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Afghanistan-Pakistan Past Relationship and APTTA
28 Oct 2010 APTTA- Afghanistan Paksitan Transit Trade Agreement
Helpful to Pakistan: 1) Trade Increases among Pakistan and Lanlocked Neighbours-Central Asian countries. 2) 1965: Survival War by Pakistan helped by King Zahir Shah and vice versa in 1979 by Pakistan. Benefits of trade: 1) Import tariff price up-to 2 billion by 2012. 2) Route to Khyber Pakhtunkhwa to have a trade as they are farther from seaport. 3) Pakistan's freights export to Afghanistan and Central Asian Republics(CARs). 4) Transit Trade to India through land-route: Wagha Border, making earniest relations with it. Disadvantages: 1) Smuggling through Durand Line. 2) Imported freight re-routed to Khyber Pakhtoon and re-exported to Pakistan as Afghan Trade Custom Duty is one Fourth of Pakistan's Custom Levy--0.08 per cent per good. 3) India may approach to Afghanistan and CARs states through Pakistan's land routes without paying tax-according to this trade agreement. Valuable comments and additions would be appreciated. Regards: |
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