Pakistan may enlarge list of import items from India

New Delhi, March 29 | Updated: Mar 30 2006, 05:30am hrs
India will get an opportunity to export more tea to Pakistan with both sides deciding to encourage delegations of importers and exporters of tea to visit each other to facilitate imports. This decision was taken during the third round of the Pakistan-India talks on economic and commercial cooperation within the framework of the composite dialogue in Islamabad earlier this week.The two sides also agreed to expeditiously process applications for opening branches of scheduled banks in each others country.

According to an official release, Pakistan will consider enlarging the list of import items from India in consultation with stakeholders and after fulfilling legal and procedural requirements. The release added that the two countries will identify problems of transportation of goods by train between India and Pakistan. The relevant ministries of both sides had a meeting on the sidelines of the talks and decided to continue the dialogue.

Pakistan and India would constitute a working group to discuss the issues relating to joint registration of Basmati rice as geographical indication, the release said.

The Indian proposal to convene a meeting of the relevant technical level experts at the Attari-Wagah border to facilitate trade including export of transit cargo of Afghanistan, was considered by Pakistan.