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indo pak trade News

Suspension of cross-LoC trade unfortunate: Mirwaiz Umar Farooq

Hardening its stand against Pakistan, India Thursday indefinitely suspended cross-LoC trade at two points along the Line of Control (LoC) in Jammu and Kashmir effective Friday, following reports that it was being "misused" by elements from across the border to smuggle weapons, narcotics and fake currency.

'Cross-LoC trade continues amid escalating Indo-Pak tension'

The cross-LoC trade via Chakan-da-Bagh Wednesday saw 50 goods laden trucks crossing the LoC. While 34 Indian goods trucks went to PoK, 16 trucks arrived here from the other side. The cross-LoC trade takes place between the two sides four days a week from Tuesday to Friday.

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Chinese cast a shadow on Indo-Pak trade prospects: S Akbar Zaidi

Zaidi believed that the prospect for Indo-Pak bilateral trade was of $10 billion.

Pak promises restriction free trade with India

Bilateral trade between India and Pakistan touched USD 2.6 billion in 2012-13, an increase of 34.4 per cent over last year's USD 1.94 billion.

Bilateral ties with India should move forward holistically: Pakistan

PM Nawaz Sharif had said the decision of granting NDMA status to India was put off due to "lack of consensus".

Pakistan to strike trade deal with new govt in India: Pervaiz Rashid

NDMA is a nomenclature chosen by the Pakistan government to avoid political ramifications at home of giving India the most-favoured nation (MFN) status.

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'Pak security establishment supports trade ties with India'

Pak army believes it will boost country's economy,help create grounds for resolving political disputes.

4-day Indo-Pak trade expo opens today

About 115 companies of Pakistan and India are participating in the four-day Indo Pak trade expo beginning February 23.

'Indo-Pak annual trade potential is $15 bn'

Close to 200 Indian exhibitors are participating in the 3-day India Show organised at the Lahore Expo Centre.

Pak industries view India trade with alarm

Pak Commerce Ministry is in the process of increasing the number of goods India can export to its neighbour.

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