Tag: PAJCCI

Karachi, April 18, 2022 (PPI-OT):In meeting with Ministry of Commerce to deliberate upon banking issues while transacting with Afghanistan despite relaxation in OFAC restriction, it was mentioned that still commercial banks and corresponding banks are not supporting the payments leading to significant losses to businesses while affecting exports of Pakistan mainly. Keeping foreign exchange dearth and stagnant bankingRead More…

Karachi, April 15, 2022 (PPI-OT):Zubair Motiwala; Chairman PAJCCI has vociferously urged Ministry of Commerce to take nominate Pakistan side barter trade mechanism committee on priority basis as further delay will surpass waiver extension of EIF and E-Form resulting in suspension of trading activities, loss of revenue and trust of business community which has invested their time, energy and money in sustaining trade Read More…

Karachi, March 28, 2022 (PPI-OT):In coordination with PAJCCI and Ministry of Commerce, a meeting was held with Director Transit Trade Karachi to discuss the process and requirements of free movement of trucks in Pakistan and Afghanistan for smooth activity of bilateral and Transit Trade. The meeting was attended by PAJCCI members, government functionaries from both sides, transporters and bonded carriers. Habib AhmadRead More…

Karachi, March 18, 2022 (PPI-OT): The PAJCCI’s stakeholders meeting initiative reached the next destination of Gwadar, to explore the potential, understand the strategic importance of Pakistan’s second deep sea port and its utility in increasing trade with region including transit trade with Afghanistan and CAR. This meeting is part of PAJCCI’s commitment to connect all chambers with Afghanistan business coRead More…

Karachi, March 15, 2022 (PPI-OT): PAJCCI’s recommendation to form dedicated counters for business visa holders at border crossing has been implemented to facilitate the business community. The first dedicated counter has been made operational at Torkham border crossing.
Zubair Motiwala; Chairman PAJCCI thanked and appreciated Ministry of Interior, Afghanistan Inter Ministerial Coordination Cell, Speaker National AsRead More…

Karachi, March 14, 2022 (PPI-OT):PAJCCI’s continuous efforts in removing trade barriers paid off when the governments of Pakistan and Afghanistan formally agreed and announced the free movement of trucks in both countries carrying goods for bilateral and transit trade.
This is indeed an historic development, remarked Zubair Motiwala; Chairman PAJCCI and appreciated the personal interest and support of Abdul Razzak Read More…

Karachi, March 14, 2022 (PPI-OT):PAJCCI has recently submitted detailed report on high impact issues to honourable Prime Minister, Speaker National Assembly, National Security Adviser and relevant ministries. To deliberate ongoing issues and their solutions, Afghanistan Inter-Ministerial Coordination Cell, led by Moeed Yusuf, arranged a meeting with PAJCCI, MOC, SBP and other relevant government departments.
Most criRead More…

Karachi, January 31, 2022 (PPI-OT):Chairman PAJCCI appreciated the recent decision to add 14 more items to PKR trading category with Afghanistan, as was discussed with honourable Adviser Commerce to Prime Minister, Razzak Dawood. Motiwala apprised that withdrawal of Cash on Counter facility, requirement of advance payments, reluctance of banks to accept third party payment in case of Afghanistan, is adding not only tRead More…

Lahore, January 20, 2022 (PPI-OT):PAJCCI held its 15th stakeholders meeting in Lahore to further the cause of trade and economy as well as to include all stakeholders playing critical role in trade with Afghanistan. Mr. Waqas Mughal, Member Executive Committee and Convener Export Development Committee of Pakistan Coating Association shared the obstacles and opportunities in PAK-Afghan trade, he remarked that major isRead More…

Karachi, January 20, 2022 (PPI-OT):Chairman PAJCCI, Zubair Motiwala has requested urgent meeting with Minister of Finance and Governor State Bank of Pakistan to discuss the issue of declining trade with Afghanistan as a result of recent change in policy and to explore innovative solutions while keeping international conditions imposed by FATF and other global entities.
Business community from both sides has shared thRead More…