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India to give APTMA-specific visa facility
12 Nov '12
3 min read
According to the Indian High Commission, some 100 tariff lines will be in the sensitive list and trade tariff will not be more than 5% by April 2013. He said India is in dialogue with Pakistan in the energy sector, particularly in three areas including export of refined petroleum products to Pakistan, supply of 500MW electricity to Pakistan and project for regasified energy i.e. LNG for next five years. He said currently there is excessive trade dependence on sea and rail shipments. It is a need of the hour to increase truck shipments and opening up of more land borders.
He said working on removal of NTBs including customs rationalization, improvement in laboratories and resolution of dispute settlements was under way. He asked the APTMA leadership to bring delegation to India for meeting with counterpart organizations including Confederation of Indian Industry (CII) to initiate dialogue on bilateral trade and investment besides identification of prospective investment projects.
All Pakistan Textile Mills Association (APTMA)
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