Wednesday, Nov 18 2020 | Time 11:53 Hrs(IST)
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  • Jammu Police busts gang of thieves, recover 20 motorbikes, arrest nine
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  • 1 5 million power employees, engineers to protest across country on Nov 26 against privatisation
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  • Afghanistan, Pakistan officials met in Kabul to review Transit Trade Deal
  • NCB begins grilling Bineesh Kodiyeri in Drug Peddling case
  • Iran ready to discuss how US can return to Nuclear Deal: Foreign Minister Zarif
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WorldPosted at: Nov 18 2020 11:26AM


Afghanistan, Pakistan officials met in Kabul to review Transit Trade Deal

Kabul, Nov 18 (UNI) The Afghanistan-Pakistan Transit Trade Coordination Authority (APTTCA) convened after a four-year delay in Kabul to review the transit trade agreement, which expires in February, and officials from both countries reaffirmed commitment to boost trade and investment, the Pakistan Embassy said.
According to the embassy, officials present at the talks (including Abdul Razak Dawood, an adviser to the Pakistani prime minister; Pakistani Commerce Secretary Muhammad Sualeh Ahmad Faruqi and Afghan Deputy Minister for Investment and Trade Abdul Karim Malikyar) discussed in detail all aspects of the transit trade agreement and "showed their full commitment to streamline existing procedures to boost bilateral trade, transit facilities and investment."
"Both sides agreed to take further steps for enhancement of effective connectivity which is essential in today's era for smooth transportation of transit goods," the Pakistan Embassy's press release read on.
The officials also discussed the potential opening of new corridors and entry/exit ports to facilitate the transit trade. They agreed to resume the debate at the next meeting, which is expected be held in Pakistan's capital of Islamabad next month.
Afghan and Pakistani customs authorities signed a memorandum of understanding on "electronic data interchange for rapid and hassle-free movement of the transit goods to save the time and money," the embassy added.
Dawood noted that a new era in the bilateral relations was beginning, the press release read on. The adviser also reaffirmed his support to the Afghan people "to develop a better future for the next generation" and expressed hope for "greater integration."
UNI XC-RHK1125
Tags: #Afghanistan# Pakistan officials met in Kabul to review Transit Trade Deal
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