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Tuesday, June 22, 2021

Traders of both sides of Kashmir meet at zero line

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JAMMU: First time after the beginning of cross line of control trade, traders from both side of Kashmir met at zero line to discuss modalities to make the business more fruitful and increase it further the other day. Trade this week also stood at Rs 9.75 crore, just short of Rs 10 lakh record.

Official sources said 83 traders from Pakistan administrated Kashmir (PaK) and 66 from Jammu region attended the meeting held at zero line at Chakan-Da-Bagh this afternoon.

As the trade has been picking up, more businessmen had expressed their desire to join the meeting on both sides and were allowed to attend it. The traders tallies their accounts for past two to three months and discussed future trade including some more items which could be imported or exported under the existing norms.

The meeting went off very well for about three hours in which disputes between eight businessmen of the two sides were sorted out. On the ban imposed on export of dal moong by the PaK administration to this part of divided State, the PaK traders as well as authorities were of the view that it could be lifted only in March provided that there was a bumper crop during the season. The meeting was facilitated by the administration of Poonch and Hajeera.

Meanwhile, trade worth Rs 4.70 crore Wednesday took place on Poonch-Rawlakote route taking cross-LoC business during two days of this week to Rs 9.75 crore. Yesterday, the trade stood at Rs 5.05 crore.-SANA

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