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Boosting ties: Pakistan-India to open new trade post

28 June, 2011

LAHORE: Pakistan and India on Monday decided to open up another trade point at the Wagah border, to boost trade ties between the two neighbouring countries.

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LAHORE: Pakistan and India on Monday decided to open up another trade point at the Wagah border, to boost trade ties between the two neighbouring countries.

The decision was taken at a meeting held at Wagah border between officials of Pakistan and India. The new point will help facilitate trade and the passage of freedom busses, officials told Our Sources.

The agreement was formalised under the supervision of Pakistan’s joint secretary Shabbir Ahmed and Indian joint secretary K K Mather.

The decision comes after two days of secretary-level talks between the two countries ended on Friday.

The nine-member Indian delegation was headed by joint secretary K K Mather and his Pakistani counterpart joint secretary Chaudhry Shabbir Ahmed.

It was stated in the meeting that the new trade route was being opened because trade at Wagah was affected by parades and other reasons.

With the establishment of the new trade route, the current Wagah border post would solely be used for parades and the entry and exit of delegations.

The next meeting is scheduled to be held on July 23, FIA Assistant Director Chaudhry Zafar Ahmed told Our Sources.

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