ISLAMABAD: Pakistan and Afghanistan on Thursday extended the ‘Afghanistan-Pakistan Transit Trade Agreement (APTTA) 2010’ for six months beyond May 11, 2021.
The extension was essential to facilitate uninterrupted flow of transit trade between the two countries and to provide sufficient time to technical teams to conclude negotiations on the new APTTA-2021, according to the Ministry of Commerce.
Afghanistan and Pakistan have signed a 6 month extension to the Afghanistan Pakistan Transit Trade Agreement (APTTA), the new APTTA agreement will be signed next month and will lead to a boost in bilateral trade and transit cooperation between the two countries. #EmergingPakistan pic.twitter.com/1ySJcT6BtM
— Emerging Pakistan (@dev9_) July 8, 2021
Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood and Afghan Minister for Industry and Commerce Faizi Ghoryani jointly chaired a virtual ceremony for signing of the ‘Protocol-VI of APTTA 2010’.
Mr Dawood and Afghan Minister Ghoryani appreciated the work of technical teams for the progress attained so far in the negotiations. They directed the technical teams to forge consensus on the outstanding issues in the new APTTA-2021, to ensure its conclusion, signing and notification at the earliest for the benefit of trade, transit, investment and connectivity between the two brotherly countries.