PIBC to make proposals to increase Pak-India trade volume

LAHORE, March 1 (APP)- Senior Federal Minister and Minister for commerce Makhdoom Amin Fahim has assigned the task to Pak-India Business Council (PIBC) to make proposals to remove bottlenecks in way of mutual trade between the two countries.

Chairman,PIBC, Noor Muhammad Kasuri told APP here on Sunday that comprehensive proposals will be made in this regard after getting views from important chambers of commerce and industries and other concerned institutions of both the countries.

He said that increase in trade volume between the two countries is in the interest of of people of both the countries adding that PIBC is working on it.

Kasuri said that Pakistan and Indian traders use Dubai and such other channels for trade on which they have to pay freight charges and other expenditures as a result the price of their products increases and the buyers have to suffer.

He said that incase of removal of unnecessary trade barriers between the two countries the people will benefit which, he added, is manifesto of PPP government.

PIBC chairman also welcomed the statement of Indian foreign minister on sincerity of Pakistan’s leadership.

He expressed hope that such a gesture would help in restoring process of composite dialogue between both the nuclear states to improve their relations.

He said that people of Pakistan have expressed concern on hurdles in Pak-India trade and demanded of the Indian government not to block the trade despite incidents of terror.

He said that this is for the first time that people of Pakistan are not willing to sever trade relations despite difficult time in relations between both the countries adding Indian government should feel the change and avail the opportunity for boosting trade.

Source: http://www.app.com.pk/en_/