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

Return to the helm
Updated 28 Apr, 2024

Return to the helm

With Nawaz Sharif as PML-N president, will we see more grievances being aired?
Unvaxxed & vulnerable
Updated 28 Apr, 2024

Unvaxxed & vulnerable

Even deadly mosquito-borne illnesses like dengue and malaria have vaccines, but they are virtually unheard of in Pakistan.
Gaza’s hell
Updated 28 Apr, 2024

Gaza’s hell

Perhaps Western ‘statesmen’ may moderate their policies if a significant percentage of voters punish them at the ballot box.
Missing links
Updated 27 Apr, 2024

Missing links

As the past decades have shown, the country has not been made more secure by ‘disappearing’ people suspected of wrongdoing.
Freedom to report?
27 Apr, 2024

Freedom to report?

AN accountability court has barred former prime minister Imran Khan and his wife from criticising the establishment...
After Bismah
27 Apr, 2024

After Bismah

BISMAH Maroof’s contribution to Pakistan cricket extends beyond the field. The 32-year old, Pakistan’s...