LAHORE: Joint Economic Zones (JEZs) at the Pak-India borders will promote trade and flow of economic activity between the two states.
The zones would also be a gurantee of peace in the region and emerge as a binding factor between the two nations, said Pak-India Business Council (PIBC) chairman Noor Muhammad Kasuri talking to APP here on Sunday.
He said there was a possibilty of investment of about 40-50 billion $ by the Indo-Pak people living Europe and other countries.
"The PIBC is fully appreciative of the Agri support fund launched by US-AID for poverty alleviation", he said and urged the United States to play a role for setting up JEZs and also provide $1 billion support for setting up infrastructure for these zones.The PIBC would send a formal proposal to US representatives for the region soon, he said.
Kasuri said these zones would play a key role in poverty alleviation and socio-economic uplift of people in both the countries.
The PIBC cahirman said almost trade and industry representative bodies appreciated JEZs between India and Pakistan.
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