Afghan Transit Trade Pact to come into force on Feb 12: Fahim
February 3, 2011 by Trend PK
Filed under Breaking News
Federal Minister of commerce Amin Fahim said that trade under Afghan Transit Trade Agreement would be started on February 12.
In a press conference in Islamabad, Amin Fahim said that as per the agreement, Afghanistan will be provided Pakistan land routes for trade with India and in return, Pakistan will get 17 Afghan routes for trade with Central Asia. He explained that India will not get any Pakistani routes as per the pact. He said that first meeting of Export Promotion and Development Board.
PM takes Sharif into confidence over Pak-US strategic dialogue
ISLAMABAD: Prime Minister Syed Yusuf Raza Gilanion Monday made a telephonic call to PML-N Chief Mian Muhammad Nawaz Sharif and took him into confidence over the recently held Pakistan-U.S. strategic dialogue.
He informed the Pakistan Muslim League-Nawaz chief regarding the assistance that the United States government is planning to provide for the development of various sectors in Pakistan.
The prime minister also took him into confidence over the understanding to facilitate the Afghan Transit Trade that has been agreed between the two countries and which would open up route for Pakistani goods to Central Asia.
Both the leaders expressed their satisfaction over the unanimous approval of the Diamer-Basha Dam resolution by the Council of Common Interests (CCI) and stressed for comprehensive strategy to ensure its early completion.
The prime minister also took Nawaz Sharif into confidence over the recently concluded Pakistan-India Foreign Ministers meetings.
The PML-N chief supported the prime minister and said that all outstanding issues with India must be resolved through meaningful dialogue.
Acknowledging the statement of Nawaz Sharif regarding the arrest of Higher Education Commission (HEC) Chairman”s brother, the prime minister informed him that Sindh Home Minister Sindh has been directed for his immediately release.
Prime minister said that he has also talked to Sindh Chief Minister in this regard and asked him to avoid any victimisation.
The premier also enquired about the health of Begum Kalsoom Nawaz and prayed for her early recovery.
The PML-Nawaz chief lauded the prime minister for his positive approach in developing consensus on matters of national importance, especially for according due consideration to the views of all the political leadership. He reiterated his support to the government to strengthen the democratic norms in the country.
Pak-Afghan Transit Trade Talks Today
ISLAMABAD: The fifth round of Pak-Afghan Transit Trade has begun in the federal capital.
Both the countries are mulling over removing stumbling blocks in achieving the trade agreement (ATTA) in the three-day negotiations.
Afghan deputy Trade Minister Adib Farhadi is heading his delegation; while, Federal Trade Secretary Zafar Mehmood is leading Pakistani side at the talks.
According to Trade Ministry sources, Afghanistan wants Pakistan to allow Indian products to be routed through Pakistan to Afghanistan. However, Pakistan demands to regularize the informal trade; but, Afghanistan is not willing, causing the deadlock in previous rounds of talks.
Besides, Pakistan demanded to stanch smuggling across Afghanistan, the sources added.
Pak-Afghan Transit Trade Talks Today
ISLAMABAD: The fifth round of Pak-Afghan Transit Trade has begun in the federal capital.
Both the countries are mulling over removing stumbling blocks in achieving the trade agreement (ATTA) in the three-day negotiations.
Afghan deputy Trade Minister Adib Farhadi is heading his delegation; while, Federal Trade Secretary Zafar Mehmood is leading Pakistani side at the talks.
According to Trade Ministry sources, Afghanistan wants Pakistan to allow Indian products to be routed through Pakistan to Afghanistan. However, Pakistan demands to regularize the informal trade; but, Afghanistan is not willing, causing the deadlock in previous rounds of talks.
Besides, Pakistan demanded to stanch smuggling across Afghanistan, the sources added.
Pak-Afghan Transit Trade Talks Today was first posted on December 19, 2009 at 12:16 pm.

