FBR Inaugurates New Customs Port at Angoor Adda to Enhance Trade with Afghanistan
The Federal Board of Revenue (FBR) has launched a new customs port at Angoor Adda at the National Logistic Corporation (NLC) Border Terminal. The new port will enhance trade between Pakistan and Afghanistan.
The FBR has officially designated the Angoor Adda terminal as a customs port. It is located on the border of South Waziristan in Pakistan and Paktika province in Afghanistan. It is one of the steps in the upgrade of border facilities by Pakistan to accelerate customs and boost trade.
In a recent announcement, the FBR has said that in the Customs Act, 1969, the Angoor Adda terminal spanning 194.5 kanals of land is now cleared for loading, unloading, and clearance of goods.
The new port will serve as a key location for trade between the two nations. It will be expected to accelerate customs procedures, enhance transportation, and boost revenue for Pakistan.
The businesses and traders will enjoy quick clearance of their cargo, fostering legal and organized trade at the border.
One FBR official stated that the port will not only facilitate trade but also secure the border and provide improved regulation of goods.
He further added, “This new port will assist Pakistan’s economy by facilitating trade and making it more efficient, along with improving customs duty collection ways.”
Due to its strategic location, the Angoor Adda customs port will help to curb smuggling, facilitate free flow of goods, and generate more revenue for the national treasury.
