Pakistan for free trade with Kabul, CARs: Razak

Published December 22, 2020
Adviser to Prime Minister on Commerce and Investment Razak Dawood said Pakistan believes in free flow of trade through its borders to Afghanistan and the Central Asian Republics. — File photo
Adviser to Prime Minister on Commerce and Investment Razak Dawood said Pakistan believes in free flow of trade through its borders to Afghanistan and the Central Asian Republics. — File photo

ISLAMABAD: Pakistan believes in free flow of trade through its borders to Afghanistan and the Central Asian Republics (CARs), said Adviser to Prime Minister on Commerce and Investment Razak Dawood in a consultative meeting with officials from the region on Monday.

Dawood informed the meeting about his talks with Afghan leadership during his visit to Kabul in November while adding that consultations have begun with stakeholders to negotiate a preferential trade agreement (PTA) with Afghanistan.

Meanwhile, he added that work on revision of the Afghanistan Pakistan Transit Trade Agreement (APTTA) was in final stages. A delegation from Afghanistan will visit Pakistan during Dec 28-30 to discuss the PTA, APTTA and Joint Border Markets.

The government of Uzbekistan also invited Dawood to visit the country in January next year for the inaugural meeting of joint working group on trade and economy in Tashkent which will examine the prospects of a PTA between the two countries.

Moreover, the meeting also discussed the Afghanistan-Pakistan bilateral trade at length.

Special Assistant to Prime Minister Arbab Shahzad stressed the need for resolution of trade disputes between the two countries at the Pak-Afghan Trade and Investment Forum 2020 which reviewed the bilateral trade relationship at the seventh meeting of Executive Committee of Pakistan Afghanistan Parliamentary Friendship Group.

An official from the Ministry of Commerce told the meeting that trade dispute resolution mechanism is functional and the details would also be deliberated upon in renewal of trade agreement with Afghanistan.

On the issue of air connectivity, the meeting highlighted that PIA flight’s fares were relatively high for Afghan nationals which would be decreased. The forum also recommended an increase in number of PIA flights to Afghanistan.

Special Envoy for Afghanistan Sadiq Khan said the fares need to be standardised as per international standards.

Moreover, a Ministry of Railway official also briefed the committee on the eight projects to facilitate trade between the two countries. He also said that around 28 trains are being utilised for Pak-Afghan transit trade. He added that the ML-1 China-Pakistan Economic Corridor would run from Torkham to Peshawar.

An official from the Ministry of Port and Shipping said that a dedicated lane cannot be spared for Afghan Transit Trade however cross stuffing would be allowed soon.

Published in Dawn, December 22nd, 2020

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

Opinion

Editorial

Truce tested
Updated 28 Jun, 2026

Truce tested

The latest US-Iran exchange should therefore be treated not as proof that dialogue has failed, but as a warning of how easily it could.
Paper promises
28 Jun, 2026

Paper promises

WHAT is a UNSC resolution worth if it is never implemented? Pakistan and China felt compelled to convene an informal...
Still the masters
28 Jun, 2026

Still the masters

CRISTIANO Ronaldo and Lionel Messi do not seem to be going away quietly. At least, not yet. The duo might have left...
After the budget
Updated 26 Jun, 2026

After the budget

Though not a bad document per se, the budget for FY27 is a familiar one, and familiarity in our economic history is rarely cause for comfort.
Missing the mark
Updated 27 Jun, 2026

Missing the mark

Pakistan cannot rely on international partners to compensate for weak governance and inconsistent implementation at home.
Up in smoke
26 Jun, 2026

Up in smoke

PAKISTAN is watching an epidemic unfold as the menace of narcotic abuse hits every fourth household in Karachi ...