Peshawar: According to the latest news, traders from Pakistan and Afghanistan welcomed the opening of the Ghulam Khan transit route in the North Waziristan tribal district, hoping that it would help raise the declining trade volume between the two countries.
According to them, trade between Pakistan and Afghanistan has been declining for several years, owing to obstacles at Pak-Afghan crossing points and policies in both countries.
President of the Frontier Customs Agents Association (FCAA) in Khyber Pakhtunkhwa (KP), Zia-ul-Haq Sarhadi, praised the government’s decision to open the Ghulam Khan border for Afghan transit trade, saying it would boost bilateral trade.
“Over the last couple of years, trade volume has fallen from less than $2.5 billion to less than $1 billion,” Sarhadi stated.
He mentioned that the distance between Karachi and Gwadar, Pakistan’s third most important border crossing point with Afghanistan, and Kabul will be reduced by around 400 kilometers, significantly lowering transportation costs.
More than 20,000 people in North Waziristan will gain direct and indirect employment as a result of the border opening.