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In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9] As of April 2015, Pakistan's exports stand at US$29 billion.
The APTTA agreement allows Afghan trucks to transport exports to India via Pakistan up to the Wagah crossing point, [4] [5] but does not offer Afghanistan the right to import Indian goods across Pakistani territory, [15] out of fear that Indian goods would end up on the Pakistani black market in the same manner that was common under the 1965 ATTA.
The Afghanistan–Pakistan Transit Trade Agreement (APTTA) allows Afghan and Pakistani cargo trucks to transit goods within both nations. This revised US-sponsored APTTA agreement also allows Afghan trucks to transport exports to India via Pakistan up to the Wagah crossing point.
A key northwestern border crossing between Pakistan and Afghanistan reopened Friday after a nine-day closure due to clashes between border forces, officials from both sides said. Pakistan shut the ...
[2] [5] The project is part of Corridors 5 and 6 of the Central Asia Regional Economic Cooperation Program (CAREC), which seeks to provide the shortest trade route between Uzbekistan, Tajikistan, Afghanistan, Pakistan and the strategic Arabian Sea to the south. [2] With the exception of Pakistan, the other three countries are landlocked states. [6]
Pakistan's total exports to Nepal are worth US$1.631 million while Nepal's exports to Pakistan tally US$3.166 million. [373] Both countries have recently [when?] stepped up efforts to promote bilateral trade, especially in textiles, oilseeds, extraction of oil and tourism; Pakistan also offered a US$5 million line of credit to Nepal.
Pakistan effectively closed a key northwestern border crossing with Afghanistan to truck drivers on Saturday, Afghanistan's ruling Taliban said. Noor Mohammad Hanif, director of Information and ...
The proposed agreement will provide facilities to Tajikistan to use Pakistan's Gwadar and Karachi ports for its imports and exports while Pakistan will enjoy trade with Tajikistan under terms similar to the transit arrangement with Afghanistan. [119] Trade between Pakistan and Afghanistan is expected to reach $5 billion by 2015. [120]