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)

Qantas suffers biggest annual loss of 2.8 billion dollars Aug 28, 5:10 pm
London, Aug 28 (ANI): Australia's national flag carrier Qantas has reportedly suffered its biggest annual loss of 2.8 billion Australian dollars till June this year.
Full Story
New BMW X3 debuts in India Aug 28, 5:10 pm
Noida (Uttar Pradesh), Aug.28 (ANI): A paragon of sporty dynamics, premium ambience and robust agility, the new BMW X3 was launched today at Deutsche Motoren, the BMW dealership in Noida.
Full Story
Embattled Malaysian Airlines opt for giveaways to win back trust Aug 28, 4:10 pm
Sydney, Aug. 28 (ANI): In order to stay afloat from a business point of view, a struggling Malaysian Airlines has opted to cut-price flights and giveaways in order to win back the trust of its customers and crew who have deserted the airline.
Full Story
Expenditure on digital ads to surpass TV in U.S. by 2017: Magna Global Aug 27, 3:34 pm
Washington, Aug 27 (ANI): Expenditure on digital advertising would exceed Television ad spending in the United States in 2017, predicts Magna Global in its recent forecast on Tuesday.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY