Kabul – Pakistan and Afghanistan have finally signed the Pakistan-Afghanistan Transit Trade Agreement today in Kabul.
The sources said Federal Commerce Minister Makhdoom Amin Fahim and his Afghan counterpart signed the transit deal.Afghanistan President Hamid Karzai and US envoy for Pakistan and Afghanistan, Richard Holbrook were also present on the occasion.It was enshrined in the Memorandum of Understanding (MoU) signed between the two countries that Afghanistan would be entitled to bring its trucks to Wahga borders, where goods would be transported to India onboard Indian vehicles.In return of allowing Afghan-India trade, Pakistan will have access to Central Asian Republics (CAR) through Afghanistan.
The signing of this transit trade agreement will give Afghan export consignments for India access up to the Wagah border.Afghan trucks with export items for India will be allowed to drive through the country to Karachi.
The deal, however, doesn’t allow India a trade corridor through Pakistan to Afghanistan.The trade between India and Afghanistan through sea routes will, however, continue to take place under the previous arrangement.
Earlier this month, Pakistan’s federal cabinet approved the trade agreement, but kept its scope restricted by disallowing the transport of Indian export goods to the war-torn country through its lands.The government had said that Indian containers of export items for Afghanistan would not be allowed to enter through Wagah border
Information Minister Qamar Zaman Kaira told the media after the cabinet meeting the other day that Pakistan would be the ultimate winner of this agreement.