Lahore: India and Pakistan should take more steps to remove non-tariff barriers that have been an impediment to bilateral trade, outgoing Indian High Commissioner has said.

"The Pakistan-India Joint Business Council meeting by the end of this month is likely to come up with more concrete proposals to expedite trade between the two countries," Sharat Sabharwal said during a farewell meeting at the Lahore Chamber of Commerce and Industry (LCCI) on Wednesday.

He also gave credit to the private sectors of the two countries for making right moves at right time to boost trade. “For every step Pakistan takes, India is ready to take two,” he added.

LCCI president Farooq Iftikhar said regular exchange of delegations by both sides will help normalize trade and economic relations. "In fact, we are in favour of regional trade and we are gearing up for fair competition with India. The non-tariff barriers being faced by Pakistani exporters are creating enormous problems," he said.

“Pakistan and India should open consulates in Lahore and Amritsar, respectively, to speed up the process of issuing visas to businessmen,” Iftikhar added.


Latest News from World News Desk