New Delhi: In an attempt to boost the bilateral ties with its neighbouring country, Indian business delegation under the aegis of Commerce and Industry Minister Anand Sharma will visit Pakistan on February 13. It is likely that important decisions regarding stronger economic linkages between the two countries will be taken.

The flourishing India -Pakistan trade that stood at USD 2.7 billion in 2010-11 may touch USD 10 billion by 2015, if trade and investment barriers are removed.

CII Director General Chandrajit Banerjee said, “To promote trade between the two countries special arrangements will be made for the transportation of treatable items from Wagah border. It is expected that important decision will be taken regarding this in the three day meeting starting from February 13. Moreover, Punjab provinces of both sides need to work together to leverage across-the-border advantages."

According to CII the trade between the two nations has grown exponentially over last few years. The trade balance was heavily in favour of India in 2010-11.  Going by the figures, in 200-11 USD 2.33 billion export and USD 33 crore imports took place between the two nations.

India's top exports to Pakistan include sugar, cotton, man-made filaments and chemicals, while its imports comprise mineral fuels and organic chemicals.

The delegation will include CII President and Tata Steel Vice-Chairman B Muthuraman, Hero Corporate Services Chairman Sunil Kant Munjal and Medanta CMD Naresh Trehan to Pakistan. The visit would include trip to Lahore, Karachi and Islamabad.

Sharma would meet his Pakistani counterpart Makhdoom Amin Fahim to discuss ways to strengthen economic cooperation between the two nations.

JPN/Bureau