Pak-Afghan-CAR trade potential win win for all
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ISLAMABAD: Finance Minister Ishaq Dar has emphasized increase in trade between Pakistan and Afghanistan.
Addressing a function on Pak-Afghan trade in Islamabad on Tuesday, he said that the bilateral trade volume has risen to $1.84 billion annually from 1.1 billion dollars in 2006. However, the two countries have committed to take it to five billion dollars annually in the next five years.
The Finance Minister said the two countries have huge potential to expand relationship in business and trade. He said trade facilities are being improved at Chaman, Torkham and Wagha border points.
Ishaq Dar said there is great scope for Pakistan, Afghanistan and the Central Asian states to expand multi-lateral ties. He said work on CASA-1000 project is underway, and it will bring 1000 megawatts of electricity to Pakistan, and 300 MW to Afghanistan.
He said China-Pakistan Economic Corridor is going to prove as a great project for regional connectivity and trade.
Speaking about economic reforms in Pakistan, the Minister said macro-economic stability achieved by the present government has been acknowledged in the world.
He said uninterrupted electricity is being supplied to the industrial sector. Power outages have been considerably reduced as a result of effective measures.
Ishaq Dar said Operation Zarb-e-Azb has proved quite effective in eliminating terrorism from the country.
