Latest news with #JointChamberofCommerceandIndustry


Business Recorder
3 days ago
- Business
- Business Recorder
PAJCCI greets new visa policy for Afghan drivers
PESHAWAR: Senior Vice President Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) Zia-ul-Haq Sarhadi has welcomed the decision of Pakistan government of introducing a one year multiple entry visa for Afghan drivers to boost cross border trade. In a bid to enhance bilateral trade and streamline border management, Pakistan has recently announced this policy of granting Afghan drivers and transporters one-year multiple entry visas. 'The step taken by the government would help in reducing the hindrances in Pak-Afghan trade and transit trade by facilitating passage of good laden trucks between the two countries,' Zia commented. Sarhadi who is also Executive Member Sarhad Chamber of Commerce and Industry (SCCI) also made some suggestions of making the new policy more practical and long lasting. He said before this policy, the government had decided to issue TAD-1 documents for Afghan drivers, with one year validity. Initially the visa fee for TAD was set at $100, but then it later it increased creating problems for drivers and traders. He said measures should be taken to ensure implementation of a fixed fee for the new visa issuance policy and drivers should not be compelled to pay additional amounts. He also suggested setting up a desk at Torkham border point for visa issuance and renewal for drivers and cleaners. He recalled the issuance of ''Red Pass' by the Pakistan government in late 80's to people associated with Pak-Afghan trade who keep on travelling across the border for business purposes. Revival of Red Pass policy will also help in expediting cargo travelling procedure and timing in Pak-Afghan trade, Zia opined. He said visiting drivers to embassies for application submission and other formalities will be time consuming and may cause delay in transportation of import-export bound goods between the two countries. Copyright Business Recorder, 2025


Express Tribune
17-04-2025
- Business
- Express Tribune
Economic triangle to reshape regional trade
Listen to article The road transport corridor connecting Islamabad, Tehran and Istanbul, in conjunction with China's Belt and Road Initiative (BRI), will prove to be a game changer by promoting regional trade among the four nations. It was stated by Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) Vice President Zafar Iqbal during a think-tank meeting on Pakistan-Turkey-China tripartite trade on Thursday. He acknowledged that Turkiye, like China, was an all-weather friend of Pakistan and bilateral relations "are now more integrated into international trade because of the China-Pakistan Economic Corridor (CPEC) and BRI, which have created a new opportunity for Turkiye and Pakistan". Turkiye's exports to China could be routed through Pakistan, he pointed out, adding that the Islamabad-Tehran-Istanbul road transport corridor was successfully carrying commercial cargo on Pakistani trucks to Turkiye and vice versa up to Chinese markets. Zafar Iqbal underscored that Pakistan and Turkiye had positive trade relations and investments by Turkish companies in Pakistan increased by over $1 billion. They have also signed a strategic economic framework agreement that covers a broad spectrum of cooperation in science and technology, defence, tourism, education and healthcare. He said that PCJCCI would help enhance Chinese investment to create a sustainable economic triangle.