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Govt sets $5bn export target for Afghanistan in next 3 years: Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood has said the government has set an export target of five billion dollars to Afghanistan in the next three years.

In an interview with a state-owned news outlet, he said the trade between Pakistan and Afghanistan has three dimensions, including transit trade, bilateral trade and informal trade, which needs to be documented as well as modernized with infrastructure.

Abdul Razak Dawood said the informal trade between the two countries last year was two billion dollars, where both sides have more prospects to enhance the bilateral trade volume.

He said the trade could also help to further strengthen relations between two brotherly countries and achieve the agenda of mutual interest.

Replying to a question, he said both sides are negotiating with different stakeholders to finalize the Afghanistan Pakistan Transit Trade Agreement, which will be reviewed in February next year.

The Advisor said both sides are in discussions to remove barriers and overcome hurdles impeding bilateral trade to promote free trade between the two countries.

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