Pakistan reopens Chaman border crossing to Afghanistan

News Image

By MG News | November 03, 2021 at 10:19 AM GMT+05:00

0:00

November 3, 2021: One of the main crossings between Afghanistan and Pakistan has reopened after being closed for almost a month, officials said on Tuesday, offering hope for an end to a standoff that has caused heavy losses to traders and left thousands stranded.

The Chaman crossing is a major transit point for truckers moving fruit exports from around the southern Afghan city of Kandahar and its closure for the past 27 days has come at a high cost for farmers unable to get their products to market.

"The Afghan transit trade and other trade and economic activities continue," a senior Pakistan border official said.

The reopening should come as a relief to the Taliban government in Kabul, which desperately needs the customs revenues from the border posts. Its cash-strapped economy has few other legitimate sources of foreign revenue.

As Afghanistan has sunk deeper into an economic crisis, with the abrupt withdrawal of foreign aid following the Taliban victory in August, Pakistani officials have been increasingly concerned by the prospect of a new wave of refugees.

Pakistani authorities originally closed the borders due to security threats, but disputes over issues ranging from COVID-19 to the validity of Afghan travel documents prevented reopening for weeks, despite pledges of action.

Reuters

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

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