• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Thursday, February 5, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Transit trade: Afghan CG opposes IDC imposed by KP govt

December 9, 2024
in Business & Finance
Transit trade: Afghan CG opposes IDC imposed by KP govt
Share on FacebookShare on TwitterWhatsapp

PESHAWAR: Afghan Consul General in Peshawar, Hafiz Mohibullah Shakir has opposed imposition of Infrastructure Development Cess (IDC) by Khyber Pakhtunkhwa government on goods being transported to Afghanistan under Transit Trade Agreement.

The Afghan envoy expressed these views while talking with a delegation of Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) which called on him under the leadership of SVP PAJCCI, Zia-ul-Haq Sarhadi, said in a press release here on Sunday. Other members of the delegation included Farooq Ahmad, Director PJACCI, Imtiaz Ahmad Ali, Coordinator PAJCCI, Former President SCCI, Faiz Ahmad Faizi and former VP SCCI, Shuja Muhammad. The Afghan Consul General was assisted by Transport Attaché, Maulvi Said, Muhammad Faiz and Public Relations Officer, Shahid Khan.

Talking to businessmen, the Afghan envoy said enforcement of any levy on transit trade is against the Geneva Convention under which landlocked country Afghanistan is being facilitated for import of goods. He said such decisions have a negative impact on bilateral trade and regional economy. He demanded the KP government to fully abolish the Infrastructure Development Cess which was earlier two percent, but has now been slashed to one percent.

Earlier, the delegation members raised the issues being faced by transporters and traders while transporting goods through Afghanistan. Speaking on the occasion, SVP PAJCCI, Zia-ul-Haq Sarhadi said trucks traveling from Pakistan are only allowed up to Jalalabad city. While for onward transport, he said Afghan trucks must be hired, which is increasing cost and logistical complexities.

Copyright media, 2024

Tags: Hafiz Mohibullah ShakirIDCKhyber Pakhtunkhwa governmentPAJCCItransit trade
Share15Tweet10Send
Previous Post

Punjab Environment Protection & Climate Change Department Offers Job Position in Pakistan

Next Post

US House to vote to provide $3bn to remove Chinese telecoms equipment

Related Posts

China export boost can help shrink trade gap: experts
Business & Finance

China export boost can help shrink trade gap: experts

February 5, 2026
Kazakhstan hints at importing 50,000 tonnes of potatoes
Business & Finance

Kazakhstan hints at importing 50,000 tonnes of potatoes

February 5, 2026
Kazakhstan shows interest in importing 50,000 tonnes of potatoes from Pakistan: ministry
Business & Finance

Kazakhstan shows interest in importing 50,000 tonnes of potatoes from Pakistan: ministry

February 4, 2026
US Treasury chief warns ‘excessive regulation’ can bring stagnation
Business & Finance

US Treasury chief warns ‘excessive regulation’ can bring stagnation

February 5, 2026
New-design currency notes to have enhanced security features, Senate panel told
Business & Finance

New-design currency notes to have enhanced security features, Senate panel told

February 4, 2026
Crescent Steel to discontinue cotton segment as part of strategic shift
Business & Finance

Crescent Steel to discontinue cotton segment as part of strategic shift

February 4, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.