{"id":78930,"date":"2021-08-20T15:04:04","date_gmt":"2021-08-20T10:04:04","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=78930"},"modified":"2021-08-20T15:04:09","modified_gmt":"2021-08-20T10:04:09","slug":"afghanistan-reduces-custom-duties-trade-doubles","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/afghanistan-reduces-custom-duties-trade-doubles.html","title":{"rendered":"Afghanistan reduces custom duties on construction materials; trade volume doubles"},"content":{"rendered":"\n<p>Peshawar: The changing political situation in Afghanistan has led to a rise in trade traffic on <a href=\"https:\/\/www.zameen.com\/news\/ml-1-project-include-peshawar-torkham-section.html\" target=\"_blank\" rel=\"noreferrer noopener\">Torkham Boarder<\/a>, where the number of cargo trucks has increased from 70 to 270 within the past 36 hours, according to news sources. The customs officials have reported that that the trade on the Pak-Afghan border has been doubled since the new forces peacefully took control of the Afghan capital.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pak-china-rebuild-afghanistan-cpec-president-alvi.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018Pak, China will rebuild Afghanistan via CPEC\u2019: President Alvi<\/a><\/p>\n\n\n\n<p>This is in addition to the mega development where the new administrative forces in Afghanistan have announced to reduce customs duty on 159 items including cement, glass, steel and food etc. The reduction in customs duty will bring down the rate of construction material in Pakistan as well.<\/p>\n\n\n\n<p>Reportedly, custom duty on reduction will also impact the price of petrol, diesel, electronics and edible items that will be imported to and exported from Afghanistan. The development will lead to a 50-90% drop in prices.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/gwadar-first-transit-trade-consignment-arrives.html\" target=\"_blank\" rel=\"noreferrer noopener\">Gwadar: First transit trade consignment arrives for Afghanistan<\/a><\/p>\n\n\n\n<p>The new administration has stated that the reduced custom duties will decrease the high prices of essential commodities and create a conducive environment for business and trade, while also create new job opportunities.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peshawar: The changing political situation in Afghanistan has led to a rise in trade traffic on Torkham Boarder, where the number of cargo trucks has increased from 70 to 270 within the past 36 hours, according to news sources. The customs officials have reported that that the trade on the Pak-Afghan border has been doubled since the new forces peacefully took control of the Afghan capital. Read: \u2018Pak, China will rebuild Afghanistan via CPEC\u2019: President Alvi This is in addition to the mega development where the new administrative forces in Afghanistan have announced to reduce customs duty on 159 items including cement, glass, steel and food etc. The reduction in customs duty will bring down the rate of construction material in Pakistan as well. Reportedly, custom duty on reduction will also impact the price of petrol, diesel, electronics and edible items that will be imported to and exported from Afghanistan. The development will lead to a 50-90% drop in prices. Read: Gwadar: First transit trade consignment arrives for Afghanistan The new administration has stated that the reduced custom duties will decrease the high prices of essential commodities and create a conducive environment for business and trade, while also create new&hellip;<\/p>\n","protected":false},"author":75,"featured_media":65612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15153],"tags":[47644],"persona":[],"class_list":{"0":"post-78930","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-trade","9":"tag-afghanistan-reduces-custom-duties","10":"cat-15016-id","11":"cat-15153-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Afghanistan reduces custom duties; trade volume doubles - Zameen News<\/title>\n<meta name=\"description\" content=\"Peshawar: The changing political situation in Afghanistan has led to a rise in trade traffic on Torkham Boarder, where the number of cargo trucks has\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/afghanistan-reduces-custom-duties-trade-doubles.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afghanistan reduces custom duties; 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