Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Pakistan, Afghanistan cut tariffs to 27pc after signing Preferential Trade Agreement

byCT Report
24/07/2025
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: In a major move toward normalising ties, Pakistan and Afghanistan have signed a Preferential Trade Agreement (PTA) to reduce tariffs on eight agricultural products.

The agreement, signed by senior commerce officials from both countries, will reduce the customs duties on four Afghan exports to Pakistan — grapes, pomegranates, apples and tomatoes — and four Pakistani exports to Afghanistan — mangoes, kinnows, bananas and potatoes.

You might also like

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

28/04/2026

Pakistan not seeking new financing from friendly countries: Aurangzeb

28/04/2026

Tariff rates on these items, which previously exceeded 60% will now be capped at 27%.

“This agreement will be effective for a period of one year, commencing on August 1, 2025,” the Afghan embassy said on X.

“It is renewable and also allows for the inclusion of additional items in the future.” The deal was signed by Afghanistan’s Industry and Commerce Deputy Minister Mullah Ahmadullah Zahid and Pakistan’s Commerce Secretary Minister Jawad Paul.

“A significant step forward in AFG-PAK economic ties. Delighted to witness the signing of the Preferential Trade Agreement between Afghanistan & Pakistan, reducing tariffs on key exports and opening doors for greater bilateral trade. A win for our farmers, traders, and shared prosperity,” Kabul’s Charge d’Affairs in Islamabad Sardar A Shakeeb said in a post on X.

The development comes months after Islamabad upgraded its diplomatic ties with Kabul to ambassadorial status back in May — a move replicated by the neighbouring country.

The two nations share a porous border spanning around 2,500 kilometres with several crossing points, which hold significance as a key element of regional trade and relations between the people across both sides of the fence.

The issue of terrorism remains a key issue for Pakistan, which has urged Afghanistan to prevent its soil from being used by groups such as the TTP to carry out attacks inside the former’s territory.

Related Stories

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

byCT Report
28/04/2026

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), has warmly welcomed the federal government’s recent decision to facilitate the transit...

Pakistan not seeking new financing from friendly countries: Aurangzeb

byCT Report
28/04/2026

SLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb has said that Pakistan has no intention to seek new...

Pakistani seafarers set sail on Norwegian-flagged ships under fresh MoU: Junaid Anwar Chaudhry

byCT Report
28/04/2026

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry welcomed the signing of a memorandum of understanding (MoU) with...

PRA chairman reviews service sector’s revenue targets

byCT Report
28/04/2026

LAHORE: Punjab Revenue Authority Chairman Moazzam Iqbal Sipra chaired a meeting to review progress on revenue targets from the services...

Next Post

SBP awards banks for promoting financial literacy among farmers

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.