PESHAWAR: Pak-Afghan Joint Chamber of Commerce and Industry Director Ziaul Haq Sarhadi on Sunday urged Prime Minister Imran Khan to review the conditions of Pak-Afghan transit trade agreement of 2010 to help enhance the trade volume and end India’s monopoly in the region.

Mr Sarhadi, who is also chairman of the standing committee for railways and dry port of Sarhad Chamber of Commerce and Industry, said trade volume between Pakistan and Afghanistan was $2.4 billion which had been reduced to $1.2 billion during the past three years, according to a statement issued here on Sunday.

He recalled that both the countries in a meeting in 2014 had committed to increasing the trade volume to $5 billion till 2019 but the dream was not materialised. For enhancing trade activities, he asked for early opening of the Azakhel dry port in Nowshera which will help restore activities of 370 customs clearing agents and enable at least 10,000 people to get employment.

Mr Sarhadi said if the Azakhel dry port was opened for trade activities the exporters and importers would take benefits from the services of Pakistan Railways, and as a result the country’s economy would get boost.

He said due to lack of facilities at the dry port at Peshawar, shortage of locomotives and increase in transport charges, the traders associated the Afghan Transit Trade had shifted 70 per cent of their businesses to the Chabahar and Bandar Abbas ports of Iran.

Published in Dawn, September 24th, 2018

Opinion

Editorial

Border clashes
19 May, 2024

Border clashes

THE Pakistan-Afghanistan frontier has witnessed another series of flare-ups, this time in the Kurram tribal district...
Penalising the dutiful
19 May, 2024

Penalising the dutiful

DOES the government feel no remorse in burdening honest citizens with the cost of its own ineptitude? With the ...
Students in Kyrgyzstan
Updated 19 May, 2024

Students in Kyrgyzstan

The govt ought to take a direct approach comprising convincing communication with the students and Kyrgyz authorities.
Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...