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.
Medical supply factory worth $25 million inaugurated in Kabul
A plasma volume expander producing factory with an investment of $25 million has been inaugurated in Afghan capital Kabul, the Ministry of Industry and Commerce said on Monday.
TJL Pharmaceutical factory, which was built in Pul-i-Charkhi Industrial Park, has the capacity to produce 110,000 bags of different types of plasma volume expander every 24 hours. This factory has provided employment for more than 1,000 people.
Speaking at the inauguration ceremony, Deputy Minister of Industry and Commerce Qudratullah Jamal said: “The private sector has played a very important role in the prosperity of the country and it creates job opportunities for our youths.”
He also asked the people to use domestic products for the development of the country’s industry.
Meanwhile, the industrialists also asked the commerce ministry to pay attention to the distribution of land to the industrialists, the elimination of power outages in industrial parks, and the increase of import tariffs on materials in which Afghanistan is self-sufficient or is becoming self-sufficient.
Plasma volume expanders (PVEs) are fluids given intravenously to increase or retain the volume of fluid in the circulatory system.
Afghanistan exports 150 tons of dried tomatoes to Europe
State-owned corporation Spinzar has dispatched 150 tons of dried tomatoes in the first such consignment to Europe, officials announced Sunday.
“This is a great achievement of the Islamic Emirate which exports vegetables from Afghanistan to European countries,” Abdul Hamid Akhundzada, head of the company said as quoted in a statement issued by the Ministry of Finance.
Spinzar company resumed operations around a year ago after decades of closure.
It also produces and processes cotton, cottonseed oil, sesame and tissue paper.
Members of private security meet with Kazakhstan counterparts
A bilateral meeting between members of the private sectors of Afghanistan and Kazakhstan was held in cooperation with the Ministry of Industry and Trade on Tuesday with the aim of attracting more investment in the country.
At the meeting, representatives of the private sector of the two countries discussed investments in various sectors including the non-alcoholic beverages sector, gemstones stones and minerals, chemical fertilizers, car batteries, clothing and textiles, petroleum products, flour and wheat, the ministry said.
They also discussed tourism, investment in restaurant businesses and food, the ministry added.
Furthermore, the businessmen and investors of Kazakhstan thanked the Afghans for their hospitality and described Afghanistan as a safe place and a suitable environment for business and investment.
Representatives of the private sector of Kazakhstan spoke about holding exhibitions in Kabul, Balkh and Kandahar provinces, adding that in the near future they plan to hold exhibitions of Afghan manufacturing industries in Kazakhstan and an exhibition of Kazakh products in Afghanistan.
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