PAK, AFGHAN EXTEND TRANSIT TRADE AGREEMENT FOR SIX MONTHS

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ISLAMABAD/ TORKHAM: Pakistan and Afghanistan Thursday signed protocol for extension of Afghanistan-Pakistan Transit Trade Agreement (APTTA) for Six months.

The signing ceremony was held on video-link chaired by Advisor to Prime Minister on Commerce Abdul Razak Dawood and Afghan Minister for Industry and Commerce Nisar Ahmad Faizi Ghoryani, Secretary Commerce of Pakistan and Deputy Commerce Minister of Afghanistan also attended the ceremony.

Speaking on the occasion, Dawood said that his vision for trade and economic relations with Afghanistan and Central Asian Republics (CARs) is to make Pakistan a hub for trade, transit, and transshipment.
Ambassador of Pakistan along with Trade & Investment Counselor in Kabul represented the Government of Pakistan in the ceremony held at the Ministry of Industry and Commerce in Kabul, a press release issued by the Embassy of Pakistan in Kabul said.
The Ministers appreciated the work of technical teams for the progress attained so far in the negotiations.
They directed the technical teams to forge consensus on the outstanding issues in the new APTTA 2021, to ensure its conclusion, signing and notification at the earliest for the benefit of trade, transit, investment, and connectivity between the two brotherly countries.

The Ministers also agreed to meet in Kabul on the sidelines of the 9th Afghanistan Pakistan Transit Trade Coordination Authority (APTTCA) meeting to push forward the negotiations on APTTA 2021 and also to hold a business and investment conference in August 2021.