Businessmen in India to discuss trade potential

Delegation to meet counterparts in New Delhi.

APP August 05, 2014

ISLAMABAD: In an effort to improve business relations, a task force of the Pakistan-India Joint Business Forum (PIJBF) will meet in New Delhi on August 7 to explore the possibilities for the promotion of auto, engineering and agriculture sector trade between the two countries.

Pakistan Business Council sources told the media on Tuesday that the two-day task force meetings will be followed by another meeting of the PIJBF on August 8.

The Pakistani delegation is also scheduled to visit Pakistan’s high commission in New Delhi on August 6.

The members of the forum from either side will discuss ways and means for accelerating Pak-India bilateral trade.

Implementation on recommendations of task forces, removal of non-tariff barriers and visa related issues will be part of the agenda. The delegation comprises 25 members led by Syed Yawar Ali Shah.

India Pak Joint business forum co-chairman (Indian side) Sunil Kant Munjal, members of the forum and officials from the ministry of commerce and external affairs will represent India at the meeting.

The forum was constituted by the governments of both countries in 2013 by including members from private and public sectors with a view to taking viable practical steps for advancing their trade relations.

The first meeting of the forum was held in Islamabad in June 2013 with the second in October 2013 in New Delhi. The third meeting was held in February 2014 in Lahore.

Member of the forum, Iftikhar Ali Malik who is already heading the SAARC CCI delegation to India will join the meetings from New Delhi.

Published in The Express Tribune, August 6th, 2014.

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