Indo-Pak trade to be core issue for discussion during Singh-Zardari meeting: Sources

   Apr 8, 1:16 pm

Lahore, Apr 8(ANI): Pakistan President Asif Ali Zardari is likely to talk about Indo-Pak trade issues at his luncheon with Prime Minister Manmohan Singh.

Sources told the Express Tribune President Zardari and Singh are likely to finalise the date of implementation of the Most- Favoured Nation (MFN) status to India.

Both leaders will provide their assent to a technical draft prepared and agreed upon earlier by commerce ministers of both countries, and discuss and resolve political non-tariff barriers (NTB), sources added.

Indian Commerce Minister Anand Sharma and his Pakistani counterpart Makhdoom almost finalised the draft of the agreement during their last meeting, sources said.

The draft already agreed upon includes Pakistan's assent, in principle, to grant the MFN status to India and a finalised negative list of non-tradeable items, which will be phased out by the year's end. It also includes NTBs, which India will withdraw in the meanwhile.

According to sources, both leaders are also likely to discuss softening of borders and visa relaxation, especially for traders and businessmen, and trade in local currencies.

The added that Zardari will suggest to Singh that traders are stamped a visa at the border, and that banks from both countries open branches in the other country.(ANI)

PayPal to break apart from eBay into separate company Oct 1, 10:50 am
Washington, Oct 01 (ANI): PayPal is set to break apart from the online merchant eBay into a separate publically traded company.
Full Story
Japan develops strong business ties with ASEAN and India Sep 30, 4:49 pm
Tokyo, Sept. 30 (ANI): The Indonesia International Motor Show 2014 at Jakarta International Expo featured 36 automotive brands.
Full Story
RBI's decision to maintain status quo not fully unexpected: Chandrajit Banerjee Sep 30, 4:18 pm
New Delhi, Sept. 30 (ANI): Not much surprised by the fourth bi-monthly monetary policy, Chandrajit Banerjee, Director General of CII said that RBI's decision to maintain status quo on policy rates is not fully unexpected.
Full Story
RBI will not bring down the inflation till six percent inflation is achieved: Market experts Sep 30, 4:18 pm
New Delhi, Sept.30 (ANI): Accepting the unchanged current credit policy of RBI announced today, the market experts Nirav Vakharia and Akash Jindal said here on Tuesday that RBI has already indicated that until the target of six percent inflation is not achieved they are not going to budge from their interest rate line.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY