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2011-07-28

India-Pak trade talks

India Pak Trade talks

Commerce and Industry Minister Anand Sharma has invited Pakistani Minister Makhdoom Amin Fahim to India in September for pacing up commerce between the two countries.

In a letter to Fahim, two days before the India-Pakistan Foreign Ministers' talks, Sharma said the Commerce Secretaries' level talks in Islamabad in April had given a new direction to the bilateral trade ties. Both sides had set timelines for different trade issues.

"I feel it is important and opportune now for us to also engage at the political level so that we can discuss and provide a greater dynamism to our bilateral commercial relationship," Sharma was quoted to have said.

 

The delegation would provide an opportunity to create linkages with the leading chambers of commerce between the nations, he said.

Total trade between the nations has fallen from over USD 2.2 billion in 2008-09 to about USD 1.5 billion in 2009-10.

Earlier in the day, the two countries announced more confidence building measures, including increasing cross-LoC trading days and expanding travel to include tourism and religious aspects.


 

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