Business
Pakistan eases import process for Afghan traders

In a bid to facilitate trade activities, the Pakistan government has granted a temporary waiver of the Electronic Import Form (EIF) for Afghanistan.
The move was decided during an Afghanistan Inter-Ministerial Coordination Cell (AICC) meeting that was attended by Pakistan’s Special Envoy to Afghanistan Mohammad Sadiq and other high-ranking Pakistani officials.
According to Pakistan media, the waiver, initially granted for 45 days, comes as compliance with the directions of Prime Minister Imran Khan to assist Afghanistan in addressing the impending humanitarian and economic crisis.
As EIFs were not being issued by the corresponding banks to execute transactions for imports, this led to a situation with long queues of cargo vehicles being stuck at Torkham and Chaman border crossings, Pakistan’s Business Recorder reported.
However, now with the introduction of the new measures, imports from Afghanistan will be possible without the mandatory requirement of Electronic Import Form (EIF) as required by the State Bank of Pakistan.
The new initiative will come as a huge relief for Afghan traders and will help to immediately clear hundreds of cargo trucks currently stuck at various border crossings due to the non-availability of EIF.
The decision comes after a visit by Pakistan’s National Security Advisor Moeed Yusuf to Kabul late last month to establish national level coordination mechanisms to enhance ties and trade between the two countries. Yusuf also heads up the newly formed Afghanistan Inter-Ministerial Coordination Cell.
Business
Customs duties on essential food items drops by up to 70%

The Ministry of Finance said that based on the decision of the leadership of the Islamic Emirate of Afghanistan, customs duties on basic food items have dropped by between 50 and 70 percent in the last solar year.
As a result of this decision customs duties have been reduced to the value of 6.7 million afghanis this year, the ministry said.
The decision to decrease customs duties on the food items that include flour, wheat, cooking oil, rice, and sugar, was to keep the prices down on local markets.
Business
Kunduz commerce department’s revenues rise by 48%

Kunduz Directorate of Industry and Commerce officials say their revenues have increased by 48 percent this solar year.
According to officials, the institution has collected more than 12 million Afghanis from the extension and distribution of licenses to manufacturing companies.
Mohammad Rahim Sirat, head of Kunduz Directorate of Industry and Commerce, said they distributed licenses to 112 people and renewed the licenses for 303 people.
Meanwhile, Kunduz Municipality officials also announced that they have collected 120 million Afghanis in 11 months of the current solar year, which shows a 40 percent increase compared to the same period last year.
Tajuddin Sohak, the spokesman for Kunduz Municipality, said they collected 120 million Afghanis this year, which shows a 40 percent increase from 86 million afghanis last year.
But shopkeepers and owners of manufacturing companies in Kunduz complain about the lack of a market for their products. They say that in the past their goods used to be exported abroad, but now exports have declined.
“In the past, we used to export to Iran, Pakistan, and Iraq, but our exports have decreased compared to the past. We ask the government to cooperate with us to provide the basis for export,” Wasim Akram, an entrepreneur, said.
Local officials in Kunduz say they have always tried to facilitate trade. They express hope that in the new year their efforts for foreign marketing of manufacturing companies will produce good results.
Business
IEA leader met customs officials, asked them to provide facilities for merchants

The leader of the Islamic Emirate of Afghanistan, Mawlavi Hibatullah Akhundzadah, met with ministry of finance customs officials on Wednesday and shared necessary guidance and recommendations.
According to the ministry statement, Deputy Minister of Finance for Revenue and Customs, Mullah Muhammad Nasser Akhund, General Director of Customs, Mufti Abdul Matin Saeed, and all the officials of the country’s customs were present in the meeting.
At the meeting, Deputy Minister of Finance for Revenue and Customs and the General Director of Customs of the Ministry presented a detailed report related to their performance since the takeover of the country by the Islamic Emirate and also shared their recommendations for improving related matters with Mawlavi Hibatullah Akhundzadah, the ministry said.
The leader of the Islamic Emirate of Afghanistan pointed out to the officials their assigned responsibilities and gave them the necessary guidance.
“The leader also gave them recommendations in order to provide better services for the Islamic ruling system, treat people well, provide facilities for merchants and other related sectors,” read the statement.
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