PESHAWAR: The business community of Khyber Pakhtunkhwa on Wednesday urged Pakistan and Afghanistan to relax visa policies and remove hurdles to the promotion of bilateral trade.

Sarhad Chamber of Commerce and Industry (SCCI) senior vice-president Shahid Hussain told a meeting on the chamber’s premises that business communities of both Pakistan and Afghanistan required hassle-free visas to travel to their neighbouring country.

He called for pragmatic steps to address issues hampering visa issuance by Islamabad and Kabul to businesspersons saying relaxation of visa policy will boost bilateral trade.

The senior SCCI office-bearer warned that if speedy visa issuance to businessperson wasn’t ensured, business and investment conferences won’t deliver the goods.

SCCI leader says Pak-Afghan trade volume came down from $2.5bn in 2012 to $6m in 2022

He said that the annual Pak-Afghan trade volume was $2.5 billion in 2012 but unfortunately, it came down to just $6 million in 2022.

Mr Hussain said that the annual Pakistan-Afghan trade’s volume was $2.5 billion in 2012 but unfortunately, it came down to just to six million dollars in 2022.

He alleged that Afghans, including traders, were illegally charged $1,000 for visa issuance.

The SCCI leader said that in view of the precarious security situation in Afghanistan, Pakistani businessmen feared for their lives in the neighbouring country.

He said that Afghan citizens didn’t have language issue in Pakistan nor did they have movement problem in the country.

“Afghans only need timely and prompt issuance of visas to do business in Pakistan,” he said.

Mr Hussain said that instead of holding conferences, both countries should relax visa policies towards each other as the focus on other activities would further reduce the volume of Pakistan-Afghanistan trade.

He said that Pakistan’s exports to the Central Asian States would also increase if the Pakistan-Afghanistan trade volume went up.

The SCCI leader said that the trade and commerce market of CARs was valued at $100 billion but Pakistan’s share in it was negligible.

He said that Pakistan had also been ignored due to various factors, including a long delay in the issuance of visas to the residents of Central Asian states, including traders.

Mr Hussain wondered who would come to Pakistan to do business or invest money under that situation.

He said urged authorities in Pakistan and Afghanistan to take tangible measures to facilitate their business communities to increase bilateral trade.

Published in Dawn, December 15th, 2022

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

Opinion

Enter the deputy PM

Enter the deputy PM

Clearly, something has changed since for this step to have been taken and there are shifts in the balance of power within.

Editorial

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...
Weathering the storm
Updated 29 Apr, 2024

Weathering the storm

Let 2024 be the year when we all proactively ensure that our communities are safeguarded and that the future is secure against the inevitable next storm.
Afghan repatriation
29 Apr, 2024

Afghan repatriation

COMPARED to the roughshod manner in which the caretaker set-up dealt with the issue, the elected government seems a...
Trying harder
29 Apr, 2024

Trying harder

IT is a relief that Pakistan managed to salvage some pride. Pakistan had taken the lead, then fell behind before...