KABUL (TCA) — Afghanistan’s Chamber of Commerce and Industries (ACCI) on May 14 said that Turkmenistan has reduced tariffs for imports and exports between the two countries, Afghan broadcaster TOLOnews reported.
According to ACCI, the move by Turkmenistan will boost Afghanistan’s exports and the process of imports from Turkmenistan to Afghanistan.
Turkmenistan has decided to ease the process of cross-border trade between the two nations.
ACCI says that Turkmenistan has also committed to helping ensure the security of goods, the maintenance of the railway line and railway wagons, and loading services. Turkmenistan also committed to providing these services to Afghan traders not only in Turkmenistan, but also at Aqina land port.
The tariffs have been reduced by “approximately 50 percent and in some cases they have reduced the expenses more than 50 percent. For instance, whenever we could not manage to unload our wagons within 24 hours, we had to pay $300 USD for that, but now this tariff has been removed completely,” said ACCI deputy chief Khan Jan Alokozai.
Based on ACCI statistics, the volume of exports from Afghanistan to Turkmenistan is not significant, but presently, Turkmenistan is a key corridor for the transit of Afghan products to Turkey and the Russian market.
With the opening of the Turkmenbashi port on the Caspian Sea coast earlier this month, Turkmenistan seeks to become a key transit hub for goods from landlocked Central Asian countries and Afghanistan on their way to Europe.