Razak makes headway on Afghan transit treaty

Published November 18, 2020
Pakistan and Afghanistan on Tuesday held a meeting of the Afghanistan-Pakistan Transit Trade Coordination Authority. — Photo courtesy Ambassador Mansoor Ahmad Khan Twitter
Pakistan and Afghanistan on Tuesday held a meeting of the Afghanistan-Pakistan Transit Trade Coordination Authority. — Photo courtesy Ambassador Mansoor Ahmad Khan Twitter

ISLAMABAD: After a delay of more than four years, Pakistan and Afghanistan on Tuesday held a meeting of the Afghanistan-Pakistan Transit Trade Coordination Authority (APTTCA) to deal with problems hindering the smooth implementation of a revised transit treaty.

The last meeting of the APTTCA was held in 2016.

Since then, no meeting was held between the two countries and subsequently talks on bilateral trade were also suspended until recently when officials from Afghanistan visited Pakistan and showed their willingness to revive stalled talks.

During the official talks, extensive and fruitful deliberations were held on the whole spectrum of bilateral trade and investment relations including formalising of informal cross-border trade.

According to the official announcement, the adviser met a number of dignitaries representing a cross-section of Afghan government. The adviser called on Afghan President Ashraf Ghani and discussed a wide range of issues pertaining to trade and economic integration.

He also met Chairman of the High Council for National Reconciliation (HCNR) Abdullah Abdullah and thanked him for his support. He also called on Da Afghan Wolesi Jirga speaker and the Da Afghanistan Bank governor.

Mr Razak hoped that the visit would mark the beginning of a new era of trade and investment cooperation between the two countries. This would lead to the integration of the two economies and move the bilateral trade to a more formal and documented arrangement, he said.

“This deepening of trade and investment relations between the two countries would also enhance Pakistan’s exports to Afghanistan and beyond, to the central Asian countries,” the adviser remarked.

Currently, Adviser Dawood was leading an official delegation to Afghanistan for discussions on bilateral trade, Afghanistan-Pakistan Transit Trade Agreement, Preferential Trade Agreement and investment-related matters between the two countries.

Published in Dawn, November 18th, 2020

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

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...