PESHAWAR: The business community and traders have opposed new
documentation for
trade with Afghanistan, saying that due to the tariff and non-tariff barriers
trade with the neighbouring country has already dropped from $2.5 billion to $700 million.
Speaking at a meeting
with the Customs clearing agents from Torkhum, President, Sarhad Chamber of Commerce and Industry (SCCI) Zahidullah Shinwari, said the recent unnecessary
documentation for
trade with Afghanistan would further shrink in the
trade volume between the two countries.
He said
trade between the two countries had already witnessed the alarming decrease from $2.5 billion to $700 million, fearing the new measures would lead to more decrease in their mutual trade.
Shinwari said that recently the Model Customs Collectorate (MCC), Peshawar, issued new
documentation for exports to
Afghanistan that had brought serious difficulties for both the Customs clearing agents and traders.
He said that earlier about 18,000 exports vehicles used to cross into
Afghanistan on a daily basis. “But after the fresh
documentation condition, hardly 250 such vehicles leave for the neighbouring country daily,” he added. The
SCCI chief urged the Federal Board of Revenue to withdraw the recently announced
documentation for
trade with Afghanistan.
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