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AFGHANISTAN OFFERS INCENTIVES FOR PAKISTANI INVESTMENT

QUETTA, Sep 11, 2000 (AsiaPulse via COMTEX) -- Afghanistan has offered Pakistani businessmen a 7-year tax-holiday and other incentives for investment, Balochistan Chamber of Commerce and Industries, president, Sardar Mohammed Ali Jogezai, said.

Talking to newsmen on return from Kandahar, he said the Taliban government was keen to improve trade and other economic relations with Pakistan. He said Afghanistan was rich in minerals of high quality and potential, investors could explore the opportunity.

The law and order situation has improved greatly in Afghanistan and the investors could reap a rich harvest, he added.

Sardar Jogezai said Afghan markets have been flooded with Irani goods and Pakistanis could make similar inroads. He said Taliban government has assured there would not be any double taxation in Afghanistan, provided taxes have been paid in Kabul.

He commended Pakistanis who have already set-up big mills in Afghanistan and doing fine.


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