New Delhi, Nov 28, IRNA — A 10-member trade delegation from Pakistan Wednesday said there is a need to enhance bilateral trade between India and Pakistan.
He termed the bilateral trade to be the most promising factor and the most potent instrument for having better bilateral relations between the two neighbours and facilitate progress in actualizing their strategic partnership for the future.
Farooq was speaking during an interactive session organised by PHD Chamber of Commerce and Industry.
ˈBooming bilateral trade may well be the strongest pillar of Indo-Pak rapprochement so much so that it shall not only overtake the pace of general confidence-building but also have a substantial impact on each other’s mutual perceptions,ˈ said Farooq.
Farooq shared that there is lot of scope for trade in handicraft, textiles, surgical items, sports goods, renewable energy sector and many more.
ˈThere should be maximum dissemination of information between the two countries that could lead to further increase in bilateral trade between the industrialists, businessmen and entrepreneurs of the two sides, with major thrust areas being education, infrastructure, food processing and energy,ˈ he further said.
Speaking on the occasion, N S Aulakh, member, PHD Chamber of Commerce and Industry said, with the thrust on enhancing trade between the two countries in the right direction, ˈwe should explore the possibilities of technology transfer between the two nations now.ˈ
ˈWith the cross border trade especially being brought in for a noticeable transformation, it shall contribute to overall tranquility and peace in the area and shall well facilitate progress in the border areas,ˈ Aulakh added.
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