Loc trade: Goods worth Rs30m traded across borders

Trucks carrying fruits, spices, herbs worth Rs30m crossed over to either side of the Line of Control.


Express January 13, 2012

MIRPUR:


Traders from both sides of the Line of Control (LOC) on Friday exchanged goods worth Rs30.64 million, under the barter system, through the historic Rawalakot-Poonch route, officials say.


Twenty-six trucks left the Trade Facilitation Centre
in Poonch city of Indian-held Kashmir to Rawalakot in Azad Jammu and Kashmir, officials told The Express Tribune here late Friday.

The trucks were carrying chilli, cardamom, coriander, onion and tamarind worth Rs10.23 million.

From AJK, 18 trucks shipped almond, dry grapes, dry dates, herbs and kinnow worth Rs20.42 million to the other side of LOC.

Officials from both sides monitored the transportation of goods through Taitrinote-Chakan-Da-Bagh crossing point under the barter system.

Published in The Express Tribune, January 14th, 2012.

COMMENTS (1)

Hedgefunder | 12 years ago | Reply

Very good, this is just a drop in the ocean in terms of trade, however the potential is there for expansion. Perhaps this will help Kashmiris on both sides to see the logic of stability and peace, as trade flourishes.

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