This will affect trade in both countries SAMAA | Wakil ur Rehman - Posted: Jul 29, 2021 | Last Updated: 16 hours ago SAMAA | Wakil ur Rehman Posted: Jul 29, 2021 | Last Updated: 16 hours ago
Photo: File
The Afghan Taliban has started to impose customs tariffs on commercial goods, which will force traders to pay double taxes.
Traders said that the Afghan government is already charging taxes, and now the Taliban will increase the cost of doing business, which will affect trade in both countries.
According to a tariff document obtained by SAMAA Digital, the movement of 376 items will be taxed, including cranes, excavators, electronics, animals, medicines and food. The rate is determined by number and ton.
Speaker National Assembly Asad Qaiser addresses the closing seminar of the two-day Pak-Afghan Trade and Investment Forum. Photo courtesy NA of Pakistan Twitter
ISLAMABAD: In a rare development, Pakistan and Afghanistan on Tuesday adopted more than 140 recommendations to promote bilateral trade and investments.
The two-day Pak-Afghan Trade and Investment Forum which concluded on Tuesday recommended the Pakistani government to allow five-year business and residence visa to all Afghans who are willing to start businesses in Pakistan. The Afghan side was led by Speaker Wolesi Jirga Mir Rehman Rahmani while Speaker National Assembly Asad Qaiser represented the Pakistani delegation.
The forum noted that business visa should grant a person legal rights such as opening of bank accounts, driving licence, ownership of property, it was recommended. In addition, Pakistan should consider allowing nationality to Afghans that invest a certain minimum amount in Pakistan’s manufacturing s
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Minister calls for boost in trade with Afghanistan
Defence Minister Pervaiz Khattak says hurdle-free entry of Afghan patients to promote health tourism
A file photo of Pak-Afghan border. PHOTO: PPI
ISLAMABAD:
Federal Defence Minister Pervaiz Khattak on Monday underscored the importance of enhancing trade activities with Afghanistan saying it will bring economic prosperity for both the countries.
Chairing the seventh meeting of Executive Committee of Pakistan Afghanistan Parliamentary Friendship Group in the Parliament House, Khattak observed that facilitating the Afghan traders would increase trade volume between Pakistan and Afghanistan.
He maintained that implementing the recommendations of Pak-Afghan Trade and Investment Forum 2020, which was organised on the special initiative of National Assembly Speaker Asad Qaiser, would facilitate traders on both sides of the border.