Pak, Afghanistan allow free movement of trucks to enhance transit trade: Razak

ISLAMABAD - Pakistan and Afghanistan have allowed free movement of each other’s trucks between the two countries and cross stuffing Temporary Admission Documents (TAD).
Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said: “We have finally done it! Historical development on regional connectivity front! We wish to share that Pakistan and Afghanistan have allowed free movement of each other’s trucks between the two countries and cross stuffing Temporary Admission Documents (TAD).” He further said that Afghan transporters can obtain TAD from Pakistan Embassy at Kabul and Consulate in Kandahar, while transporters from Pakistan can obtain TAD from Consulates in Peshawar and Quetta. “This is a historic development and will go a long way in enhancing our connectivity and trade relations with Afghanistan, Central Asia and beyond,” he said on Twitter.
Earlier, Pakistan had allowed traders the export settlement of 14 items with Afghanistan in local currency. The items included poultry, meat, cement, pharmaceutical products, textile, fruits, vegetables, salt, rice, surgical instruments, etc. Pakistan had taken the decision in the wake of a drastic decline in exports to Afghanistan. The decision was supposed to help the Afghan government to continue import of essential food items from Pakistan until the West recognised their government. The ECC said the decision was taken in view of the food crisis and prevailing situation in Afghanistan. The ECC had also allowed removal of 45 percent regulatory duty on the import of chilghoza from Afghanistan to encourage legal import of unprocessed chilghoza for its processing in the country for export. The decision will also be instrumental in creation of jobs in the far-flung areas of border regions of Khyber Pakhtunkhwa and economically backward areas of Balochistan. Exports from Pakistan to Afghanistan have declined from $517.24 million in the first half year of FY21 to $328.25m during July-December of FY22.
Meanwhile, Razak Dawood also spoke about “Look Africa” and “Silk Reconnect” policy. “Geographical diversification and enhancing regional trade and connectivity are major pillars of MOC’s Strategic Trade Policy Framework. We have put in place “Look Africa” and “Silk Reconnect” policy initiatives for Africa and Central Asian Republics respectively.”
Adviser to the PM on Commerce and Investment said that during July-February 2022, Pakistan’s exports to Central Asia grew by 135 percent from $72.5 million to $172.5 million in the same period of last year. Similarly, Pakistan’s exports to Africa increased by 16 percent during Jul-Feb 2022 and stood at $1.033 billion from $0.892 billion during the corresponding period last year.

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