Businesses, including the persimmon trade, are returning to the region, business owners say.
Pakistan will face long-term economic damage if China goes ahead with its projects, warned a US diplomat.
A revision of the Afghanistan-Pakistan Transit Trade Agreement will help identify and remove hurdles that are unfavourable for current transit trade, officials and businessmen say.
The efforts are aimed at 'providing sustainable livelihood and income opportunities for long-term economic growth' in the region.
The project will bring 6,000 jobs to one of Pakistan's least developed areas.
The government announced plans to slash civil expenditure, freeze military spending, and substantially raise revenues to stem a widening fiscal deficit.
The 'City of Bombs' is now known as the 'City of Flowers' following the defeat of militancy in the region.
The expressway will not only improve relations but promote regional integration as well, officials and business leaders say.
The drive is aimed at making KP self-sufficient in producing fruit, meeting the food requirements of children and providing access to fruit for the general public.
The Naya Pakistan Housing Programme will directly benefit 170 industries, according to economists.