Friday 13 April 2012

India, Pakistan to open Attari check post for trade today


New Delhi: India and Pakistan will take another step forward in enhancing trade ties. The two countries will formally open the Attari check post on Friday for trade.
The Attari route has hardly been used for trade since 1947. But as the relationship between India and Pakistan improves the Attari check post is expecting big business.
The number of trucks crossing the border daily could go up from the present 150 to 1500 and the trade is expected to rise four times from the current $ 2.6 billion. The number of Integrated Check posts will also go up to 13.
The dampener is that Pakistan is allowing trade in only 137 items. Even so 100 member delegation of Pakistan exhibitors are already in the capital. While hopeful of finding a big market in India they're worried about red tape and immigration restrictions.
The trade between the two countries seems to be at its best right now. But the big worry for these businessmen is whether India and Pakistan will follow India-China model of keeping political issues away from business.

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