October 6, 2023
1 min read

Pakistan Enforces Export Ban on 212 Items to Afghanistan

The ban comes a day after Pakistan imposed a ten per cent processing fee on several items imported under the Afghan transit trade agreement…reports Asian Lite News

Pakistan’s Ministry of Commerce has banned the export of 212 items to Afghanistan, ARY News reported on Thursday.

The country has put a ban on the export of 17 types of clothes, all types of vehicle tires, tea leaves, cosmetics and dozens of toiletries.Similarly, nuts, dry and fresh fruits, home appliances including fridges, refrigerators, air conditioners, juicers, and mixer blenders have also been banned from being taken to Afghanistan.The ban comes a day after Pakistan imposed a ten per cent processing fee on several items imported under the Afghan transit trade agreement.A customs department notification said: “In exercise of the powers conferred by section 18D of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to impose processing fee at the rate of ten per cent ad valorem on the following Afghan transit Commercial goods imported into Afghanistan in transit via Pakistan.”The items affected include confectioneries, chocolates, footwear, various machinery, blankets, home textiles, and garments.Pakistan has formulated a new strategy to curb financial losses to the exchequer from the Afghan transit trade.Sources told ARY News that Pakistan suffered an annual financial loss of Pakistani rupee (PKR) 180 billion from the Afghan transit trade. To curb the financial losses, the Federal Board of Revenue (FBR) formulated a new strategy to stop smuggling of the transit commodities.The documents mentioned that Pakistan would take a 100 per cent guarantee of all luxury items in the Afghan transit trade.The Pakistan government has decided to end the smuggling of luxury items through the Afghan transit trade following the recommendations of the Special Investment Facilitations Council’s (SIFC) apex committee.According to the documents, a ban was imposed on the exports of several luxury commodities including tyres, fabrics, cosmetics, tiles and other items until their clearance from the relevant authorities, as per ARY News. (ANI)

ALSO READ: Poliovirus Strikes Again In Pakistan

Previous Story

Putin Hints at Russia’s Return to Nuclear Testing

Next Story

Fukushima Starts Release of 2nd Batch of Radioactive Water

Previous Story

Putin Hints at Russia’s Return to Nuclear Testing

Next Story

Fukushima Starts Release of 2nd Batch of Radioactive Water

Latest from -Top News

Trump claims permanent Greenland deal

Trump says a new Greenland security agreement will give Washington permanent access, expand US military operations and block adversaries from strategic investments, reports Asian Lite News Desk US President Donald Trump has

India, Thailand Seek Stronger Trade

India and Thailand have discussed strengthening trade and investment ties, with tariff barriers and balanced trade among key areas of focus…reports Asian Lite News Desk India and Thailand have discussed ways to

India, New Zealand FTA Nears Takeoff

India and New Zealand are expected to bring their free trade agreement into force within a month after Wellington’s Parliament approved the pact…report Asian Lite News Desk The India-New Zealand Free Trade

US Targets South African Officials

US visa restrictions on South African officials deepen tensions over race, land reform and Afrikaner rights, as Pretoria rejects Washington’s allegations and defends sovereignty, reports Africa Daily News Desk The United States

Africa’s China Trade Test

China’s tariff-free access opens a vast market for Africa, but governments face pressure to move beyond raw commodities and build higher-value industries, reports Africa Daily News Desk China’s decision to remove tariffs
Go toTop

Don't Miss

India Closely Watches Pakistan-Saudi-Turkey Defence Pact

India is examining the national security and regional implications of

Nawaz Sharif’s Pleas in 2 Graft Cases Restored by Court

The National Accountability Bureau (NAB) informed the bench that it