Traders in Punjab ecstatic over Indo-Pak trade through trucks
November 14th, 2007 - 2:11 am ICT by admin“I think both sides will benefit because Pakistan will be able to get goods and services at a cheaper price. In my interaction with the Lahore chamber of commerce, I had suggested them to allow import of those goods from India which they are importing from elsewhere,” said Gunbir Singh, Chairman of Amritsar Zonal Council of Confederation of Indian Industry.
Punjab Chief Minister Prakash Singh Badal had flagged off the border trade through trucks between India and Pakistan on October 1.
Customs officers in the State said the setting up of hotlines between the two countries has enabled them to quickly sort out any bottlenecks in the passage of goods.
“Now, we have contacts and for sorting out small problems, we are able we are able to do it. And in case there is bottleneck of cargo, which is held up either on our side or on their side, we are able to discuss it out over a hotline and we are able to sort it out and extend the timings, extend the number of trucks moving and that way it is facilitating the trade a lot,” said Sanjay Sharn, Joint Commissioner of Customs in Amritsar.
Officials estimated bilateral trade between India and Pakistan at around 380 million dollars in 2004.
However, barriers to commerce cemented by more than half a century of hostility still forces companies into costly detours via third countries such as Afghanistan or the United Arab Emirates. (ANI)
- New India-Pakistan checkpost to boost trade, travel - Apr 08, 2012
- Amritsar looks at trade revival - with Pakistani help - Dec 20, 2010
- CII looking forward to meeting between Indo-Pak Commerce Secretaries - Apr 25, 2011
- India, Pakistan trade can reach $10 bn by 2015: CII - Feb 09, 2012
- Onion prices may soar as Pakistan bans export via border - Jan 06, 2011
- Onion prices may soar as Pakistan bans export via road, rail (Lead) - Jan 06, 2011
- India, Pakistani troopers exchange sweets on Eid - Nov 07, 2011
- India, Pakistan agree to consider PTA (Lead) - Apr 28, 2011
- Pak denies transit of Indian goods through Wagah border to Afghanistan - Jul 19, 2010
- Cross-LOC trade helps outsiders more, say Jammu locals - Mar 14, 2011
- India, Pakistan to open new gate for trade by April-end - Feb 13, 2012
- Need concrete measures from Pakistan on trade: Anand Sharma - Feb 12, 2012
- 'LoC route being misused by big India, Pakistani traders' - Oct 21, 2010
- Pakistan-Afghanistan trade deal to be challenged in court - Nov 02, 2010
- Commerce Secretary Khullar leaves for Pakistan - Apr 26, 2011
Tags: amritsar, benefit, bilateral trade, border trade, bottleneck, bottlenecks, confederation of indian industry, customs officers, half a century, india and pakistan, inhibitions, lahore chamber of commerce, pak trade, prakash singh badal, punjab chief minister, sanjay, sharn, smooth flow, trade industry, trucks