Pakistan, Afghanistan private sector representatives boost trade through US organized initiative

News Image

MG News | July 09, 2020 at 01:13 PM GMT+05:00

0:00

July 09, 2020: Private sector representatives from Pakistan and Afghanistan met on July 8 to boost prosperity and create jobs in both countries. The participants in this U.S. government-facilitated event addressed a range of trade issues between the two countries that have held back the growth of the cross-border economy.

The “Pakistan-Afghanistan Bilateral Trade – Private Sector Perspectives, Strategy and Recommendations” conference was a first-of-its-kind, cross-border dialogue.  At an event organized by the United States Agency for International Development (USAID), the participants met virtually because of the ongoing COVID-19 pandemic.

Participants included the Pakistan-Afghanistan Joint Chamber of Commerce and Industry, the Sarhad Chamber of Commerce and Industry, and the Chaman Chamber of Commerce and Industry, as well as a number of Afghanistan chambers of commerce and a variety of logistics service providers, transport operators, and traders from both countries.

The participants highlighted a desire to forge closer cross-border private sector partnerships and government ties to promote trade between the two countries.  Many of the participants expressed concerns over unscheduled closures of border crossing points, slow clearing processes, lack of facilities at the Torkham border, and increasing transport costs.  They also supported the creation of a core team of representatives from all participants to plan subsequent coordination efforts with the Governments of Pakistan and Afghanistan.

This inaugural virtual discussion sets the stage for a sustained and continued effort to improve trade relations between Pakistan and Afghanistan.

Press Release

 

Related News

Name Price/Vol %Chg/NChg
KSE100 164,626.29
351.26M
-0.98%
-1632.25
ALLSHR 98,999.23
613.73M
-0.76%
-757.44
KSE30 50,342.54
122.55M
-1.13%
-575.33
KMI30 229,014.43
138.56M
-1.61%
-3757.33
KMIALLSHR 63,057.91
362.66M
-1.13%
-722.77
BKTi 49,028.54
65.39M
-0.01%
-2.61
OGTi 32,109.94
7.71M
-1.79%
-583.79
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,185.00 67,760.00
64,325.00
-1640.00
-2.42%
BRENT CRUDE 71.88 71.96
70.69
0.12
0.17%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
-3.50
-3.52%
ROTTERDAM COAL MONTHLY 107.95 107.95
107.95
0.30
0.28%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 66.60 66.67
65.38
0.12
0.18%
SUGAR #11 WORLD 14.05 14.10
13.78
0.18
1.30%

Chart of the Day


Latest News
February 25, 2026 at 02:46 PM GMT+05:00

PKR maintains upward momentum in interbank session


February 25, 2026 at 02:43 PM GMT+05:00

Gold price in Pakistan rises Rs1,300 per tola


February 25, 2026 at 02:19 PM GMT+05:00

PSX Closing Bell: Down in the Doldrums


February 25, 2026 at 02:08 PM GMT+05:00

NATF 1HFY26 profit skyrockets nearly 9x


February 25, 2026 at 02:06 PM GMT+05:00

KOHC H1 profit drops 20% to Rs5.5bn



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg