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Trust deficit seen as impeding Af-Pak trade

Trust deficit seen as impeding Af-Pak trade

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Aug 26, 2019 - 12:01

PESHAWAR (Pajhwok): Afghanistaninfo-icon and Pakistaninfo-icon have been urged to overcome their trust deficit for the promotion of bilateral trade.

Frontier Customs Agents Group (FCAG) also asked governments in Kabulinfo-icon and Islamabad to take effective steps to facilitate the visa regime for business-people.

Sarhadi, who is also a former senior vice president of the Pak-Afghan Joint Chamber of Commerce and Industry, said keeping the border open would help boost mutual trade between the two neighbors.

In a statement, the FCAG president welcomed the government’s decision to keep the Torkham border open, hoping that the step would help improve exports and imports.

Bilateral trade had declined due to the trust deficit and strict measures taken by both Islamabad and Kabul, Sarhadi said. .

However, he believed the move to allow transport across the Durand Lineinfo-icon round the week would help achieve the trade target between Pakistan and Afghanistan.

He said the volume of trade between Pakistan and Afghanistan had fallen to less than $1billion from $2.5 billion because of the imposition of strict policies by both sides.

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