KARACHI - High Commissioner of India, Dr T C A Raghavan has said that trade turnover between Pakistan and India has improved substantially to $2.5 billion as compared to the past and this year it is expected that Pakistan will be able to enhance its exports to India to $500 million for the very first time.
Sharing views during his visit to the Karachi Chamber of Commerce and Industry (KCCI), the Indian High Commissioner said that the opening of Khokhrapar-Monabao passenger train service has paved way for a host of opportunities for both countries.
India High Commissioner further stressed the need for normal trading activity between the two countries which is essential. In this regard, all issues between the two countries need to be addressed. “We have to be realistic and it is inevitable to resolve all issues including the law and order, terrorism, and the Kashmir issues through dialogue”, he added. Commenting on trade ties between the business communities of the two countries, Raghavan said that the Karachi Chamber of Commerce and Industry’s role in strengthening trade relations between the business communities of both nations will always be the major factor of overall progress in trade ties between Pakistan and India. Efforts must be made by the governments of India and Pakistan to effectively deal with the visa issues, which can only be resolved by working jointly, he added.
Speaking on the occasion, Chairman of Businessmen Group and former president KCCI, Siraj Kassam Teli said that although trade ties between Pakistan and India have improved but lot more needs to be done as it was a long way to go.
There is a need to further accelerate the progress of existing Indo-Pak trade relations and this task should not be left on the governments and bureaucracies of both sides, he added.
President KCCI assured that the chamber is fully committed and always ready to support the Indian High Commission in strengthening trade relations between Pakistan and India.
The meeting was also attended by Vice President KCCI, Muhammad Idrees, Former Presidents KCCI, Haroon Agar, A. Q. Khalil, Haroon Bari, Majyd Aziz, Counsellor–Passports & Visa, Indian High Commission, Dr. Acquino Vimal and other Managing Committee members.