In a positive development, Pakistan and Afghanistan to ink historic trade agreement

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In a positive development, Pakistan and Afghanistan to ink historic trade agreement

Pakistan and Afghanistan will finalize the Preferential Trade Agreement (PTA) by the end of January next year.

This was revealed by the Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood. There are also speculations that the governments will sign the review agreement of APTTA in the coming months of 2021.

He said that the boost in trade between Pakistan and Afghanistan will maximize regional economic integration and enhance the connectivity among neighboring countries. ------------------------------

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In a trade dialogue held recently, Pakistan and Afghanistan were mainly focusing on transit, bilateral and informal trade issues, Dawood informed. He further added that the meeting also addressed the opening of the eighth round of the three-day APTTA.

The adviser said that Pakistan has agreed to facilitate Afghan trade through Gwadar and Bin Qasim ports as a good gesture to enhance the economic ties. He also informed that the two countries would finalize the Preferential Trade Agreement (PTA) by the end of January 2021.

The adviser expressed hope that Pakistan and Afghanistan would sign the review agreement of APTTA in the coming months of 2021 and resolve investment-related matters in the recent bilateral dialogue between the countries.

He said that both sides would also discuss access to Indian trade items through mutual borders during the three-day dialogue.