KABUL: Pakistan’s government had proposed establishment of a joint Afghan-Pak customs office for better management of Afghan trade through Pakistani ports.
The Afghanistan Chamber of Commerce and Industries (ACCI)rejected the proposal, slamming it as a move to pursue “political goals”.
“We do not have joint customs in the U.S., Mexico and European countries. There is no need to have one with Pakistan. We already have a technical committee operating in Chaman, Torkham and Karachi ports. There is no economic objective behind this suggestion ,” said ACCI Deputy Khan Jan Alokozai.
Afghan traders are constantly facing hurdles in their trade through Pakistan’s soil from the Pakistani officials by unfair taxes and bureaucratic delays. Despite the presence of trade agreements between the two nations, major problems persist that discourage Afghan traders from using Pakistan’s ports.
Afghanistan is turning to Iranian ports like Chabahar as an alternative to Pakistan’s routes to export their goods.
Pakistan to get $3b loan from Islamic Trade Financing Corporation
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
