ISLAMABAD, Dec 31 (NNN-APP) – Speaker of Pakistan National Assembly, Asad Qaisar, invited Afghan businessmen to take part in economic activities under the China-Pakistan Economic Corridor (CPEC).
Talking to Afghan Minister of Industry and Commerce, Nisar Ahmad Ghoryani, in Islamabad, Qaisar invited Afghan businessmen to invest in the Rashakai Special Economic Zone (SEZ) in north-western Pakistan to be set up under CPEC, according to a statement.
Qaisar said, economic cooperation between Pakistan and Afghanistan, and improved trade and transit facilities would help to connect Central Asia.
He also proposed the establishment of a border entry point for trade, at Wakhan border, which would also open gates to Central Asia.
“Promotion of trade and economic links between Pakistan and Afghanistan would usher in a new era of socio-economic development, and fighting the scourges of poverty and instability,” the speaker said, adding, the early conclusion of negotiation of Afghanistan-Pakistan Transit Trade Agreement and Preferential Trade Agreement would open new avenues of cooperation between the two countries.
Ghoryani led an Afghan delegation in three-day talks with Pakistani officials, to revise a transit trade agreement over the possibility of a preferential trade agreement and a plan to establish border markets, to facilitate bilateral trade.
He welcomed the speaker’s offer for participation in CPEC and Rashakai Special Economic Zone, saying that issues raised by the speaker would be addressed on his return back home, the statement said.
He informed Qaisar that 80 percent negotiations on the trade agreements have been done and was confident that the same would be signed soon. He said, the Afghan government is committed to boosting trade cooperation for a long-lasting mutually beneficial relationship.
Pakistan and landlocked Afghanistan signed a transit trade agreement in 1965, and it was revised in 2010. Pakistan had been providing a transit facility to Afghanistan under the agreement.– NNN-APP
