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Amin Fahim visit to boost Pak-India bilateral trade

Published Updated

 KARACHI: Federal Minister for Commerce Makhdoom Amin Fahim said Monday that his visit would open avenues for the businessmen of Pakistan and India and boost bilateral trade.

He was talking to media before his departure for Mumbai, India, at Karachi Airport.

The minister is leading a 60-member delegation of Pakistani businessmen on the invitation of Indian Commerce Minister Anand Sharma.

The delegation is consisting of exporters of 28 items including textiles, cement, agro good, plastics, petroleum, engineering, leather, etc.

He said that the visit would be positive and make Pak-India business relations stronger in times to come.

It may be noted that Amin Fahim was the first Commerce Minister who was leading a Pakistani businessmen delegation after a lapse of more than 30 years.

Trade Development Authority of Pakistan (TDAP) has organized this delegation, in collaboration with Federation of Indian Chamber of Commerce and Industry (FICCI) and Pakistan High Commission in India.

More than 250 business-to-business meetings have been arranged between Indian and Pakistani businessmen in Mumbai and New Delhi.

Currently, Pakistan's exports to India stand at $300 million, while the imports from India are more than $1.5 billion. Pakistani side will highlight numerous non-tariff barriers, which are impeding bilateral trade growth during meetings with Indian officials and businessmen.

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