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Assocham to send team to Pakistan

Assocham said it has joined hands with the Karachi Chamber of Commerce and Industry to promote bilateral trade and will send a business team to the neighbouring country in the near future.

business Updated: Jul 19, 2009 12:32 IST

Notwithstanding the stir caused by the India-Pakistan joint statement, Assocham on Sunday said it has joined hands with the Karachi Chamber of Commerce and Industry to promote bilateral trade and will send a business team to the neighbouring country in the near future.

“The chamber has already been invited by KCCI for... business initiatives. A small group comprising Assocham SAARC Committee Chairman Ravi Wig and Secretary General DS Rawat are scheduled to visit (Pakistan) shortly,” the industry body said in a statement.

Welcoming the “resumption of talks” between the two countries, Assocham said along with KCCI, special groups have been set up to strengthen institutional linkages for formulating concrete plan to boost the bilateral trade.

“We strongly believe that relations between the two neighbours must improve and beginning has to be made,” the chamber said, adding the two neighbours “cannot afford to continue to carry past baggage at the cost of their mutual growth and well being”.

The India-Pakistan joint statement at Shram-el-Sheikh on Thursday has created a stir with the Opposition charging that it is a shift in the government policy towards the neighbouring country. The statement issued after meeting between Prime Minister Manmohan Singh and his Pakistan counterpart Yousuf Raza Gilani said action on terrorism should not be linked to the composite dialogue.