India, Pak to ease visa rules for businessmen

The India-Pakistan dargah diplomacy seems to have paid off as both the nations will soon sign an agreement for a new liberalised visa regime for businessmen. Pakistani commerce secretary Zafar Mahmood on Thursday said that the new visa regime will ease the movement of businessmen from both the countries.

Last Updated: Apr 13, 2012, 11:32 AM IST

Zeebiz Bureau

New Delhi: The India-Pakistan dargah diplomacy seems to have paid off as both the nations will soon sign an agreement for a new liberalised visa regime for businessmen. Pakistani commerce secretary Zafar Mahmood on Thursday said that the new visa regime will ease the movement of businessmen from both the countries.

Under the new visa regime, businessmen from either country will be able to get visas for more than one year and can also travel to 10 cities in the respective country that they are visiting .

Mahmood said, “we expect the meeting (between the Interior Ministry of Pakistan and the Home Ministry of India) to take place in April or May, in which it would be formally announced.”

This would come as a welcome step as rules presently mandate for businessmen to stay at just one place where they have work.

A dispute resolution body will also be formed to cut down delays and hassles at customs.

The latest initiative comes just ahead of the inauguration of the integrated check post at Attari-Wagah border today.

Islamabad has already agreed for granting Most Favoured Nation (MFN) status to India.