)
SEARL 107.08 Decreased By ▼ -3.00 (-2.73%)
SILK 1.04 Decreased By ▼ -0.02 (-1.89%)
SSGC 45.00 Decreased By ▼ -2.30 (-4.86%)
SYM 21.19 Increased By ▲ 0.42 (2.02%)
TELE 10.15 Decreased By ▼ -0.37 (-3.52%)
TPLP 14.51 Decreased By ▼ -0.44 (-2.94%)
TRG 67.28 Decreased By ▼ -1.57 (-2.28%)
WAVESAPP 11.29 Decreased By ▼ -0.63 (-5.29%)
WTL 1.70 Decreased By ▼ -0.09 (-5.03%)
YOUW 4.25 Decreased By ▼ -0.10 (-2.3%)
BR100 12,397 Increased By 33.3 (0.27%)
BR30 37,347 Decreased By -871.2 (-2.28%)
KSE100 117,587 Increased By 467.3 (0.4%)
KSE30 37,065 Increased By 128 (0.35%)

PESHAWAR: Business community in Khyber Pakhtunkhwa demanded to devise a joint mechanism to remove hurdles in the way of Pak-Afghan bilateral trade as well as with Central Asian Republics.

Need of rationalised tariffs/levies, improvement in border management system, simplifying procedures/rules and policies in order to boost up mutual trade between the two neighbouring countries as well as enhance regional trade, the traders representatives stated this during a meeting of Sarhad Chamber of Commerce and Industry Standing Committee on Afghanistan and Central Asian Republic (CARs) Trade Promotion, held under chairmanship of director Area Study Centre Peshawar University.

Engineer Manzoor Elahi, the body senior vice chairman and Ziaul Haq Sarhadi, vice chairman, members and representatives of relevant stakeholders were present in the meeting, which aimed to compile recommendations for the government regarding promotion of Pak-Afghan trade and enhancement of exports to regional countries.

Participants of the meeting emphasized that the business community on both sides of the border should be consented before finalization and signing of a new Afghan Transit Trade Agreement (ATTA).

The meeting identified the bottleneck and hiccups, hampering the mutual trade between Pakistan and Afghanistan, and proposed a number of ideas/recommendations to address them by adopting joint policy.

Manzoor Elahi while speaking on the occasion said that the SCCI is making vigorous efforts to enhance bilateral trade between Pakistan and Afghanistan and onward trade with regional countries.

In this regard, he said the chamber had already proposed various recommendations. He added the present government has taken steps in the light of SCCI’s proposals to improve Pak-Afghan mutual trade as well as exports to CARs.

Ziaul Haq Sarhadi, who is also vice president Pak-Afghan Joint Chamber emphasized that Pak-Afghan traders should be consulted before finalizing and signing new ATTA.

Copyright Business Recorder, 2021

Comments

Comments are closed.