Pakistanis, Indians sign $200m business deals

ISLAMABAD: Pakistani businessmen have struck deals worth $200 million with their Indian counterparts, as the nuclear-armed neighbours inch toward resuming peace talks, a top business leader said on Thursday.

Ilyas Ahmed Bilour, co-president of India-Pakistan Chamber of Commerce and Industries, said the agreements were signed during a visit by a group of Pakistani businessmen to India last month.

“(Bilateral) trade has never stopped in the past nor will do in future,” Bilour told Reuters by telephone from Peshawar.

He said the deals included exports of cotton yarn, dates and salt from Pakistan to India and the import of machinery and other items from India to Pakistan.

Bilour led a delegation of 40 Pakistani businessmen to India in a bid to boost trade ties between the two countries. —Reuters

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