Pak-India: Liberalised visa policy may take trade to $10b

Published: November 24, 2011
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India would revise the 1974 visa regime soon and liberalise it for the convenience of Pakistan’s business community which would get multiple visas.

India would revise the 1974 visa regime soon and liberalise it for the convenience of Pakistan’s business community which would get multiple visas.

FAISALABAD: 

Indian High Commissioner to Pakistan Sharat Sabharwal has said a liberalised visa policy will help promote commercial and economic relations with Pakistan, which will take bilateral trade to $10 billion from existing $2 billion.

India would revise the 1974 visa regime soon and liberalise it for the convenience of Pakistan’s business community which would get multiple visas, he said during a visit to the Faisalabad Chamber of Commerce and Industry (FCCI) on Wednesday.

“Frequent travellers visiting under business visa are already exempted from the condition of police reporting,” he pointed out.

The visit comes following a series of positive developments to liberalise trade between the two countries. Pakistan will grant India the most-favoured nation (MFN) status and is moving from positive to negative list of trade items which will be prepared by February. At the same time, it has asked India to remove non-tariff barriers that hamper Pakistan’s exports.

In an effort to streamline and enhance trade between the two sides, the high commissioner said work on infrastructure on the Wagha-Attari border was under way, which would be completed by February next year.

Additional reporting by Shamsul Islam

Published in The Express Tribune, November 24th, 2011.

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Reader Comments (1)

  • Shabnum
    Nov 25, 2011 - 6:46AM

    Jamat-ud-Dawa, take your backward mindsets and jump in to the Arabian Sea. We cannot keep relying on unilateral liberalisation from the Indian side, we must wake up and realise what the economic world has known for the past two decades….India isn’t our biggest problem, it is our biggest opportunity. We need new political blood to realise this before it is too late.

    Wazeer-e-azam, Imran Khan

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