LAHORE: President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik on Sunday said proposed US$5bn 754 km long Pak-Afghan Transit Rail link gigantic project will strengthen bi-trade relations besides boosting exports in the region.

Talking to a high level foreign delegation of importers and exporters from UK led by Muhammad Asfund Yar Khan he said it’s good omen that feasibility and survey of the project has been successfully executed by a members of joint team of Pakistan Railways.

Railway link will start from Peshawar and go upto Tarmiz via Jalala Abad- Kabul-Mazaar Sharif, he further said after execution of this multinational vital importance project, an era of prosperity,progress and development will usher in mainly aimed at wellbeing of the people of the region besides private sectors of either countries fully exploiting their potentials can foster trade and provide impetus to exports to flourish in the days to come.

He said SAARC Chamber,an apex body of chamber in the region also lauded the endeavours of Pakistan for facilitating trade among member countries by abolishing some of taxes in addition to completely streamlining the cumbersome procedures.