Rs 2.5 crore goods traded across LoC
Srinagar, Oct 9: The cross-LoC trade between Valley and AJK has picked up the momentum as 82 trucks laden with merchandise were received from the other side this week. “It was record tra...
Srinagar, Oct 9: The cross-LoC trade between Valley and AJK has picked up the momentum as 82 trucks laden with merchandise were received from the other side this week.
"It was record trade this week, for we received as many as 82 trucks from across the LoC," said Muhammad Ashraf Wani, custodian officer for cross-LoC trade at Trade Facilitation Centre, Salamabad, Uri, and general manager DIC Varmul.
He said goods worth over Rs 4 crore were exchanged between two parts of Kashmir this week. Where consignments valuing at Rs 2.5 crore were traded across the LoC on Tuesday, goods worth Rs 1.6 crore were exchanged on Wednesday.
On the first day of the weekly trade, 20 trucks loaded with 1448 quintals of merchandise were dispatched from the Salamabad Trade Facilitation Centre, where as 44 trucks containing 3427 quintals were received from the Chakoti Trade Centre. The goods exported were worth Rs 1.04 crore, where as the goods imported were valuing Rs 1.43 crore.
On Wednesday, four trucks containing 366 quintals were sent across the LoC. The consignments were valuing Rs 31.12 lakh. Meanwhile, goods worth Rs 1,28,59,000 were imported in 38 trucks. The consignments were weighing 30018 quintals.
"This weak 99 per cent of the goods imported comprised of Pakistani moong (green gram), where as only 5 trucks contained almonds, which means merely 840 tons," said Wani.
"And the major exported items were coconut, cardamom (big) and tomatoes," he said.
Wani said the trade was conducted smoothly between the two sides. "The vehicles were dispatched from both the sides on the right time," he said.