Construction work starts on customs
KARACHI: The construction work on integrated customs check-posts (ICCP) at Wagah border has been initiated and is likely to be completed before the end of 2011, a top Indian official said on Wednesday.
Indian High Commissioner in Pakistan Sharat Sabharwal, who came to Karachi to attend a ceremony hosted by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), said that the integrated customs check-posts to be fully computerised and equipped with most modern facilities would help trade between the two countries flourish, a statement said.
There was a trade potential of up to $10 billion between the two neighbouring countries and it could easily be materialised through official channels, said Sabharwal.
Trade is the only way to eliminate poverty from the region and elevate the living of at least 350 million people living in absolute poverty in the South Asian region, the Indian envoy said, adding that if India can grow its trade with China to $55 billion in just a brief period then why not with Pakistan.
He agreed to the suggestion of opening Tharparkar-Munabao road link to enhance trade.
Regarding visa problems, he said that he realised the problems being faced by the business community of Pakistan, adding that there is no discrimination between the restrictions and regulations for any country of the world. He said that all the trading partners are being treated equally.
Indian High Commission Islamabad issued 95,000 visas before Mumbai incident. He, however, expressed hope that the same number of visas would be issued this year, as well.
He said that India is issuing more visas than Pakistan High Commission in New Delhi.
Regarding the opening of Indian Consulate in Karachi, he said that the government had accepted this demand and had renovated its consulate building a few years back, but it is still awaiting Pakistan governments approval.
The Indian envoy appreciated the idea of creating SAARC Shipping Line owned by SAARC countries and said that this proposal would be passed on to the quarters concerned.
In his address of welcome, Muhammad Mansha Chhurra, Acting President, FPCCI, expressed dismay over the low volume of trade between the SAARC countries, especially between India and Pakistan.
KARACHI: The construction work on integrated customs check-posts (ICCP) at Wagah border has been initiated and is likely to be completed before the end of 2011, a top Indian official said on Wednesday.
Indian High Commissioner in Pakistan Sharat Sabharwal, who came to Karachi to attend a ceremony hosted by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), said that the integrated customs check-posts to be fully computerised and equipped with most modern facilities would help trade between the two countries flourish, a statement said.
There was a trade potential of up to $10 billion between the two neighbouring countries and it could easily be materialised through official channels, said Sabharwal.
Trade is the only way to eliminate poverty from the region and elevate the living of at least 350 million people living in absolute poverty in the South Asian region, the Indian envoy said, adding that if India can grow its trade with China to $55 billion in just a brief period then why not with Pakistan.
He agreed to the suggestion of opening Tharparkar-Munabao road link to enhance trade.
Regarding visa problems, he said that he realised the problems being faced by the business community of Pakistan, adding that there is no discrimination between the restrictions and regulations for any country of the world. He said that all the trading partners are being treated equally.
Indian High Commission Islamabad issued 95,000 visas before Mumbai incident. He, however, expressed hope that the same number of visas would be issued this year, as well.
He said that India is issuing more visas than Pakistan High Commission in New Delhi.
Regarding the opening of Indian Consulate in Karachi, he said that the government had accepted this demand and had renovated its consulate building a few years back, but it is still awaiting Pakistan governments approval.
The Indian envoy appreciated the idea of creating SAARC Shipping Line owned by SAARC countries and said that this proposal would be passed on to the quarters concerned.
In his address of welcome, Muhammad Mansha Chhurra, Acting President, FPCCI, expressed dismay over the low volume of trade between the SAARC countries, especially between India and Pakistan.