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ATTARI: Calling it a major breakthrough, the traders have welcomed Pakistan's decision to provide MFN status to India and hoped it would result in a multifold increase in business between both countries.
Following the decision of Pakistan cabinet, there is an euphoria among importers and exporters of both nations, however Indian businessmen now seek transit route from Pakistan for making their reach to central Asian countries.
Stating that the Pak's decision would open a new era of industrial growth, chairman of Confederation of Indian Industries, Amritsar zone, and director Khannap Papers, Suneet Kochhar said: "After the decision, Pakistan would lose the import restrict from India. At present, Islamabad allows import of only 1,946 items from New Delhi, whereas India does not allow trade of 850 items with Pakistan."
"Now Pakistan must act on giving transit route to India for catering to central Asia," said Suneet, while laying thrust on visa reforms for businessmen.
"Visa policies between two countries should be made lenient and both sides should also remove non-tariff barriers and all other restrictive practices," suggested Kochhar.
Mohmmad Manak, managing director of Lal Shahbaz Traders, Pakistan told TOI over phone that boost in trade would also bring in hope for permanent peace in the region.
"Trade is a key to peace as increased trade will help bring prosperity and more job opportunities," he said.
At present India imports gypsum, rock salt, hydrogen peroxide , soda ash, cement, mulathi (crude drug) dry dates etc from Pakistan, while India exports soybean extract , vegetables , cotton etc said deputy commissioner, customs Attari, RK Duggal. Pakistan has also given transit route to Afghanistan that exports fresh and dry fruits to India. He said with the commissioning of ICP they would be able to handle more than 300 trucks as against an average of about 150 trucks in a day.
While hailing Pak's gesture of giving MFN status to India, the Federation of Karyana and Dry Fruit Commercial Association Anil Mehra said: "This is a long awaited step which will not only encourage trade but also social ties between two nations."
State convener of Pak India People's Forum for Peace and Democracy AS Mahal opined that "This is most encouraging step taken by Pakistan in recent times to further people-to-people contact and prosperity of the region."
He said future could witness more such friendly gestures both from India and Pakistan.
After MFN status, now Indian traders seek transit route - The Times of India
Following the decision of Pakistan cabinet, there is an euphoria among importers and exporters of both nations, however Indian businessmen now seek transit route from Pakistan for making their reach to central Asian countries.
Stating that the Pak's decision would open a new era of industrial growth, chairman of Confederation of Indian Industries, Amritsar zone, and director Khannap Papers, Suneet Kochhar said: "After the decision, Pakistan would lose the import restrict from India. At present, Islamabad allows import of only 1,946 items from New Delhi, whereas India does not allow trade of 850 items with Pakistan."
"Now Pakistan must act on giving transit route to India for catering to central Asia," said Suneet, while laying thrust on visa reforms for businessmen.
"Visa policies between two countries should be made lenient and both sides should also remove non-tariff barriers and all other restrictive practices," suggested Kochhar.
Mohmmad Manak, managing director of Lal Shahbaz Traders, Pakistan told TOI over phone that boost in trade would also bring in hope for permanent peace in the region.
"Trade is a key to peace as increased trade will help bring prosperity and more job opportunities," he said.
At present India imports gypsum, rock salt, hydrogen peroxide , soda ash, cement, mulathi (crude drug) dry dates etc from Pakistan, while India exports soybean extract , vegetables , cotton etc said deputy commissioner, customs Attari, RK Duggal. Pakistan has also given transit route to Afghanistan that exports fresh and dry fruits to India. He said with the commissioning of ICP they would be able to handle more than 300 trucks as against an average of about 150 trucks in a day.
While hailing Pak's gesture of giving MFN status to India, the Federation of Karyana and Dry Fruit Commercial Association Anil Mehra said: "This is a long awaited step which will not only encourage trade but also social ties between two nations."
State convener of Pak India People's Forum for Peace and Democracy AS Mahal opined that "This is most encouraging step taken by Pakistan in recent times to further people-to-people contact and prosperity of the region."
He said future could witness more such friendly gestures both from India and Pakistan.
After MFN status, now Indian traders seek transit route - The Times of India