Peshawar -- Traders and exporters of Pakistan and Afghanistan through a video link conference, while pinpointing the bottleneck in the way of Pak-Afghan trade and transit trade and export, said that complicated regulations and procedures, strict policies and awkward goods clearing process were main reasons behind the declining of mutual trade volume between the two countries.
'Paying not heed toward resolution of issues of the business community on both sides of the border is not in the interest of Pakistan and Afghanistan. Regulatory duties, unnecessary and double taxation should be revised,' the Pak-Afghan traders said while exchanging views in a joint video link conference organized by USAID - Pakistan Regional Economic Integration Activity (PREIA) in collaboration with Sarhad Chamber of Commerce and Industry (SCCI) here at the chamber house on Thursday.
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The participants called upon Islamabad and Kabul to make joint efforts to remove hurdles in the way of bilateral trade, transit trade and export between the two neighbouring countries. They said that a lot of potential existed in Afghanistan market, which should be availed to meet the mutual trade target of $5billion.
The joint conference was chaired by SCCI president Maqsood Anwar while the chamber senior vice president, Shahid Hussain performed as moderator. Besides, the SCCI Pak-Afghan Joint Chambers of Commerce and Industry former senior vice president, and Frontier Customs Agents' Association president, Ziaul Haq, PAJCCI Pakistan chapter chairman, Zubair Motiwala, secretary general Ms Faiza, PAJCCI Afghanistan chapter chairman, Khan...