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Afghan businessmen lose millions due to Pakistan road closure
The Afghan embassy has asked the Pakistani authorities to pay serious attention to this issue and said Afghanistan is willing to cooperate to resolve trade problems
The Afghan embassy in Islamabad says that a group of people have blocked the road to trucks carrying fresh fruits and vegetables from Afghanistan in the Khyber region of Pakistan.
The embassy said in a post on X that due to the road closure, Afghan businessmen have lost millions of dollars worth of produce.
The embassy said it has discussed the issue with Pakistani authorities many times, but so far no progress has been made in this regard.
The Afghan embassy has asked the Pakistani authorities to pay serious attention to this issue and said Afghanistan is willing to cooperate to resolve trade problems.
Meanwhile in other trade news, reports indicate that transit trade between Pakistan and Afghanistan experienced a significant decline of 59% during Pakistan’s 2023-24 financial year.
Local media reported that Islamabad’s measures to curb smuggling led to a substantial drop in Afghan imports – a drop of $4.21 billion in the 2023-24 fiscal year.
Citing official data, reports stated the transit trade volume of Afghan in this period was $2.89 billion, down from $7.95 billion in the previous fiscal.
Reports indicated that the decline continued into the first month of the new fiscal year, with July 2024 seeing an 83% year-on-year drop in trade, falling to just $9.8 million from $583 million in July 2023.
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Continued aid to Afghanistan vital for regional security: Kazakh president
Kazakhstan’s President Kassym-Jomart Tokayev has emphasized the continuation of humanitarian assistance to Afghanistan, stating that the ongoing provision of such aid plays an important role in ensuring regional security.
Speaking at the international conference “Peace and Trust” in Ashgabat, the capital of Turkmenistan, Tokayev described addressing complex humanitarian challenges and the reconstruction of Afghanistan as a necessity.
“To ensure regional security, we consider it essential to continue providing assistance to Afghanistan, including by strengthening international efforts to address complex humanitarian issues and the reconstruction of this country. Kazakhstan remains committed to supporting the people of Afghanistan through humanitarian aid, educational projects, trade development, and food security initiatives,” he said.
Meanwhile, experts believe that sustainable improvement of the humanitarian situation in Afghanistan requires broad cooperation from the international community and support for the country’s economic development.
“Investment can be defined as one of the fundamental drivers of the economic cycle, and whenever Afghan traders do not take their money out of the country and instead invest domestically, it naturally leads to greater growth and dynamism in Afghanistan’s economy,” said Abdul Zahoor Modabber, an economic analyst.
As the humanitarian crisis in Afghanistan continues, reports by international relief organizations indicate that millions of citizens of the country are in urgent need of food, health, and livelihood assistance.
The reduction in funding for aid organizations, the impacts of climate change, and the return of migrants have increased concerns about a further deterioration of the humanitarian situation in the country.
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Islamic Emirate declines to attend Tehran meeting on Afghanistan
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Sirajuddin Haqqani: A government that intimidates its people is not a true government
Khalifa Sirajuddin Haqqani, Minister of Interior of the Islamic Emirate of Afghanistan, said during a visit to Khost province on Friday that any government which rules through fear cannot be considered a true government.
“A government is one that is loved by its people, one that serves them with respect and compassion, and from whose behavior people learn ethics and sincerity,” he said.
Haqqani also stressed that Afghans who opposed the Islamic Emirate in the past should be tolerated and treated in a way that helps eliminate hostility and animosity, paving the way for national cohesion.
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