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

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...