The Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood, led an official delegation to Afghanistan from 16 to 17 November 2020 for discussions on bilateral trade, Afghanistan-Pakistan Transit Trade Agreement (APTTA), Preferential Trade Agreement (PTA), and investment-related matters between the two countries.
This delegation was preceded by last month’s visit of Afghanistan’s acting Minister of Industry and Commerce, Nisar Ahmad Ghoriani, to Pakistan where he extended the special invitation of the Afghan President to visit Kabul this month.
Apart from the Adviser to PM on Commerce, the delegation included high-level officials from the Ministries of Commerce and Maritime, Federal Board of Revenue (Customs), and State Bank of Pakistan.
The Adviser met several dignitaries representing a cross-section of the Afghan government. The Adviser to PM called on the Afghan President and discussed a wide range of issues pertaining to trade and economic integration.
He also met the Chairman of the High Council for National Reconciliation (HCNR), Abdullah Abdullah, and thanked him for his support. He also called on the Speaker of Da Afghan Wolesi Jirga and the Governor of Da Afghanistan Bank.
The 7th Meeting of the Afghanistan Pakistan Transit Trade Cooperation Authority (APTTCA) was held in Kabul after a break of more than four years. During the official talks, extensive and fruitful discussions were held on the whole spectrum of bilateral trade and investment relations including formalizing of the informal cross-border trade.
The Adviser hoped that the visit would mark the beginning of a new era of trade and investment cooperation between the two countries. This would lead to the integration of the two economies and move the bilateral trade to a more formal and documented arrangement.
This deepening of trade and investment relations between the two countries would also enhance Pakistan’s exports to Afghanistan and other Central Asian Countries.