Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
The two countries started the negotiations to normalise trade ties in January 2011. Both sides have already made considerable concessions to each other that include removal of import ban on a number of Indian products by Pakistan and lowering of duties on specific items from Pakistan by India.
Pakistan, which earlier allowed imports of less than 2,000 items based on a positive list of items, now, allows over 6,800 items from India.The current bilateral trade between India and Pakistan is at a low $2 billion. But estimates made by research bodies like ICRIER state that it could grow several times once trade and non-trade barriers are removed.
Commerce Secretaries of both the countries are scheduled to meet on the sidelines of the SAARC trade Ministers’ meeting in New Delhi beginning January 17. Commerce & Industry Minister Anand Sharma and Pakistan’s Minister of State for Commerce Khurram Dastgir Khan are also scheduled to hold a bilateral meeting at the SAARC event.
Sylodium (global import export directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; New Delhi (India) - Islamabad (Pakistan)or any city around the World.
