The economic daily Business Recorder reports that Afghan trade is facing massive shocks due to border closures with Pakistan and ongoing Middle East conflicts. Over the past seven months, these compounding crises have resulted in a staggering financial loss of approximately 1.45 billion dollars for the country.
According to the report, Afghanistan lost around 850 million dollars in export and transit revenues alone. An additional 600 million dollars in losses are attributed to the Middle East tensions, which have disrupted exports to the Gulf Cooperation Council markets and driven up logistics and energy costs significantly.
The continuous political standoff involving the United States, Israel, and Iran has evolved into a broader economic crisis. Thousands of transit containers remain stuck at borders, severely impacting transport companies. Despite multiple negotiations between the Taliban government and Pakistani officials, no permanent solution has been reached yet.
#Economy #Afghanistan #Pakistan
🌐
