Asserting that cross LOC Trade between Srinagar-Muzaffarabad as one of the most significant Confidence Building Measures (CBM) taken by the Governments of India and Pakistan, the Minister of State for Industries & Commerce, Home and Tourism, Sajad Ahmad Kichloo Tuesday, underscored the need to make it hassle free trade activity for enhancing mutual trust and confidence between both sides of the State.
Speaking at a joint meeting of the officers of Industries & Commerce Department and members of Salamabad-Chakuti Traders Unions, Kichloo said that initiation of cross LOC trade across J&K in October, 2008 has signaled the beginning of a new era adding that this trade had stopped six decades ago in 1947. He said this is a great step towards normalizing relations between two neighboring Countries of India and Pakistan through economic and human Interactions.
The Commissioner/Secretary, Industries & Commerce, Mr. Shantmanu, Consultant cum Coordinator cross LOC Trade, Zahoor Ahmad Shah, Director Industries & Commerce, Kashmir Tariq Ahmad Mir, Director Custodian Ehasan-Ul-Haq, Presidents of the cross LOC Traders Unions, Mohammad Tariq Khan and Javed Ahmad Makroo and other officer bearers were present in the meeting.
Kichloo said that the Government will provide all the possible facilities to boost cross LOC trade adding that Trade Facilitation Centers at Salamabad Uri and Chakan-Da-Bagh Poonch has been established at a cost of Rs.8.95 crore and Rs.7.95 crore respectively on fast track basis with a view to facilitating LOC trade in a big way.