Traders exchange Rs5.7m worth of goods across LoC

Goods traded in 10 trucks under watch of AJK and IHK officials.

MIRPUR:


Cross-Line of Control (LoC) traders  carried out trade worth Rs5.7 million through Taitrinote-Chakan-Da-Bagh crossing point on the historic Rawlakot-Poonch route, official sources said.


Sources told this scribe on Friday that goods worth Rs5,749,156 were traded in 10 trucks between Azad Jammu and Kashmir (AJK) and Indian-held Kashmir (IHK), along the LoC, till the stipulated time late Thursday.

Three trucks carrying onions and bananas worth nearly Rs549,600 each rolled out to AJK. From the AJK side, seven trucks carrying herbs and dry dates worth nearly Rs519,556 each were sent to the other side of the LoC.


IHK authorities at the Trade Center in Poonch, however, returned a truck carrying dry dates with the plea that the concerned trader was not available at the trade centre.

The trading activity was monitored by Custodian Abdul Hamid on the IHK side of the border, while Trade Facilitation Officer Arshad Mirza monitored the activity from the AJK side.

The Taitrinote-Chakan-Da-Bagh crossing point at the LoC was opened for trade between 12.45 PM to 12.50 PM; and for a second time from 4.45 PM to 4.47 PM.

Trans-LoC trade by Kashmiri entrepreneurs on both sides of the LoC was initiated on October 21, 2008, and has since been a weekly exercised on the historic Muzaffarabad-Srinagar and Rawalakot-Poonch routes.

Published in The Express Tribune, September 8th, 2012.
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