ISLAMABAD: While India is ready to join Afghan-Pakistan Transit Trade Agreement (APTTA), Islam­abad is reluctant to include a third country in the arrangement.

Pakistan recently turned down a suggestion of including India in transit trade agreement with Afghanistan and Tajikistan.

“We have conveyed our stance to the Afghan government in this regard,” an official of the commerce ministry told Dawn.

According to the official, inclusion of a third country in a bilateral arrangement does not make sense anyways but more so in case of India. “There is a pro-Indian lobby in Afghanistan which wants Islamabad to allow Indian goods transport via Wagah border” the trade officer said anonymously.

Indian External Affairs Minister Sushma Swaraj on the sidelines of Asia summit said that India was ready to join the APTTA. She said India has created facilities to receive Afghan trucks coming through Pakistan.

Indian demand for joining the treaty is based on the perception that it will allow India to export goods via Wagah border to Afghanistan but for obvious reasons Islamabad is not inclined to grant the facility at the movement.

As an alternative India is investing in port project at Chabahar in Iran for access to Afghanistan market but Wagah is the most economical route for it for exports to Afghanistan and onward to Central Asian States.

With the support of Asian Development Bank, Pak­istan has initiated a project to establish three land port authorities at Wagah, Landi Kotal and Chaman border points.

Once these land ports are established, trade on land route will be facilitated, the official in the commerce ministry said.

Meanwhile, Finance Minister Ishaq Dar received Owen Jenkins, British Prime Minister’s Special Rep­resentative on Afghanistan-Pakistan affairs, here on Wednesday.

Jenkins was accompanied by British High Com­missioner, Philip Barton and Head of UK’s Department for International Develop­ment (DFID) Joanna Reid.

During the meeting, they expressed unanimity of views on efforts for peace and development in Afghanistan which would help achieve stability and progress in the whole region.

They also agreed that the Asia Conference would play a contributing role towards achieving this objective.

The visiting team appreciated the progress Pakistan and Afghanistan have made in the CASA-1000 energy project.

The finance minister shared with Jenkins the details of important developments in the Pakistan-Afghanistan economic cooperation. He apprised Jenkins of the headway made during the recently concluded Joint Economic Commission meeting, especially in the realm of trade facilitation.

He said that Pakistan has undertaken Kabul-Jalalabad highway project which is progressing well as it wants to promote regional connectivity with Afghanistan.

Published in Dawn, December 10th, 2015

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

The Dar story continues

The Dar story continues

One wonders what the rationale was for the foreign minister — a highly demanding, full-time job — being assigned various other political responsibilities.

Editorial

Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.
All this talk
Updated 30 Apr, 2024

All this talk

The other parties are equally legitimate stakeholders in the country’s political future, and it must give them due consideration.
Monetary policy
30 Apr, 2024

Monetary policy

ALIGNING its decision with the trend in developed economies, the State Bank has acted wisely by holding its key...
Meaningless appointment
30 Apr, 2024

Meaningless appointment

THE PML-N’s policy of ‘family first’ has once again triggered criticism. The party’s latest move in this...