AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

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.