ISLAMABAD, The Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) has publicly condemned the recent issuance of several Statutory Regulatory Orders (SROs) by the Pakistani government, which have caused significant distress in the business communities across Pakistan and Afghanistan. Junaid Makda, the President of PAJCCI, expressed deep concern over these developments and their potential impact on bilateral trade and economic cooperation.
According to a Pakistan Afghanistan Joint Chamber of Commerce & Industry (PAJCCI), the specific SROs causing alarm include SRO No. 1397(I)/2023, SRO 1380(I)/2023, SRO 1401(I)/2023, and SRO 1402(I)/2023. These orders have led to widespread consternation among the business communities in both countries, raising challenges and uncertainties for businesses and trade relations across the border. The PAJCCI has voiced strong objections to these measures, citing their detrimental impact on economic relations between Pakistan and Afghanistan.
The Chamber asserts that the maintenance and enhancement of economic ties between Pakistan and Afghanistan are crucial for the prosperity and well-being of the people in both nations. It has urged the authorities to reconsider the implications of these SROs on bilateral and transit trade, as well as on broader economic cooperation. While acknowledging that regulatory measures are often necessary to protect national interests, PAJCCI believes that such actions should be carefully weighed against their potential impact on trade and commerce.
PAJCCI is calling for an open dialogue and a collaborative approach to address the concerns of the business communities affected by these SROs. The organization is committed to working with relevant authorities and stakeholders to create an environment that supports business growth and mutual prosperity.
Concluding its statement, PAJCCI reaffirms its dedication to promoting economic cooperation and trade between Pakistan and Afghanistan. The Chamber believes that by jointly addressing the challenges presented by the recent SROs, both nations can build a more resilient and prosperous future across the border.
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