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Dec 1, 2009 >
New Transit Trade Agreement: LC may become mandatory for Afghan importers
New Transit Trade Agreement: LC may become mandatory for Afghan importers
The new Afghanistan Pakistan Transit Trade Agreement (APTTA) may incorporate a new provision, making it mandatory for the Afghan importers to open letters of credit (LCs) of sensitive/smuggling-prone goods being traded under transit facility. Sources told Business Recorder here on Monday that the Pakistani delegation presented this proposal in the last APTTA negotiations held at Kabul.