PAKISTAN ECONOMY

Shoba Bazar, a market for second-hand auto spare parts in Peshawar

epa11602074 A Pakistani vendor works inside a shop selling second-hand auto spare parts at Shoba bazar in Peshawar, Pakistan, 13 September 2024. Shoba Bazar is a mini-motor industrial zone with dozens of shops selling second-hand motor parts such as nuts and bolts to heavy engines, chassis to bearings, wheel drums and springs. Smuggling of auto parts across the Pakistan-Afghanistan border has impacted local manufacturers and the national economy. The Federal Board of Revenue (FBR) estimates that smuggling through Afghan Transit Trade (ATT) results in a loss of billions of rupees annually, with smuggled goods flooding Pakistani markets. EPA/BILAWAL ARBAB

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