Inaugurating the fair recently, Indian Minister for Parliamentary Affairs, Science, Technology and Earth Sciences Pawan Kumar Bansal said there was potential for bilateral trade to go up to an estimated $6.5 billion from the present $2 billion. “Cross-border trade requires movement of people and investments and both countries are working to boost the potential trade dynamics and economic activities,” he said.
The fair presents an exclusive range of products from almost all regions of Pakistan. Pakistan World Trade and Promotions CEO Khurshid Balras said presently only 5.5 per cent of Pakistan’s trade is done with Saarc countries, though they have a potential to improve trade by 10 per cent due to commonalities in cultures.
Published in The Express Tribune, May 1st, 2011.
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