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India, Pakistan agree to dismantle trade
barriers
Monday February 13, 2012 08:06:29 PM,
Gyanendra Kumar Keshri, IANS
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Attari-Wagah Border (India-Pakistan
border): India and Pakistan are committed to
dismantling all non-tariff barriers to boost bilateral trade and
strengthen business and economic relations, commerce ministers of
the two countries said Monday.
Commerce and Industry Minister Anand Sharma, who Monday started
his four-day visit to Pakistan, said the government of India was
committed to strengthening bilateral business and economic
relations with Pakistan.
"All barriers of trade will be dismantled," Sharma said in a joint
media briefing with his Pakistani counterpart Makhdoom Mohammad
Amin Fahim after entering Pakistan through the Attari-Wagah road
border crossing.
Sharma is leading to Pakistan the largest Indian business
delegation comprising chief executives of over 100 companies.
"There is an expressed wish and commitment from both the
governments and among us to act and you will see during the course
of this visit there will be new bonds of understanding to
strengthen the relationship," Sharma, who also holds ministry of
textiles portfolio, said.
Pakistan's Commerce Minister Fahim said his government was acting
fast to remove non-tariff barriers.
"We are moving fast and we will reach our targets," Fahim said.
The Indian minister, accompanied by a large delegation of
government officials, mediapersons and business leaders, is on a
reciprocal visit to Pakistan at the invitation of his Pakistani
counterpart.
Fahim, accompanied by 80-member business delegation, visited India
in September last year.
During that visit, the two ministers agreed to increase bilateral
trade to $6 billion in three years from the $2.7 billion mark
recorded in 2010-11.
Both ministers said they were hopeful to achieve the targets of
increasing the bilateral trade.
(Gyanendra Kumar Keshri can be reached at gyanendra.k@ians.in)
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