Friday, October 18, 2024

Government allows Exports of 14 items to Afghanistan in Pakistani Rupee

Due to the lack of marketable currency through banking channels, the federal government on Friday permitted the export of another 14 commodities to Afghanistan in rupees via land routes, in what looks to be yet another significant milestone.

Following a sharp drop in shipments to Afghanistan, the decision was made at a meeting of the cabinet’s Economic Coordination Committee (ECC), headed over by Finance Minister Shaukat Tarin.

The Taliban-led administration will also benefit from the decision since it will let them to continue importing crucial food goods from Pakistan until the West recognises their rule.

The decision was made in light of the food crisis and the current situation in Afghanistan, according to the ECC.

Pakistan has taken a number of steps since the Taliban took control of Kabul, including a significant cut in tariffs on Afghan vegetables and fruits. In this regard, the ECC waived a 45 percent tariff on Afghan chilghoza imports.

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