Pakistan eyes ‘Tax Exemption’ deal with Afghanistan on certain commercial items
ISLAMABAD, AUG 19 (DNA) – Pakistan seeks ‘tax exemption’ mutual deal with Afghanistan on certain commercial items, in a bid to expand trade ties with Kabul.
The move comes after the relations between Kabul and Islamabad became strained over accusations of harboring militants, Pakistan has “stymied” Afghanistan’s efforts to trade with India.
“Pakistan wants to increase exports to [Afghanistan] by exempting tariffs,” said Afghan Economic Expert, Azrakhsh Hafizi. “We should be patient whether to exempt tariffs or not,” he added.
Afghanistan Chamber of Commerce & Industries (ACCI), however, welcomes the expansion of trade relations with Pakistan, but not favoring tax immunity deal with the country.
“It is unacceptable for the government of Afghanistan to exemption taxation on Pakistani [goods] because Pakistan’s exports will increase and it is not in our favor,” said ACCI Spokesman, Seyam Pasarly.=DNA
===============
Related News
FinMin Aurangzeb underscores ‘credibility gap’ affecting relations with IMF
ISLAMABAD, NOV 9 (DNA): Finance Minister Muhammad Aurangzeb has lamented an existing credibility gap withRead More
Malaysia positioned as gateway to ASEAN market for Pakistani businesses, says High Commissioner
ISLAMABAD, NOV 8 /DNA/ – High Commission of Malaysia, Islamabad hosted an engagement attended byRead More
Comments are Closed