RAWALPINDI: Indian High Commissioner Dr TCA Raghawan has suggested to open new horizons to promote bilateral trade relations between Pakistan and India. He said that SAARC Countries Ministerial level meeting would be held next week in India, in which promotion of bilateral trade relations will remain on top of the agenda.
The high commissioner said trading activities between the two countries has been increased and trade volume between the two countries has reached the figure of $2.5 billion but there are many other opportunities to further enhance the bilateral trade relation.
He was exchanging these views with Rawalpindi Chamber of Commerce and Industry (RCCI) President Dr Shimail Daud Arain during his visit to the chamber on Monday.
Dr Raghawan said RCCI is playing a vital role in developing trade relation between India and Pakistan and the chamber has organised many single country expos in India to promote local products.
He said that issues regarding business visa will be resolved soon and high commissioner is arranging a seminar on the said topic and all the chambers will be invited to attend the seminar. He said that high commission would welcome any of suggestion from the chamber, which can increase the bilateral trade relations.
To a question he said that after getting the status of polio-free country India has decided to bind every individual have to show the Oral Polio Vaccination certification before travelling to India and this condition is not only for Pakistan but all travellers of polio-victimised countries.
Speaking on the occasion the RCCI president has said that RCCI is in favour of giving Most-Favoured Nation status to India and believes in promotion of regional trade.
He said that Pakistan’s major exports to India include fresh fruit, cotton, cement, copper waste, gypsum, ferrous waste of iron and steel, woven cotton fabric, electro medical apparatus, raw hides and skins, leather and inorganic chemicals etc. The total share of Pakistan’s exports to India is just 1.4 percent.
Dr Arain said Pakistan’s business community was committed to have a serious, sustainable and constructive engagement with India, and early and full normalization of relations on the basis of mutual non-interference, peaceful co-existence and respect for each other.
Group Leader Sheikh Shabbir, former presidents, senior vice presidents Malik Shahid Saleem, Vice President Muhammad Aalam Chughtai, members executive committee and other members of the chamber were also present on the occasion.
KARACHI: The index at the Karachi capital market witnessed a downfall during the outgoing week as ...