The value of trade between Pakistan and India stood at $527.6 million during the first half of FY12. In a written reply to a question, Federal Minister for Commerce Makhdoom Amin Fahim Friday told the National Assembly that Pakistan''s export to India from July-October 2011-12 stood at $93.6 million while import from India during the same period stood at $434 million.
The ministry is taking necessary measures to narrow the trade gap between Pakistan and India, he added. In this regard, he said during his visit to India, on the request of Pakistan, during the 6th round of talks between the Commerce Secretariats, the Indian side agreed that a delegation comprising various regulatory bodies would visit Lahore and Karachi in the first quarter of 2012 to provide necessary outreach, so that the businessmen in Pakistan are better informed about the regulations.
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