Connect with us

Hi, what are you looking for?

National

Pak-Afghan trade shows robust growth after change of govt in Afghanistan

ISLAMABAD: Bilateral trade between Pakistan and Afghanistan has suddenly increased after Taliban took control of Afghanistan a few days ago. The customs officials have reported a significant increase in the number of cargo vehicles and pedestrian traffic across the border between the two countries.

Pak­istan customs’ data, which administers and governs border customs stations, show that bilateral trade with Afgh­anistan fell to a historic low on August 15 when only 475 trucks carrying goods — exports, imports and transit goods — crossed border at Torkham, Chaman, Khar­lachi and Ghulam Khan.

On August 15, the Taliban took over Kabul and declared its rule over Afghanistan. Taliban spokesperson Zabihullah Mujahid at it’s first press conference on Tuesday said that the Taliban will continue trading with neighboring countries.

The movement of trucks across the border reached 1,123 on Wednesday (August 17) while the customs officials expect further incr­ease in trade after Muharram holidays, according to a report published by Dawn.

Officials said the trend over the past couple of days showed that the number of cargo/trucks crossing the border would increase further next week. It is reported that several pending issues regarding facilitation of trade are expected to be given priority by the Taliban-led government in Afghanistan.

“We have held several meetings with Afghan authorities since November last year for resolving these issues,” the customs official said, adding that these issues remained unresolved despite several remainders.

One of the reasons for slowdown in cargo movement, according to drivers of trucks, was that Afghan police and transport ministry officials posted on the Afghan side demanded from drivers between 10,000 and 25,000 Afghanis to let their trucks return to Pakistan.

Last week, during a meeting of the border liaison committee the trade officer of Afghanistan consulate was informed that more than 2,000 empty vehicles/containers had been stuck on the Afghan side.

According to customs data, the number of returning empty vehicles was 13 at Torkham customs stations and 68 at Chaman, while no vehicle returned to Pakistan at Kharlachi and Ghulam Khan on August 15. On August 17, 86 empty vehicles returned at Torkham and 16 at Chaman, while no vehicle returned at Kharlachi and Ghulam Khan stations.

Written By

Economy

ISLAMABAD: Pakistan’s renowned economist and former finance minister Dr Hafeez Pasha today said that the value of Pakistani currency can fall to Rs 295...

Politics

ISLAMABAD: Mufti Saeed said that he solemnised twice Nikkah of Imran Khan with Bushra Bibi. Mufti Saeed, who is a member of PTI’s core committee,...

Entertainment

Bollywood super star Priyanka Chopra has appreciated Saim Sadiq’s movie Joyland. The movie has been shortlisted for Oscar Award. Priyanka, who often irks many with...

Latest Updates

KARACHI: The poll watchdog on Wednesday issued a brief statement amid mounting pressure from the contending parties allegations regarding irregularities surrounding the Jan 15...