FPCCI sets up 5 facilitation centres for Afghan traders

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Lahore

The United Business Group (UBG) of the Federa-tion of Pakistan Chambers of Commerce and Indus-try (FPCCI) has established five facilitation centres, one each at Peshawar, Islamabad, Lahore, Karachi and Quetta, for Afghan importers and exporters for smooth flow of trade between Pakistan and Af-ghanistan.

According to a spokesperson for the UBG here on Friday, Chairman UBG Iftikhar Ali Malik, while talking to a Afghan traders delegation, led by Mus-lim Khan, said that the volume of bilateral trade traffic on both sides would increase massively in the coming days, contrary to fears of reduction in Pak-Afghan trade and transit trade due to the changing situation in Afghanistan.

He said in a couple of days, trade between the two countries had almost doubled since the Taliban seized control.

He said that it’s good omen hat new Afghan gov-ernment in one go reduced customs duties on 159 items in Afghanistan, which included construction, steel, cement, glass, plastic, foams, petroleum prod-ucts and foods.

Iftikhar Malik said if situation improved in coming days, the confidence of local and foreign investors and traders including general Afghan people would be restored.

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