Transit Trade Agreement among Afghanistan, Tajikistan and Pakistan to be signed soon, Ghulam Dastageer

Peshawar: Pakistan, Afghanistan and Tajikistan would soon sign Tripartite Transit Trade agreement which will boost the trader among the three countries.

Federal Minister for commerce Engineer Khurram Dastageer Khan while addressing members of Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) said the agreement will solve all problems of the exporters of and they will get maximum benefits of this agreement.

Turkmenistan and another central Asian countries have also shown their interest to become part of this transit trade agreement, he said adding that Pakistan is giving maximum facilities to Afghanistan in trader and Pakistan expect this will reciprocal.

He said to facilitate export and import to Afghanistan dry two dry ports would be constructed at initial phase at Torkhem and Chaman boarder which will provide all facilities to the traders.

Federal Minister while responding to various points raised by president of KPCCI Fawad Ishaq and other members of KPCCI, said commerce ministry is ready to work together with KPCCI for devising a new relief package for the business community of KP however this package should be devised in a way to promote maximum revenues.

No doubt, he said that people and business men of Khyber Pakhtunkhwa has shown tremendous courage and rendered sacrifices in last few years but now peace will come to Pakistan and terrorism as well as extremism would be eradicated from the country.

Similarly, he said energy crisis is another big problem of the country and to resolve this crisis Prime Minister has taken important steps and soon gas and electricity crisis will be over as LNG import has already been started while MoU for generation of 9600 MW electricity will be signed during Chinese PM visit to Pakistan.

Fawad Ishaq President KPCCI while welcoming the federal minister for commerce said relief in income tax and sales tax as well as other facilities should be given to traders of KP as investment from the province is being shifted to other places due to law and order situation.

He said due to new Transit Trade Agreement with Afghanistan and hurdles in trade almost Transit Trade has been shifted to Iran’s Abbas port, while trade with Central Asian States has been very difficult due to lack trade agreement between Pakistan and CIS.

He said export to Afghanistan is also on decline as new conditions set by FBR are turning export to Afghanistan difficult for the exporters.

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