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Trade, commerce minister unveils 100-day plan

Trade, commerce minister unveils 100-day plan

May 27, 2015 - 19:39

KABULinfo-icon (Pajhwok): Reforms making of new laws, scrutiny of entrepreneurs, ports, implementation of transit treaty, tackling of trade related issues and absorbing graduates of the economic faculty were among 100-day plan of the Ministry of Trade and Commerce.

Trade and Commerce Minister Humayun Rasa said huge deficit existed between export and import and there was need for a balance to strengthen economy.

Earlier, the Central Statistics Organization (CSO) said that Afghanistaninfo-icon’s export volume stood at $8.7 billon and export at $515 million in 2014.

In the 100-day plan, he said that the ministry would focus to bring down the volume of import and reform the related laws. He added more laws would be made if required.

Rasa said he would work hard to increase export of domestic goods and services. He was planning to held series of meetings with businessmen.

The minister said that problems faced by the investors would also be resolved to pave way for investment, the investors’ commission and the Afghanistan Investment Support Agency would be reformed to multiply business activities.

He said within coming month he would work closely with the Ministry of Finance to reduce tariffs over trade and investment.

He said insecurity, administrative corruption, capacity building and implementation of plans and strategies would pose challenges for him in coming days.



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