• Home
  • About us
  • National News
  • International News
  • Showbiz & Entertainment
  • Sports
  • Notable Series
  • Eagle eye
  • Business Insider
  • E paper
  • Privacy Policy
  • Contact Us
Wednesday, July 16, 2025
  • Login
Daily Notable
  • Home
  • About us
  • National News
  • International News
  • Showbiz & Entertainment
  • Sports
  • Notable Series
  • Eagle eye
  • Business Insider
  • E paper
  • Privacy Policy
  • Contact Us
No Result
View All Result
  • Home
  • About us
  • National News
  • International News
  • Showbiz & Entertainment
  • Sports
  • Notable Series
  • Eagle eye
  • Business Insider
  • E paper
  • Privacy Policy
  • Contact Us
No Result
View All Result
Daily Notable
No Result
View All Result
Home Blogs & Opinions

How APTTA Has Damaged Pakistan Economy

by admin
April 30, 2025
in Blogs & Opinions
2 min read
0
How APTTA Has Damaged Pakistan Economy
272
VIEWS
Share on TwitterShare on Facebook

*How APTTA Has Damaged Pakistan Economy*

By: Muhammad Salman

The Afghan transit trade was initiated in 1995, when Pakistan and Afghanistan signed a transit trade agreement, which gave Afghanistan duty-free access to Pakistan’s seaports and waived customs duties on Afghan goods passing through Pakistan.

The agreement was revised in 2010, and again in 2021, to include new provisions and regulations.
However, the Afghan transit trade has been a win-win situation for Afghanistan government, terrorist organisations and it’s drug mafia, smugglers and cartels only. In turn, It has caused huge losses to Pakistan’s economy and security.

For News Updates Click Here: 

According to a report by the Directorate General of Trade under the Federal Board of Revenue (FBR), the APTT is causing a substantial loss of billions of dollars to Pakistan’s revenue by distributing smuggled goods within the country without paying customs duties and taxes, among other obligations.

The value of imports under the Afghan transit trade is several times higher than the figures reported.

Pakistan, with a population of 250 million, had considerably lower imports as compared to Afghanistan, which had a population of only 40.1 million.

This trade imbalance is evident in various sectors. For example , in the fiscal year 2022-23, Pakistan imported tires worth $12 million, and fabric worth $83 million, whereas Afghanistan imported tires worth a staggering $92 million and fabric worth a substantial $440 million through Pakistan’s routes. Similarly, Afghanistan, although not a big consumer of black tea, imported tea worth $89 million in the last fiscal year.

The influx of smuggled goods flooding the markets, facilitated through APTT and sold at lower prices, detrimentally impacts Small and Medium-sized industries in Pakistan. This unfair competition puts the local businesses at a disadvantage, as they struggle to compete with the artificially low prices of smuggled items. This, in turn, leads to a reduction in their production capacity and a decline in employment opportunities.

Afghan smugglers convert earned PKR into USD and illicitly transport these funds to Afghanistan. This illicit activity contributes to a shortage of USD in Pakistan, resulting in an increase in the USD exchange rate, depreciation of PKR, and consequently, a surge in inflation, putting pressure on foreign reserves. which further compounds the economic challenges.

Smugglers, mafias, and cartels have become more formidable than those engaged in legal business, creating a negative impact on the business environment in Pakistan. This shift poses challenges and adversely affects the overall economic landscape of the country besides casting a negative effect on morale of law abiding businessmen.

Need Loan Click Here:

The issue of Afghan transit trade has long been a point of contention between Pakistan and Afghanistan, leading to mistrust and resentment.

The recent report released by the FBR sheds light on the alarming scale and consequences of this problem, emphasizing the need for immediate and effective measures. It is imperative for Pakistan and Afghanistan to collaborate and find a solution that benefits both countries, ensuring that the transit trade operates in the best interests of their respective economies rather than serving the terrorists, smugglers and black market mafias.

About Author Salman is a PhD scholar in

Islamia university bahawalpur

ADVERTISEMENT
Previous Post

Cancer A Nightmare few Tips How to prevent it

Next Post

Shahzaib Khanzada Faces Backlash on Social Media

admin

admin

Next Post
Shahzaib Khanzada Faces Backlash on Social Media

Shahzaib Khanzada Faces Backlash on Social Media

Stay Connected

  • 7.8K
    Followers
    7.8K
    Followers
  • 1.7K
    Followers
    1.7K
    Followers
  • 6K
    Followers
    6K
    Followers
  • 2.46K
    Subscribers
    2.46K
    Subscribers
  • 7.6K
    Posts
    7.6K
    Posts
  • Trending
  • Comments
  • Latest
Nuclear Weapons in Developed Countries - Dr Attaulwadood - Daily Notable

Nuclear Weapons in Developed Countries – Dr Attaulwadood – Daily Notable

April 30, 2025
Mirza Anjum Kamal posted as SP/PHP Region Faisalabad -Daily Notable

Mirza Anjum Kamal posted as SP/PHP Region Faisalabad -Daily Notable

April 30, 2025
Destruction at Data Gunj Baksh Zone by Dr Attaulwadood - Eagle Eye - DN

Destruction at Data Gunj Baksh Zone by Dr Attaulwadood – Eagle Eye – DN

April 30, 2025
Bilal despoiled Mall Road DGBZ flashed by Dr. AttaulWadood - Eagle Eye

Bilal despoiled Mall Road DGBZ flashed by Dr. AttaulWadood – Eagle Eye

April 30, 2025
Gastro disease and its effects on Sindh province - Daily Notable

Gastro disease and its effects on Sindh province – Daily Notable

128
Sindh Government ignores measures of Rainfall and Floods - Daily Notable

Sindh Government ignores measures of Rainfall and Floods – Daily Notable

116
E - Learning its advantages and disadvantages - Daily Notable

E-Learning its advantages and disadvantages – Daily Notable

110
Letter To The Editor - Why India And China Fought - Daily Notable

Letter To The Editor – Why India And China Fought – Daily Notable

110
Disastrous Situation In Gaza Demands Immediate Attention

Disastrous Situation In Gaza Demands Immediate Attention

May 20, 2025
Famous Doctor Sheikh Mehmood Killed in Sargodha by Unknown assailant

Famous Doctor Sheikh Mehmood Killed in Sargodha by Unknown assailant

May 19, 2025
AI Diplomacy: Can Machines Shape International Relations

AI Diplomacy: Can Machines Shape International Relations

April 30, 2025
World Health Day 2025: Buzurg Dost Network (BDN) Seminar

World Health Day 2025: Buzurg Dost Network (BDN) Seminar

April 30, 2025

Recent News

Disastrous Situation In Gaza Demands Immediate Attention

Disastrous Situation In Gaza Demands Immediate Attention

May 20, 2025
Famous Doctor Sheikh Mehmood Killed in Sargodha by Unknown assailant

Famous Doctor Sheikh Mehmood Killed in Sargodha by Unknown assailant

May 19, 2025
AI Diplomacy: Can Machines Shape International Relations

AI Diplomacy: Can Machines Shape International Relations

April 30, 2025
World Health Day 2025: Buzurg Dost Network (BDN) Seminar

World Health Day 2025: Buzurg Dost Network (BDN) Seminar

April 30, 2025
Daily Notable

Daily Notable

Follow Us

Browse by Category

  • Art & Culture
  • Blogs & Opinions
  • Books
  • Business Insider
  • Eagle eye
  • Education
  • Gaming News
  • Health Tips
  • International News
  • Legal Eye
  • Letter to Editor
  • National News
  • Notable Classifieds
  • Notable Series
  • Showbiz & Entertainment
  • Sports
  • Uncategorized

Recent News

Disastrous Situation In Gaza Demands Immediate Attention

Disastrous Situation In Gaza Demands Immediate Attention

May 20, 2025
Famous Doctor Sheikh Mehmood Killed in Sargodha by Unknown assailant

Famous Doctor Sheikh Mehmood Killed in Sargodha by Unknown assailant

May 19, 2025
  • Home
  • About us
  • National News
  • International News
  • Showbiz & Entertainment
  • Sports
  • Notable Series
  • Eagle eye
  • Business Insider
  • E paper
  • Privacy Policy
  • Contact Us

© 2020 Daily Notable

No Result
View All Result
  • Home
  • About us
  • National News
  • International News
  • Showbiz & Entertainment
  • Sports
  • Notable Series
  • Eagle eye
  • Business Insider
  • E paper
  • Privacy Policy
  • Contact Us

© 2020 Daily Notable

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In