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MFN announcement leaves Indian traders overjoyed

Welcoming the move of Pakistan to grant the Most Favoured Nation (MFN) status to India, the Indian traders are overjoyed and feel that this would further strengthen trade relations between two nations and Attari road route can be a big gateway.

Updated on: Nov 03, 2011 07:54 PM IST
Hindustan Times | By , Amritsar
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Welcoming the move of Pakistan to grant the Most Favoured Nation (MFN) status to India, the Indian traders are overjoyed and feel that this would further strengthen trade relations between two nations and Attari road route can be a big gateway.

HT Image
HT Image

The Attari-Wagah land border has over the years seen trade movement between the two nations. And the trade that started off slowly few years has taken a gigantic leap and now the border currently sees long queues of trucks carrying goods.


The Indian export apart from fresh vegetables comprises of huge quantity of soyabean. In the past it has been seen that vegetables including ginger, tomatoes, green chillies, onions also have crossed over to Pakistan. And on demand even meat has been exported.

Whereas, India is currently receiving fresh fruits, dry fruit, dry date, gypsum, rock salt and some other items.

The figures indicate that every year both exports and imports between the two nations is growing rapidly.

And with the Pakistan giving MFN status to India, the trade through this land route is expected to go further high.

It is also stressed that now Pakistan must allow Indian trucks to travel up to Central Asia so that the Attari turns into a major gateway to Central Asian nations.

With the duties expected to come down and infrastructure already gearing up, this land border of Punjab is likely to see lot of activity, feel the traders.

Already the border is witnessing Integrated Check posts coming up on the both the sides of the border, the MFN will lead to full use of this infrastructure.

The traders also stressed that MFN will also lead to relaxation of visa policy and with mutual business visits; both Lahore and Amritsar can flourish further.

Not only land route, the India and Pakistan also exchange goods through the rail route. The goods trains ply between the both nations and a variety of goods are exchanged.

India is a major imported of Pakistani cement, which comes through the train.

 
ABOUT THE AUTHOR
Aseem Bassi

A principal correspondent, Aseem Bassi is the bureau chief at Amritsar. He covers politics, Indo-Pak border, gurdwara politics, crime, border trade and civic issues.

Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk Hunger Strike LIVE and more across India.
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