World News | Pakistan's Trade Disrupted with Afghanistan Via Torkham Border Since Taliban's Takeover

Pakistan's trade disrupted with Afghanistan via Torkham border since Taliban's takeover

Islamabad [Pakistan], August 26 (ANI): Pakistan's export business has been affected since Taliban seized control of Afghanistan, resulting in a delay in the supply of goods to the war-torn country via the Torkham border.

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According to the traders and customs clearing agents at the border crossing, the country's exports and trading activities with Afghanistan have been reduced due to uncertainty and fears caused by the delay in the formation of the new government in Kabul, reported Dawn.

"It's complete chaos in Afghanistan. We don't expect a permanent and secure business strategy from the Afghan Taliban, who seized Kabul early last week after nearly all of the country," exporter and custom clearing agent Mujeebur Rehman said, reported the Pakistani publication.

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The exporter also said that almost all banks, currency exchange markets and business centres were closed in major Afghan cities, including Kabul, so it was not possible for Pakistan exporters to deliver the consignments already booked for Afghanistan and take fresh orders for fear of losses.

"Transactions through banks and other informal channels have completely halted since the Afghan Taliban entered Kabul," he added.

Dawn continued reporting quoting Mujeebur Rehman that most local traders had yet to make any contact with Afghan buyers as a majority of them had either gone into hiding or were unwilling to accept new consignments despite advance payments.

"Full-fledged trading activities will resume only after the new administration in Kabul announces its trade policy and custom duties for Pakistani exporters," he said.

Last week, the terror group entered the presidential palace in Kabul soon after president Ashraf Ghani fled the Afghan capital. The Taliban announced the end of the war and gave general amnesty to everyone. However, Kabul is witnessing chaos as a large number of people have been approaching the Hamid Karzai International Airport in a bid to flee the country. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)