SCCI chief regrets dwindling Af-Pak trade volume

PESHAWAR (Pajhwok): A Khyber Pakhtunkhwa business leader has regretted the plummeting trade volume between Afghanistan and Pakistan in recent years.

Sarhad Chamber of Commerce and Industry President Fuad Ishaq linked the dwindling Pak-Afghan trade to the wrong policies of the government.

At a meeting with traders from Peshawar Cantonment, he noted the bilateral trade volume between the neighbours had slumped to $800 million from $3 billion.

Pakistan was earning foreign exchange worth $75 billion through human resources, of which $35 billion were coming through banking channels and $40 billion through other means, he explained.

The SCCI president also rejected the imposition of a fixed tax on traders, and asked the government to immediately withdraw the ‘unnecessary and unjust’ levy.

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