News
Tuesday, May 08, 2012
India eyes $12bn trade with PakistanLAHORE: Indian High Commissioner Sharat Shabarwal on Monday said that India and Pakistan should target $12 billion trade within next five years, asserting, “Our growing economic agenda also includes finalisation of modalities of electricity trade between the two countries and trade in petroleum products.” The Indian envoy was addressing a two-day Pak-India Economic Conference under the theme of ‘Dividends’ at a local hotel on Monday to discuss ways and means to improve and strengthen relations between Pakistan and India. The moot involves Confederation of Indian Industry (CII), Pakistan Business Council (PBC), Trade Development Authority of Pakistan (TDAP) and the National Bank of Pakistan. Shabarwal said that India wanted to build a relationship of friendship and mutually beneficial cooperation with Pakistan. He said that there was a keen desire on both sides to improve trade and economic links, bridge the information gap between business communities and address each other’s concerns.
Courtesy www.dailytimes.com.pk