Islamabad: The Ministry of Commerce has operationalised transit trade to Afghanistan via the Gwadar Port. Trade activity between the two countries through a sea route is unprecedented; making the effort a first in both the neighbours’ economic relations.
The activity was carried out under the Afghanistan-Pakistan Transit Trade Agreement-2010 (APTTA), where a consignment carrying 16,000 metric tonnes of fertiliser and urea arrived at the port on Friday (May 29). Advisor to Prime Minister on Commerce and Investment Abdul Razzak Dawood, in a tweet, called it ‘beginning of a new chapter of trade with Afghanistan via sea route from the Gwadar Port’.
The advisor said that it will again be the first time that the fertilisers will only be packed by the hired local labour. In addition, the loading and offloading tasks will also be handled by these labourers.
In addition to the fertiliser transit, Afghanistan will also be able to receive wheat and sugar via Gwadar Port – where only sealed consignments will be allowed to move.