Editor in Chief: Moh. Reza Huwaida Sunday, August 9th, 2020

Dawood Vows to Address Concerns over Transit Trade

Dawood Vows to Address  Concerns over Transit Trade

PESHAWAR - Concerns about the Pakistan-Afghanistan transit and bilateral trade will be resolved on a priority basis, a prime ministerial aide says.
Adviser to Prime Minister on Commerce and Trade Abdul Razak Dawood held out the assurance in a meeting with a delegation of the business community in Lahore on Friday.
The delegation was led by Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar.
The advisor directed Commerce Secretary Saleha Farooqi and the commerce director-general to get an update on the Pak-Afghan bilateral and transit trade on a daily basis and keep him informed.
The FPCCI president deplored that Pakistan’s exports to Afghanistan, which stood at $2.7 billion in 2011, fell to $1.1 billion by 2019.
He recalled that 1,500 containers were cleared under bilateral trade before the Covid-19 outbreak but the number had dropped to 250 containers only.
Due to delays in clearance of consignments, perishable goods were destroyed at the border, causing a huge financial loss to the business community, he added. (Pajhwok)