Jammu, Apr 9: A delegation of J&K Joint Chamber of Commerce and Industries (JKJCCI) today presented a memorandum to Chief Minister, Omar Abdullah, raising issues relating to the industry, trade and commerce in the State with special reference to the matters pertaining to current cross LoC trade status.
 Minister for Finance, Abdul Rahim Rather and Minister for Industries, S. S. Slathia were present in the meeting.
 While appreciating “keenness” of Omar Abdullah in the development of industrial sector in the State, President, Joint Chamber, Mubeen Ahmad Shah explained the issues mentioned in the memorandum.
 The delegation sought the help of the Chief Minister in addressing issues relating to Cross LoC trade.
 The meeting discussed issues pertaining to creation of TFC infrastructure and facilities like full body truck, X-ray scanners, storage, security and insurance of goods, additional warehouse, cold storage, medical facilities and accommodation for smooth cross LoC trade.
 The delegation highlighted the need for including more items in trade list, conversion of LoC trade from barter system to “actual trade”, allowing transit trade across the new markets emerging in Central Asia and Middle East.
 The deputation also stressed for creation of communication and banking facilities, promotion of tourism trade, collaboration in the fields of education and healthcare and exploitation of water resources for power generation.
 The Chief Minister, according to the statement, gave a patient hearing to the delegation and said the State Government has “taken up the issue of barter system of cross LoC trade with the Union Government and the State Legislative Assembly has unanimously supported the move.”
 Meanwhile, Honorary Director, Indus Research Foundation (IRF), Zafar Choudhary presented a copy of the survey report on cross LoC trade to the Chief Minister on the occasion. 

Lastupdate on : Mon, 9 Apr 2012 21:30:00 Makkah time
Lastupdate on : Mon, 9 Apr 2012 18:30:00 GMT
Lastupdate on : Tue, 10 Apr 2012 00:00:00 IST