Business

PAJCCI’s business friendly efforts lauded by the business community across the border

Web Desk Comment(0)

Karachi, June 21, 2022 (PPI-OT):PAJCCI’s efforts once again realized the fruits for business community in furtherance of trading activities between Pakistan and Afghanistan. Due to constant follow ups, communication and coordination with relevant forums the most pressing issues are now resolved with the support of the Government of Pakistan.

In lieu of halted banking activity and alternate system being worked out, PAJCCI requested further suspension of E-From and EIF after expiry on 30th June 2022 that has been accepted. The notification issued extended it for further 45 days with effect from 1st July 2022. The pending SRO of TAD has also been issued along with process to acquire TAD and its requirements, however, Afghan side has to finalize the process of appointing Transport attachés on priority enabling the business community to reap benefit of free movement of vehicles without obstacles.

PAJCCI is in pursuance of notification for Cross Stuffing which in final process and is expected to be operationalized by July 2022. Moreover, State Bank of Pakistan has issued a detailed written process to manage third party payments to facilitate business community trading with Afghanistan. Barter trade mechanism deliberations also wind-up last week where after cross border negotiations, PAJCCI presented final Pakistan side draft with monitoring matrix to AICC and Ministry of Commerce.

Zubair Motiwala; Chairman PAJCCI thanked and appreciated the support extended by both the Governments and specially Mohammad Sadiq, Chairman Afghan Inter-ministerial coordination committee for regular follow up meetings, stringent oversight and strong monitoring as well as initiating necessary actions where required. PAJCCI continues to make strides in tough times with its resilient and problem-solving approach aimed at building sustainable and time-tested socio-economic relationship between Pakistan and Afghanistan.

For more information, contact:

Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI)

Tel: +92-21-99218024-7

Fax: +92-21-99218028

Email: info@pajcci.com

Website: http://www.pajcci.com/

Web Desk

Related Articles
Business

Concern over impounding of loaded cargo containers

Web Desk

Islamabad, May 24, 2022 (PPI-OT):The business community has voiced concern over the seizing of cargo goods containers by the administration to block roads with a view of stopping the PTI protestors, which is causing colossal losses to the industrialists and exporters. Red Zone, D-Chowk and many entry points in Islamabad had already been sealed by […]
Business

PAJCCI urges Ministry of Commerce for finalizing barter trade mechanism committee to avoid issues of EIF and E form requirement

Web Desk

Karachi, April 15, 2022 (PPI-OT):Zubair Motiwala; Chairman PAJCCI has vociferously urged Ministry of Commerce to take nominate Pakistan side barter trade mechanism committee on priority basis as further delay will surpass waiver extension of EIF and E-Form resulting in suspension of trading activities, loss of revenue and trust of business community which has invested their […]
Business

ICCI rejects 10% super tax on corporate sector and calls for its withdrawal

Web Desk

Islamabad, June 27, 2022 (PPI-OT):The Islamabad Chamber of Commerce and Industry (ICCI) has rejected the imposition of 10 percent super tax by the government on the corporate sector as it would have a serious impact on the large scale industries besides sending negative signals to the potential local and foreign investors. It called upon the […]

Leave a Reply

Your email address will not be published. Required fields are marked *

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.