Kabul, Islamabad agree to boost bilateral trade and transit

INSUBCONTINENT EXCLUSIVE:
The Pakistan Afghanistan Joint Chamber of Commerce and Industry said Kabul and Islamabad have agreed to reduce tariffs on commodities in
bilateral trade and transit affairs between the two countries.Pakistani media reported that based on the &Preferential Trade Agreement,&
Afghanistan will reduce taxes by 60 percent on exports of coal to Pakistan.Afghanistan&s Ministry of Industry and Commerce (MoIC) said the
reduction of taxes on five items of fruits and vegetables being imported from Pakistan, has also been agreed to.Investors said that Pakistan
plays an important role in Afghanistan&s trade.Figures by the Ministry of Industry and Commerce (MoIC) show that over $1 billion worth of
commodities has been exported abroad over the last year.According to the MoIC, $744 million worth of goods has been exported to Pakistan
alone during this period.The post Kabul, Islamabad agree to boost bilateral trade and transit first appeared on Ariana News.