Pakistan, Afghanistan sign six Months extension of APTTA

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By MG News | July 11, 2021 at 09:45 AM GMT+05:00

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July 11, 2021: Abdul Razak Dawood, Advisor to the Prime Minister on Commerce & Investment and Nisar Ahmad Ghoriyani, Minister of Industry & Commerce, signed the Protocol for Six months extension of Afghanistan Pakistan Transit Trade Agreement 2010 (APTTA).

The signing ceremony was held over video-link on July 8, 2021, simultaneously at Kabul and Islamabad. The Secretary, Ministry of Commerce, was also present on occasion. Representatives of both Embassies in respective capitals also attended the event.

Speaking on occasion, Mr. Dawood said that his vision for trade and economic relations with Afghanistan and Central Asian Republics (CARs) makes Pakistan a hub for trade, transit & transhipment. “Our trade must be based on secure, open, consistent, reliable & legal movement of goods at the Afghan border along with enhanced connectivity with Afghanistan & CARs”, he said.

He said that this is a long-term vision and, through our current engagement with Afghanistan & Uzbekistan, we are laying down the foundation for its implementation. This will ensure that Pakistan leverages its geo-economic location in the region to enhance its international trade. “Our discussions with Afghanistan and Uzbekistan are a step in this direction,” he said.

Both sides expressed satisfaction with an extension of the agreement and decided that the technical teams of the two countries will conclude the revised agreement soon.

Press Release

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