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Imports decrease compared to the previous year, says ACCI

AT News

Kabul: According to the Afghanistan Chamber of Commerce and Investment, in the last year Afghanistan imported less than one billion dollars of goods from Pakistan, which decrease of more than half from previous year.

The group added that Afghan business has decreased not only with Pakistan but also with other countries.

A member of the board of directors of this chamber said the reduced purchasing power of Afghans, an increase in domestic production, and banking restrictions in Pakistan are the main reasons.

“Approximately, it decreased to 1 billion, it means our imports from Pakistan decreased fifty-five per cent,” Tolo News quoted Khan Jan Alokozai, senior vice-chairman of the ACCI.

“We had more imports from Pakistan in the past but now it is the season for fresh fruit in Afghanistan, so we don’t need to import, we have export now,” said a member of the chamber of commerce and investment.

The Pakistan-Afghanistan Joint Chamber of Commerce said Afghanistan exports to Pakistan increased recently.

The Ministry of Finance numbers showed that increased Afghanistan exports financially help the Afghanistan economics.

“Our imports have decreased but we have increase in our exports compared to previous years,” said Ahmad Wali Haqmal, spokesman of the Finance Ministry.

According to official statistics of the Ministry of Industry and Commerce, Afghanistan exports to Pakistan have reached more than 1.3 billion dollars and are expected to increase.

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