Don’t make LoC trade casualty: Stakeholders

Indo-Pak Tension


Srinagar, Jan 12:  The Cross LoC trade— one of the biggest Confidence Building Measures between India and Pakistan— is fast becoming casualty to ongoing tension between two countries, traders here said today.
 Started with much fanfare, the trade across the LoC, which according to traders here had already largely lost its sheen to “restrictions” put by authorities “has now become the casualty of the ongoing skirmishes on the LoC between the two countries.”
 President, Jammu and Kashmir, Joint Chamber of Commerce and Industry (JK-JCCI), Mubeen Shah, while talking to Greater Kashmir online from Malaysia, said it is unfortunate that the cross LoC has almost become the casualty of the tension prevailing between India and Pakistan.
 Shah said: “Any further escalation in the tension between the two countries can kill the trade which is already suffering from the inherent deficiencies.”
 The Valley-based traders appealed the two countries not to make the cross-LoC trade a casualty.
 Chairman, Kashmir Economic Alliance, Muhammad Yaseen Khan appealed both the governments not to stop the cross LoC trade.
 “The trade has a great potential but unfortunately due to some unknown reasons authorities from both India and Pakistan never allowed it to flourish and now the firing incident has rendered this trade non-functional,” Khan said.
 He said: “It is very disturbing when trade from Punjab and other states can go on with Pakistan, why only trading points in the state are contingent upon the good relations between two countries. There may be diplomatic strain between India and Pakistan but we would want it to be linked to trade.”
 Earlier, on Thursday, Pakistani authorities refused to allow trucks from India carrying goods at Chakan Da Bagh, in the backdrop of tense bilateral relations following ceasefire violations.
  “We have been working tirelessly for the development of cross LoC trade although this trade wasn’t giving any profit to us. But we had given our consent in the hope that it will work as the greatest CBM and reduce tension between India and Pakistan,” said Muhammad Jabar, a cross LoC trader.
 To mention, the governments of India and Pakistan have agreed on 22 items that can be traded along the LoC. However the traders complained that only 2 to 3 were presently being allowed.
  “Most of the items have been unofficially banned by the government. It seems that the government of India and state government do not want to see the LoC trade flourishing,” the traders alleged.
 The traders said even before the tension was triggered between the two countries, the government of India had banned trade of garlic and groundnut leaving just fresh fruits “for us to trade across the LoC.”

Lastupdate on : Sat, 12 Jan 2013 21:30:00 Makkah time
Lastupdate on : Sat, 12 Jan 2013 18:30:00 GMT
Lastupdate on : Sun, 13 Jan 2013 00:00:00 IST

  • StumbleUpon
  • Digg
  • TwitThis
  • Mixx
  • Technorati
  • Facebook
  • NewsVine
  • Reddit
  • Google
  • LinkedIn
  • YahooMyWeb
  • Print News

Enter the Security code exactly as you see it in the image security code is CaSe SeNsItIvE(Cookies must be enabled)

  • Kashmir

20000 health employees go on strike



Srinagar, Jan 12: At least 20000 employees of the Health and Medical Education Department Saturday suspended work and held massive demonstration at the Old Secretariat here following the stoppage of their More

  • Srinagar City

Rise and fall of The Bund

Ill-planning vandalizes Srinagar’s globally famous heritage walkway


DOTTED with towering mighty Chinars and overlooking gushing river Jhelum, The Bund in the heart of Srinagar till a few decades ago was a favorite haunt of nature lovers and British. However, ill-planning More

  • Jammu

NC has strong secular credentials: Rana

Jammu, Jan 12: Political Advisor to the Chief Minister Devender Singh Rana said that history of the state is testimony to the strong secular-democratic credentials of National Conference and the sacrifices More

  • PaK

Arrest of 2 JK residents in Mirpur triggers protest


Muzaffarabad, Jan 12: Authorities in Mirpur on Saturday lodged two visitors from Jammu and Kashmir in judicial lockup for want of a valid visa, triggering strong protest by the activists of nationalist More

Designed Developed and Maintaned By Imobisoft Ltd /Algosol Software Solutions