Pakistan' business team to arrive in India Friday

Tuesday, 01 July 2003, 19:30 IST
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NEW DELHI: A 150-member Pakistani business delegation will arrive in India Friday to explore the possibility of boosting trade ties between the two countries. The delegation, led by leading businessman and MP Ilyas Ahmed Bilour, will participate in the third two-day India-Pakistan Chamber of Commerce and Industry (IPCCI) meeting to be held here from July 7. Nearly 50 of the delegation members will travel by road from Lahore to the Indian capital through the Wagah border, said the Federation of Indian Chambers of Commerce and Industry (FICCI), which is facilitating the visit. Others Pakistani business delegation members will fly out from Karachi and Lahore via Dubai and reach New Delhi Friday, the spokesman added. After arriving in New Delhi, the delegates will go on a sight seeing tour to Agra and Ajmer before converging here for the two-day business meet. Hectic efforts are on to make the Pakistani business delegation's visit a success amid signs of an improvement in the relations between India and Pakistan. Currently, trade relations between India and Pakistan are restricted to select items. During 1999-2000, exports from Pakistan stood at $53.65 million, whereas exports from India were to the tune of $127.40 million. Pakistani businessmen feel that bilateral trade should be liberalised in phases so that domestic industries get some breathing space to compete with Indian goods.
Source: IANS
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