Increase in import duty may hurt Pak-Afghan trade

F.P Report

ISLAMABAD: Federal government has doubled the regulatory duty on the import of fresh and dry fruits products from Afghanistan.

It was reported that the import of fruits and edible items has been temporarily stopped from Afghanistan because of imposition of 50% regularity duty and it will definitely affect the rising trade deficit of the country.

Sources told that the increasing the regulatory duty on imported items will further increase smuggling culture in the country, and the government must focus on increasing exports by giving more opportunities to local industry to minimize the deficit.

The trade between Afghanistan and Pakistan in also affected in recent days because of border security situation.

Fresh fruits and vegetables are the major products imported from Afghanistan and the imposition and increased the regulatory duty to 50% on these products.