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November 17, 2007 Saturday Ziqa’ad 06, 1428





India buys 35,000 tons cement from Pakistan


NEW DELHI, Nov 16: India has imported 35,000 tons of cement from Pakistan during the last three months.

Indian Minister of Commerce Jairam Ramesh stated this while talking to APP after meeting with Chief Executive of Trade Development Authority of Pakistan Tariq Ikram here on Friday.

He said during the meeting the two sides discussed trade through LoC, upgradation of facilities at Wagah, investment in each others country, issue of Geographical Indicators and boosting trade volume.

Mr Ramesh said India had invited Pakistan delegation to discuss the modalities for LoC trade.

He said India was planning to invest Rs70 crores on upgradation of trade faculties at Wagah on its side.

This investment should be synchronised with the investment from Pakistan on its side.

A meeting on technical level would be held between both the countries next month to discuss matters relating to facilities at Wagah. Suggesting to launch investments in each others country, he said by this way trade volume could be increased.

He said he had accepted the invitation from Pakistan to visit Expo Pakistan being held in Karachi in March next year.—APP






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