04 October, 2012
The governments of India and Pakistan will now be trading more frequently with the opening up of borders and the provision of relaxation in trade-related embargos. For decades, Pakistan and India traded through Dubai, resulting in multiple benefits for Dubai. This is how Dubai became one of the largest trading centres of the 1980s and 1990s. If the governments of these two nations really want to help increase trade, then they should concentrate foremost on logistics and currency exchange services. I suggest that both governments construct a freight train line across their border. The loading stations should have truck parking and storage facilities. This trade route will not only reduce the cost of raw materials, it will also provide a steady stream of income to both the Pakistani and Indian governments.
By providing logistics, currency exchange and a quick clearance facility to traders belonging to these two nations, the governments of Pakistan and India can channel trade between their respective countries and actually make money while reducing the cost of moving goods across nations. This trade facility will provide many direct and indirect jobs in both countries and, best of all, it will help ensure a long and steady peace between these two rival neighbours.
Shahryar Khan Baseer