Afghan-Pak Trade Drops 40 % in 3 Months: PAJCCI

Discussion in 'Afghanistan' started by rock127, Sep 21, 2015.

  1. rock127

    rock127 Maulana Rockullah Senior Member

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    Afghan-Pak Trade Drops 40 % in 3 Months: PAJCCI

    Officials from the Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) said on Monday that trade between the two neighbors has dropped by just over 40 percent in the past three months.

    The officials believe that the recent souring of relations between Afghanistan and Pakistan is largely behind this development and say that Afghan businessmen in particular have reduced the number of products, particularly food, that they import and are instead turning to other regional countries for supplies.



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    There are however other issues that have added to this decrease – issues that include transit problems, the worsening economy and the increase of customs tariffs into the country, said officials.

    However, a widespread, yet informal boycott of Pakistani products is being seen around the country – particularly in Kabul.One city resident, Parwiz Haidari, said his entire family now refuse to buy any Pakistani products. "In the past I bought rice, oil, wheat and other products from Pakistan. Now I look for alternate products from countries such as Russia, Turkey, India and even Kuwait."

    He says the price of goods from other countries might be slightly higher but they are usually of a better quality compared to Pakistani products.

    Last year Afghanistan and Pakistan's trade volume totaled an estimated $9 billion USD – this year however, projections are that this will top no more than $5 billion USD. Already, PAJCCI said the recent move has had a negative impact on factories in Pakistan and resulted in the closure of a number of such businesses in the neighboring country.

    "Now due to Pakistan's agenda towards Afghanistan, there has been a public move to boycott products manufactured in this country [Pakistan]. Because of this the people don't want to use goods from Pakistan. Bad relations between Pakistan and Afghanistan have caused this drop in trade between the two countries. Even a number of Pakistani investors have raised concerns over the issue," deputy chairman of the Afghanistan Chamber of Commerce and Industries (ACCI) Khan Jan Alokozay said.

    As an example, he said that three months ago, more than three tons of oil was being imported into Afghanistan from Pakistan. Today that figure has dropped to just two tons.

    Alokozay said that " Right now even children are refusing to buy Pakistan goods such as biscuits. Because of this, many businessmen have stopped importing goods from Pakistan."

    Meanwhile, officials from the Industries Association are optimist that this will have a positive impact on the domestic manufacturing market. They said: "Right now motivation has been created in the markets to use local products and owners of factories are optimistic over the increase of [sales] of their products."

    Afghanistan Industrial Association (AIA) head Ahmad Sakhi Payman said local manufacturers can use this to their own benefit and increase production in order to serve the local market.

    Importers have meanwhile, turned to other regional markets to fill the gap and are now bringing in goods from Turkey, Iran, China, Turkmenistan, Russia, India and other Asian countries.
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    @Abhijat @A chauhan @Alien @alphacentury @Ancient Indian @anupamsurey @blueblood @brational @Bangalorean @Blackwater @bose @cobra commando @DingDong @DFI_COAS @ersakthivel @gpawar @hit&run @jackprince @Kharavela @Illusive @I_PLAY_BAD @LETHALFORCE @Lions Of Punjab @maomao @Mad Indian @OneGrimPilgrim @Peter @pmaitra @Razor @raja696 @Rowdy @Sakal Gharelu Ustad @sydsnyper @Srinivas_K @Screambowl @sorcerer @Simple_Guy @Sylex21 @wickedone @tarunraju @TrueSpirit2 @thethinker @VIP @Vishwarupa @VIP @Varahamihira @roma

    @Neo @Raja.pakistani @Zarvan @musalman : Comments pleeeej, why Afgan kids refusing even biscuits made in Pakistan?
     
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  3. I_PLAY_BAD

    I_PLAY_BAD Regular Member

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    Afghanistan has many options apart from Pakistan. It is Pakistan which always boasts of Af-Pak brotherhood and tried to hold it. If Pakistan descends into chaos it is very interested to drag down Afghanistan with it.

    Pakistan will pay for its sins. We just have to wait and watch.
     
  4. Mikesingh

    Mikesingh Senior Member Senior Member

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    The problem of trade between India and Afghanistan is the long route via Dubai and Bandar Abbas in Iran which increases transportation costs and finally the cost to the consumer.

    The Pakis don't and won't allow Indo Afghan trade through Pakistan, though they themselves smuggle Indian goods via Afghanistan at exorbitant rates!

    These Pakis due to their one track foreign policy on Kashmir are losing a golden opportunity for trade with India which can touch $20 billion within 5 years. But......
     
  5. I_PLAY_BAD

    I_PLAY_BAD Regular Member

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    What are you talking ?
    For Pakistan $20 billion is nothing compared to Kashmir.
    Trade between India-Paskistan-Afghanistan won't flourish in our life time if we live for , say another 35 years.
     
  6. sorcerer

    sorcerer Senior Member Senior Member

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    :D

    So much for the bloody butterflies preaching peace with pakistan.Good that the Afghan kids know pakistan better than the ruling elite in Afghanistan.

    Since pakistan wont allow Indian produce to take the paki route..India has to pitch in with the domestic industry in Afghanistan.. Manufacture locally and establish a good market for the Afghan consumers.

     
  7. sorcerer

    sorcerer Senior Member Senior Member

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    Nothing beats begging...Begging is better than trading for pakistan..
    pakistan has begging policy when other nations have trade policies.
     
  8. Screambowl

    Screambowl Senior Member Senior Member

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    Because Pakistan wanted to give a message to Afghanistan that, Afghan trade depends on Pakistan. I mean really? Being India in the neighbour how dare Pakis started assuming that? Well very good opportunity for India to expand its market.

    These Pakis sell a lots of Plastic and rubber to Afghanistani local markets. An Afghan told me long time back.
     
  9. Mikesingh

    Mikesingh Senior Member Senior Member

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    So Kashmir is going to make Pakistan a superpower? Is it going to put more food on the table for the poverty stricken people? Simple answer: NO!

    India spends over $8 billion per year in Kashmir in subsidies, aid, grants and infrastructure, ie, over 90,000 crores PKR every year. Can Pakistan afford to dish out even 10% of this dole to Kashmir? Pakistan will go bankrupt! Period!

    And $20 billion is 'nothing'? Pakistan has been begging for even peanuts from the IMF and the US and now literally stuck in a debt trap. It pays more as interest payments to service their borrowings and then borrows more to service interest payments! Jeeez! Pakistan is deep down the rabbit hole which is getting only deeper.

    And Pakistan's tragedy is that even their deeper than the ocean friend - China - has consistently refused to bail Pakistan out forcing it to approach the IMF etc under strict conditionalities.

    So it's high time they wake up and smell the coffee. Paki delusions are spectacular in scope!
     
  10. Rowdy

    Rowdy Co ja kurwa czytam! Senior Member

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    Wait till chaabhar comes 100% online....that will give port access to Afg.... also with Iranian sanctions lifting ... get ready p0rkies.
     
    blueblood likes this.
  11. I_PLAY_BAD

    I_PLAY_BAD Regular Member

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    Though Kashmir will not make Pakistan a superpower but it will satisfy their ego that they had defeated India and taken back what is theirs rightfully. The statements made by the pig-face Raheel Sharif shows this attitude.

    When I say attitude of Pakistan, it is the army's and not the civilian Government's. It was always.

    So Pakistan is in a never ending loop to regain Kashmir and they will continue to pursue it till the last drop of their blood.

    India has to be proactive and try to destabilize Pakistan so that they have to be very very busy with their internal issues. Already Taliban is playing spoil sport in Pakis' plans and India has to add fuel to the fire.

    We must encourage Pakistan's disintegration. That is the only solution to defeat Pakistan without resorting to war.
     

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