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High powered Pakistani business delegation meets Ashwani Kumar

27
Apr '07
A high-powered Pakistani business delegation led by Mr. Muhammad Naser Khan, President of Islamabad Chamber of Commerce & Industry called on Dr. Ashwani Kumar, Minister of State for Industry, here.

A part from discussing various business issues, the delegation in particular requested the Minister to ensure that the visa regime for Pakistani businessmen to visit India should become more liberal. Dr. Kumar assured that the government is committed to strengthening trade and economic ties with Pakistan and would take all steps to facilitate the same.

Dr. Kumar said that “great complementarities exist between the two countries and greater trade and cooperation in the sphere of industry would only make both economies more competitive“.

He emphasised that such visits would help to promote people to people contact would consolidate the desire and aspirations of the people of India and Pakistan to promote mutual goodwill and harmony between the two neighbours.

The Pakistani delegation was accompanied by Shri Sanjay Bhatia, President PHD Chamber of Commerce & Industry.

Two-way trade between India and Pakistan has reached a record figure of US $ 977.03 million (April-October 2006). This comprises India's exports to Pakistan valued at US $ 789.13 million and India's imports from Pakistan valued at US $ 187.90 million.

India's imports from Pakistan have been growing at a steady pace – 87% in 2005-06 and 86% in April-October (2006-07).

Press Information Bureau


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