Afghanistan's trade with Iran grows, but declines with Pakistan: PAJCCI

Monday, 13 November 2017 03:31 Written by  Heart of Asia Published in Economy Read 83 times

Recent figures are showing rise in Afghanistan's trade with Iran, but trade with Pakistan is declining due to disturbing political ties, chairman of Pakistan Afghanistan Joint Chamber of Commerce and Industry said Saturday.

 

Zubair Motiwala said this following the chamber’s 8th Executive body meeting in Karachi that was attended also by Afghanistan’s delegation led by Khan Jan Alokozai, who is also co-chairman of the chamber.

Alokozai said that the recent visit of Pakistan’s army chief to Kabul has shown light at the end of tunnel and mentioned his commitment to arrange meeting of business people from Afghanistan with Pakistani PM for resolution of grievances, according to a press release issued by the chamber.

Motiwala urged the Pakistani leadership to expedite this initiative and offered services of PAJCCI as a bilateral entity, to act as joint platform for illustrating the sentiments of business community across the border.

“Pak-Afghan trade should be segregated from political and military tensions, though, establish strong security measures that are vital for stabilization and sustainability of both the countries without compromising upon the sentiments of the business community across the border,” the chamber said in the statement.

According to the statement, the Afghan delegation visited Pakistan to participate in recently held Expo Pakistan. The delegation was second largest amongst all the international delegations participating in the exhibition.

“This should be a realization for the government of both the countries that political whims should always follow economic imperatives and not otherwise,” the statement said.