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2011-04-29

Indo-Pak ties strengthen

At present the Indo-Pak bilateral trade is at 2 billion USD.

Heralding a new beginning Pakistan economic relations Ramu S Deora, President Federation of Indian Export Organisations (FIEO) said that bilateral trade will cross USD 10 Billion in next three years.

"The biggest achievement for us is recognition by Pakistan that grant MFN status would expand bilateral trade re-affirming India's stand," said Deora in a press release today.

He further said that FIEO would be taking steps for setting up joint chamber with its counterpart in Pakistan to facilitate trade.

At present the Indo-Pak bilateral trade is at 2 billion USD.

"Exports of Bt cotton will benefit farmers and consumers in Pakistan and will help in gap in cotton production," Deora added.

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