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Afghanistan Puts Off Transit Trade Meeting With Pakistan

Pakistan media reports that the suspension of talks could lead to a further decline in trade between the two countries.  

Kabul has unilaterally put off a meeting of the Afghanistan-Pakistan Transit Trade Coordination Authority (APTTCA), a high-level forum set up to deal with problems hindering smooth implementation of a revised transit treaty, Pakistani officials told Dawn.

The report has said that Pakistan's exports to Afghanistan dropped by a significant 27 percent over the past year.

Dawn reported that exports to Afghanistan had reached an all-time high of $2.4 billion in 2010-11. It remained above the $2 billion mark in the following two years - 2011-12 and 2012-13. Since then, exports have dwindled and was only $1.43 billion in 2015-16. 

In the first two months (July-August) of the current financial year, exports were recorded at $213.47 million USD. This shows that the total exports to Afghanistan will be about $1 billionwhen the figures for 2017-18 are finalised, reported Dawn.

A source told Dawn on Tuesday that the Afghan commerce ministry had conveyed to Islamabad its decision to postpone the meeting through the Pakistan High Commission in Kabul. "We have received a formal letter in this regard," the source said.

However, the Afghan government has not yet commented. 

Business

Afghanistan Puts Off Transit Trade Meeting With Pakistan

Pakistan media reports that the suspension of talks could lead to a further decline in trade between the two countries.  

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Kabul has unilaterally put off a meeting of the Afghanistan-Pakistan Transit Trade Coordination Authority (APTTCA), a high-level forum set up to deal with problems hindering smooth implementation of a revised transit treaty, Pakistani officials told Dawn.

The report has said that Pakistan's exports to Afghanistan dropped by a significant 27 percent over the past year.

Dawn reported that exports to Afghanistan had reached an all-time high of $2.4 billion in 2010-11. It remained above the $2 billion mark in the following two years - 2011-12 and 2012-13. Since then, exports have dwindled and was only $1.43 billion in 2015-16. 

In the first two months (July-August) of the current financial year, exports were recorded at $213.47 million USD. This shows that the total exports to Afghanistan will be about $1 billionwhen the figures for 2017-18 are finalised, reported Dawn.

A source told Dawn on Tuesday that the Afghan commerce ministry had conveyed to Islamabad its decision to postpone the meeting through the Pakistan High Commission in Kabul. "We have received a formal letter in this regard," the source said.

However, the Afghan government has not yet commented. 

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