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Kabul-Peshawar Motorway to boost Pak-Afghan trade volume

byCT Report
25/04/2017
in Business, Chambers & Associations
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ISLAMABAD: President Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) Zubair Motiwala has said that Peshawar-Kabul Motorway project will improve the bilateral trade volume between the two countries.

He said that it can double the existing bilateral trade volume up to 5 billion dollar and then take it to 10 billion dollar per year because future is regional trade.

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To a question, Zubair said that Kabul-Peshawar Motorway does not connect to China Pakistan Economic Corridor (CPEC) because CPEC is a separate framework.

He said that Peshawar caters the entire flour related needs of Afghanistan and construction of Motorway will reduce the time of shipment from Peshawar to Kabul.

He informed that “I am going to send a complimentary letter to World Bank over this decision as it is a good for both Pakistan and Afghanistan”.

He said Pakistan has 31 active border points with Afghanistan and we hope the CPEC will further accelerate the existing bilateral trade potential. He demanded  separation of trade and commerce among the neighbouring countries from politics.

Motorway between Peshawar and Kabul will spark the future course of trade transport and trade shipments between both the countries, he added.

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