Indo-Pak Commerce Secretaries to meet this month

Last Updated: Monday, September 17, 2012 - 20:00

Islamabad: The Commerce Secretaries of India and Pakistan will hold talks on normalising and boosting bilateral trade in Islamabad during September 20-21.

Indian Commerce Secretary S R Rao will visit Pakistan with an 11-member delegation for the talks with his Pakistani counterpart Munir Qureshi, officials of the Commerce Ministry said Monday.

The two sides will discuss a wide range of issues, including bilateral trade and the grant of Most Favoured Nation-status to India by Pakistan.

Foreign Minister Hina Rabbani Khar recently said Pakistan was committed to fully normalising trade relations with India by giving the MFN-status by the beginning of next year.

Pakistan switched over to a negative list regime for trade with India earlier this year as part of measures aimed at normalising trade relations.

Following talks between Khar and her Indian counterpart S M Krishna in Islamabad earlier this month, the two countries expressed satisfaction at progress made so far in normalising bilateral trade.

"The ministers firmly reiterated that both sides will scrupulously adhere to the roadmap drawn up by the two Commerce Ministers for full normalisation of trade relations," said a joint statement issued after the talks between the foreign ministers.

India and Pakistan have said that they intend to increase bilateral trade from the current level of two billion dollars a year to six billion dollars by 2014.

PTI

First Published: Monday, September 17, 2012 - 20:00

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