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Indian High Commissioner in Pakistan Sharat Sabharwal will visit Faisalabad Chamber of Commerce and Industry (FCCI) on Monday (17 December) to discuss matters to increase mutual trade between both countries, told Mian Zahid Aslam, President of chamber on Saturday.

He said that Pakistan and India have recently undertaken many initiatives as grant of Most Favoured Nation (MFN) status to India by Pakistan from early next year, and very recently Visa Agreement to ease the travellers of the two countries to visit each other.

He maintained that international trade was passing through massive changes and geographical positioning of global growth poles was shifting towards South Asia. He exhorted that if India and Pakistan manage to promote their trade, this would mean that a huge market of 1.3 billion next to China could be created complementing each other's economy and better life to their masses.

Pakistan with its geographical location can become regional and intra-regional trade hub for Central Asia and Middle East and even a common market can be developed of India, China, Turkey and other countries in the region, he added. He further informed that various suggestions to enhance the bilateral trade between both the neighbouring countries will be discussed with the Indian High Commissioner during the meeting at FCCI.

Copyright Business Recorder, 2012


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