Economic cooperation and trade between Pakistan and Afghanistan
Economic cooperation and trade between Pakistan and Afghanistan have been crucial in strengthening the bilateral ties between the two neighboring countries. The geographical proximity and historical trade relations have created significant opportunities for both nations to engage in mutually beneficial economic activities. Pakistan is Afghanistan's largest trading partner, accounting for a significant share of its imports, especially in essential commodities like food, textiles, and petroleum products. Furthermore, both countries have taken initiatives to enhance regional connectivity through initiatives like the China-Pakistan Economic Corridor (CPEC) and the Afghanistan-Pakistan Transit Trade Agreement (APTTA). However, challenges such as border management issues, political instability, and security concerns have occasionally hampered the smooth flow of trade. Nonetheless, both governments are striving to address these challenges and exploring new avenues for enhanced economic cooperation to unlock maximum potential for trade and regional development.
This mind map was published on 18 July 2023 and has been viewed 103 times.