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Indian, Pakistani seek to boost trade

08-25-2012 10:06 BJT

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A trade delegation from Pakistan has arrived in the northern Indian state of Punjab to identify import and export potential in the paper mill industry.

The 23-member delegation is led by Chairman of the Pakistan Industrial and Traders Association Front, Sohail Lashari. Lashari said he appreciated that India has a cost effective and high standard of production.

Another member of the delegation stressed that both nations should loosen their visa regulations, especially for the business community. Trade between India and Pakistan is small, limited to 21 items. It is hampered by the fact that it has to be done through a barter system because the two governments refuse to accept the other’s currency.

Editor:Du Xiaodan |Source:

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