Imran Khan inaugurates Torkham crossing on Wednesday. Twitter photo
The expanded hours took effect earlier this month on a trial basis and were inaugurated on Wednesday by Pakistani Prime Minister Imran Khan.
"The moment this was opened, trade immediately rose 50 per cent," Imran said of the expanded hours at a ceremony at the border. "We hope that it will bring prosperity to this whole region."
Highways from the Afghan capital Kabul and the Pakistani capital Islamabad pass through Torkham. Before this month, the crossing was open 12 hours a day.
Afghan-Pakistani trade was worth $1.5 billion in 2016, with Pakistan shipments accounting for 80% of it, according to a database compiled by the World Bank, United Nations and World Trade Organisation.
Pakistan PM aims to restart Afghan peace talks
Imran said that his government would try to revive Afghanistan peace talks that recently broke down between the United States and the Taliban militant group.
"I assure you that we will use full force so that these dialogues proceed further. It is unfortunate that these peace talks were suspended," Imran said at a ceremony at Pakistan's Torkham border crossing with Afghanistan.
"We will try our best to revive the Afghan peace process."
US President Donald Trump abruptly cancelled secret talks with the Taliban at his Camp David retreat that were planned for Sept.8 and has since said the talks are "dead."
Imran is scheduled to address the United Nations General Assembly this month.
Imran also said there was "no chance of talks" with India about its clampdown on the disputed territory of Kashmir until it lifted a curfew for people there.
Pakistani PM also directed price control committees to release price lists in their vicinities regularly to put a check on unreasonable price hike of food staples.
Pakistan Prime Minister said those calling him 'selected' were themselves nurtured by dictator, termed money laundering as the basic cause of dollar shortage in the country.
The government has directed all federal ministries and institutions and the governments of four provinces, Azad Kashmir and Gilgit-Baltistan to submit by Sept.1 the declarations of assets held and acquired by their employees during the fiscal year ending June 30, 2019.
In separate office memorandums, the government also notified 15 per cent ad hoc relief allowance (ARA) to the officers in management grades, besides extending the benefit of 5-10pc ARA to selective corporations and autonomous bodies.
The Prime Minister's Office said that Imran Khan has directed all ministries and divisions to submit their one-year performance report. He has instructed the ministries and divisions to highlight five big achievements during the Pakistan Tehrik-e-Insaf government's first year in power by Aug.9
Sharjah Airport, one of the busiest in the region, has received a record 13.6 million passengers in 2019 with an year-on-year increase of 13 per cent compared to 12 million passengers in 2018, it was revealed during a meeting in held in Sharjah.
Britain on Tuesday greenlighted a limited role for Chinese telecoms giant Huawei in the country’s 5G network, insisting that “high risk vendors” would be excluded from “sensitive” core infrastructure.
First Abu Dhabi Bank (FAB), today reported its full year financial results for 2019, announcing a net profit of Dhs12.5 billion, up 4 per cent from Dhs12.0 billion in 2018.