The Federal Bureau of Revenue (FBR) has granted permission for Azerbaijani trucks to enter Pakistan under the 2024 Azerbaijan-Pakistan Transit Trade Agreement. The FBR has issued a Statutory Regulatory Order (SRO) under the New Agreement and Transit Trade Rules 2024 covering cargo coming through Karachi Port, Muhammad Bin Qasim Port and Gwadar Port. According to the order, customs processing of transit trade cargo will be done through designated ports using a computerized customs system. Based on mutual cooperation, vehicles registered in Azerbaijan will be allowed to enter Pakistan without the need for financial guarantees for customs duties and taxes. In addition, all carriers and customs clearance will be required to open and maintain a “PD Revolving Guarantee Insurance Account” with customs authorities. Under the new rules, the Directorate General of Reforms and Automation in Karachi will create user IDs for traders, government organisations, the United Nations or diplomatic missions. The required registration form will be submitted electronically in the customs computer system by the relevant Ministry of Azerbaijan. In addition, any vehicle entering or exiting Pakistan will need a valid permit issued by an authorized authority in the prescribed format. The Directorates of Transit Trade at Peshawar, Quetta and Gwadar will be responsible for issuing permits at the respective Land Border Customs. This new arrangement aims to streamline trade and promote cooperation between Azerbaijan and Pakistan and improve the movement of goods between the two countries.
