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Businesses urge joint efforts to boost trade between Pakistan & Afghanistan

Traders from Pakistan and Afghanistan have urged Islamabad and Kabul to set aside the political differences and make joint efforts to boost bilateral and transit trade between the two neighbouring countries. They urged the government of Pakistan to devise a separate policy or mechanism for Afghan traders to pave the way to get them registered with the Securities and Exchange Commission of Pakistan (SECP) and other authorities so they will contribute their share in Pakistan's economy. They also attributed the strict regulations, complicated laws and cumbersome procedures as main hurdles in bolstering Pak-Afghan mutual trade and transit trade. Afghanistan is keen to bolster bilateral & transit trade with Pakistan. In this regard, the Afghan government has taken pragmatic steps and resolved issues of traders' community on priority basis.The promotion of Pak-Afghan trade and economic relations is essential for bringing economic prosperity and development in the whole region, and therefore Kabul is taking serious steps to resolve issues of traders' communities on both sides of the border.