Peshawar: According to news reports, the shifting political scenario in Afghanistan has resulted in an increase in trade traffic on the Torkham border, where the number of cargo trucks has climbed from 70 to 270 in the last 36 hours. Since the new forces quietly gained control of the Afghan capital, customs officials have reported that trade on the Pak-Afghan border has increased.
This comes on top of the recent announcement by Afghanistan’s new administrative forces to lower customs duties on 159 commodities, including cement, glass, steel, and food.
In Pakistan, the reduction in customs tax will also lower the cost of construction materials.
According to reports, lower customs duties will affect the price of gasoline, diesel, electronics, and edibles imported and exported from Afghanistan. Prices will drop by 50-90 percent as a result of this event.
Reduced customs taxes, according to the new administration, will lower the high prices of critical items and create a favorable environment for business and commerce, as well as new job prospects.