Mian Nasser Hyatt Maggo, President FPCCI, has demanded that State Bank of Pakistan (SBP) and customs department should enable exporters to Afghanistan to conduct their trade transactions under firm contract. Currently, exporters to Afghanistan are only allowed to trade on advanced payment basis, he added.
Mian Nasser Hyatt Maggo reiterated that, few months back, during FPCCI Delegation’s visit to SBP and meeting with the State Bank Governor, this issue was raised and an agreement was reached in principle to allow exports to Afghanistan under Firm Contract. However, customs department is still displaying its inability to allow such arrangements; as it maintains that SBP is yet to issue a formal notification in this regard.
Nasir Khan, VP FPCCI, has emphasized that emerging import gaps in Afghanistan are presenting great opportunities for Pakistani exporters on the back of geographical contiguity brotherly relations between the two countries.
The American author John Maxwell has nicely advised leaders, “You must be big enough to…
As cheers of spectators reverberate, Ravi Jeep Rally becomes more than just a sporting event…
In a welcome development for travelers, flights operated by Pakistan International Airlines (PIA) in the…
“Agriculture, as a sector, hold the key to prosperity, food security, and the socioeconomic upliftment…
Months after a witty, holier-than-thou, jack-of-all-trades caretaker government retreated from the executive, repeated horrors from…
For all those hoping to see matured Pak-India relations enter a new chapter of normalisation,…
Leave a Comment