LoC trade to be conducted on four weekly days
The number of days for cross-Line of Control trade between Jammu and Kashmir and Pakistan-Occupied-Kashmir (POK) has been increased to four from this week, a senior official said.india Updated: Nov 14, 2011 20:17 IST
The number of days for cross-Line of Control trade between Jammu and Kashmir and Pakistan-Occupied-Kashmir (POK) has been increased to four from this week, a senior official said.
"The trade days have been increased from two to four," Deputy Commissioner Baramulla Bashir Ahmad Bhat said.
He said trade will be carried on four consecutive days each week begining Tuesday.
"Earlier it was for only two days, now the trade between two sides will take place on four days: Tuesday, Wednesday, Thursday and Friday," he said.
The cross-LoC trade, via Salamabad trade facilitation centre in Uri sector of Baramulla district, was otherwise conducted every Tuesday and Wednesday.
The trade is based on the barter system and goods are exchanged for other goods.
Cross-LoC trade was one of the major Confidence Building Measures (CBM) between India and Pakistan launched in 2008.
India and Pakistan in July this year announced additional CBMs related to Kashmir which included increasing cross-LoC trading days.
Meanwhile, the official said the Srinagar-Muzafarabad cross-LoC bus service has been rescheduled to Mondays.
"The bus service has been rescheduled from Thursday to Monday," Bhat said.
First Published: Nov 14, 2011 20:15 IST