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ICP opens at Wagah border; to aid Pak textile exports
19
Apr '12
A new Integrated Check Post (ICP) has been opened at Attari Wagah border between India and Pakistan. This historic step is expected to boost trade between India and Pakistan through the land route.

The ICP has been set up by India as a part of its effort to remove non-tariff barriers (NTBs) and to streamline quality control process with Pakistan.

The setting up of ICP is a major step in gradual removal of NTBs and it would greatly boost exports of Pakistani textiles to India, Dr. Mirza Ikhtiar Baig, Advisor on Textile to Federal Government of Pakistan, who attended the inauguration ceremony of the ICP, said.

Speaking to fibre2fashion, Dr. Baig, who is also the Chairman & CEO of Baig Group of Industries as well as Pak Denim, said, “Some NTBs, mainly related to the facilities at the Wagah border, were acting as obstacles in export of goods from Pakistan to India.”

“But, now an integrated cargo terminal has been inaugurated at the Wagah border, which is the second gate allowing import-export between India and Pakistan. The new terminal would enable up to 800 trucks to go in and out daily,” he informs.

Sounding optimistic, Mr. Baig, adds, “With the setting up of the ICP, a major NTB is removed and this will definitely facilitate inspection certificate, quality control certificate, quarantine certificate and so on. Once, all NTBs are removed in true sense, I am sure that trade between India and Pakistan will flourish.”

Mentioning about tariff on textiles and garments, he says, “Currently, India levies a high rate of tariff on textile and apparel products from Pakistan. We are proposing a list of items where the duty is to be reduced. A reduction in import duty by India will increase Pakistani exports to India. Pakistan will also be reciprocating by reducing tariffs for many Indian products.”

Fibre2fashion News Desk - India


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