PHOTO: REUTERSIn a bid to streamline regional connectivity and trade, Pakistan has allowed traders the export settlement of 14 items with Afghanistan in local currency. On his official Twitter handle, the adviser on Friday mentioned that the Ministry of Commerce had been receiving queries about exports to Afghanistan in Pakistani rupee. “We would like to clarify that to ease exports to Afghanistan, the Ministry of Commerce has allowed export settlement of 14 items in Pakistani rupee,” Dawood added. In the past, bilateral trade between Pakistan and Afghanistan was facing severe hurdles, he recalled and added that regional trade and connectivity was crucial for achieving the much-required economic progress. “We must focus on boosting regional trade,” he remarked, adding that Afghanistan carried a huge export potential for Pakistan.

Source: The Express Tribune February 12, 2022 09:20 UTC