Trade continues to decline between Pakistan and Afghanistan

Trade between Pakistan and Afghanistan is on a constant decline due to the obstacles created by different government departments at the Torkham border crossing. It seems that traders are facing difficulties due to different laws for trade with Afghanistan at various borders crossings.

These issues don’t just affect Pak-Afghan trade but also reduce the government revenue, in addition to incurring losses to traders. Due to the financial crisis and closure of a banking system in Afghanistan, the flow of money to Pakistani traders from the neighboring country has stopped, resulting in a 60 per cent reduction in orders for goods to local traders.

At the same time, remaining exports are vanishing slowly due bottlenecks at crossing points. At present, barely 200 export vehicles are cleared to go to Afghanistan, while around 300 vehicles are cleared to enter Pakistan from the other side despite the government’s permission to open the border 24/7.

Source: profit.pakistantoday.com.pk


Photo source: Dreamstime.com


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