Four trucks loaded with yarn arrive from Uzbekistan

Published November 4, 2021
Commerce Adviser Abdul Razak Dawood  (L-4) and National Security Adviser Moeed Yusuf (L-3) along with an Uzbek delegation visit Torkham on Wednesday. — PID
Commerce Adviser Abdul Razak Dawood (L-4) and National Security Adviser Moeed Yusuf (L-3) along with an Uzbek delegation visit Torkham on Wednesday. — PID

ISLAMABAD: The first-ever consignment of trucks from Uzbekistan under an Convention on the International Transport of Goods for traffic-in-transit of goods across the border has reached Pakistan via the Torkham border.

Commerce Adviser Abdul Razak Dawood and National Security Adviser Moeed Yusuf received four trucks loaded with yarn. Security officials from both countries were present on the occasion.

“This is a continuation of the government’s efforts to strengthen regional coordination,” Mr Dawood said, adding that Pakistan would further strengthen trade ties with Central Asian States and Uzbekistan.

A similar consignment from Pakistan has already reached Uzbekistan via the Torkham border.

To speed up trade under the convention, the Customs department has developed a robust system for joining paperless regime and integrating sea to the journey by road in order to tap maximum potential of traffic-in-transit of goods across the border.

The Customs estimates with inherent advantages of 80 per cent shorter and 38pc cheaper trade routes the development of road-sea multimodal TIR module and implementation of digital TIR will result in a sharp increase of imports, exports and transit through Pakistan under TIR regime.

A senior customs official told Dawn that a procedure was developed for integrating sea to the journey by road and was sent to the International Road Union (IRU) — another body of TIR regime for vetting. The IRU approved the procedure on August 17.

Published in Dawn, November 4th, 2021

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

Opinion

Editorial

Upholding rights
27 Jul, 2024

Upholding rights

EVEN a perceived threat to civil rights and freedom of expression undermines democracy; it impedes the enforcement ...
Brutal crime
27 Jul, 2024

Brutal crime

THE horrific incident of a woman allegedly gang-raped in front of her husband and three-year-old daughter near...
Back in parliament
27 Jul, 2024

Back in parliament

MORE than two years after MNAs loyal to former prime minister Imran Khan fatefully resigned from the legislature...
Judicial constraints
Updated 26 Jul, 2024

Judicial constraints

The fact that it is being prescribed by the legislature will be questioned, given the political context.
Macabre spectacle
26 Jul, 2024

Macabre spectacle

Israel knows that regardless of the party that wins the presidency, America’s ‘ironclad’ support for its genocidal endeavours will continue.