Improving ties: Pak-Afghan trade potential remains untapped

Meeting suggests that both countries should harmonise customs procedures, remove specific duties and engage constantly

PESHAWAR:

The trade potential between Pakistan and Afghanistan is much bigger than estimated, however, non-tariff barriers, and illegal smuggling of goods, and other hurdles on both sides, continue to impede growth in bilateral trade.          

It is the dire need of the hour to make serious efforts to reduce all those impediments hindering bilateral trade relations between the two neighboring countries.

These were the deliberations of the 2nd Post Afghanistan Visit Review Committee Meeting, held at the Khyber-Pakhtunkhwa Board of Investment and Trade (KP-BoIT) office here on Tuesday.

Committee Chairman Senator Mohsin Aziz presided over the meeting. The meeting thoroughly reviewed the recommendations and proposals, presented in previous proceeding of the meeting and agreed upon most of points, with certain amendments.

The meeting suggested that both countries should harmonise their customs procedures, remove specific duties and engage constantly for better understanding of regulatory regimes.

Published in The Express Tribune, June 3^rd, 2015.

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