Pakistan, Afghanistan announce measures to boost ties
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Pakistan, Afghanistan announce measures to boost ties

Last Updated: Thursday, March 11, 2010, 17:42
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Islamabad: Pakistan and Afghanistan on Thursday announced a slew of measures to boost bilateral ties, including plans to develop roadmap for strengthening transportation links and enhance two-way trade to USD five billion by 2015.

The measures were included in the "Joint Declaration on Next Steps in Afghanistan-Pakistan Comprehensive Cooperation" that was signed by Pakistan Foreign Minister Shah Mahmood Qureshi and his Afghan counterpart Zalmai Rassoul.

As part of efforts to develop a roadmap for strengthening road, rail and air links and upgrading existing facilities, the two countries attached priority to completing the Peshawar-Jalalabad expressway and a feasibility study on the proposed Peshawar-Jalalabad rail link.

The two sides also agreed to start transport corridors on mutually agreed routes and expand aviation links and extend bus services to additional destinations.

The declaration said the two countries will take steps to boost bilateral trade to USD five billion by 2015 and develop plans of action for customs harmonisation and trade facilitation.

They also agreed to make use of the "natural comparative economic advantage of the two countries" to facilitate bilateral trade and to pool public and private corporate resources for reconstruction and development.

In this regard, the two sides will establish a "Silk Route CEOs Forum" and establish a "Pakistan-Afghanistan Reconstruction Consortium."

They will also explore setting up of a joint investment company to undertake projects, including initiatives to develop the region's vast mineral and hydropower wealth.

In the field of energy, the declaration envisages the evolution of joint strategies for "early implementation of trans-Afghan energy projects, with focus on CASA-1000 and the Turkmenistan-Afghanistan-Pakistan gas pipeline."

Pakistan offered to extend assistance to Afghanistan in "setting up new capacity building institutions and upgrading the existing ones."

It also increased the number of scholarships for Afghan students in Pakistani institutions from 1,000 to 2,000.

Islamabad said it would make special arrangements for female Afghan students and set up an Institute on Management, Business Administration and Faculty Training in Afghanistan.

To enhance cooperation in agriculture and food processing, both sides agreed to consider the creation of a "Pakistan-Afghanistan Food Bank" to strengthen food security and to initiate joint research in agriculture and crop substitution programmes.

They also agreed to start a dialogue on environmental protection and mitigating the impact of climate change.

The declaration said "strong Pakistan-Afghanistan ties are important for regional peace, security and development."

Prime Minister Yousuf Raza Gilani and Afghan President Hamid Karzai witnessed the signing ceremony.

Earlier, Gilani and Karzai held a one-on-one meeting focussing on jointly fighting terrorism, strengthening bilateral ties and ways to address regional issues related to peace and security.

PTI

First Published: Thursday, March 11, 2010, 17:42

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