Faisalabad, New Delhi to bridge trade gap

STAFF REPORT FSD: Traders from both sides of Pakistan and India are endeavouring to bolster business ties through holding fairs and exhibitions, despite never-ending disputes between these two neighbouring states.

The cities of Faisalabad and New Delhi will take the first step towards business-to-business contact and facilitation. Industrialists from both major cities have agreed to organise exhibitions for the other sides products.

The understanding was reached during a visit of Pakistani industrialists to India.

They have identified textiles, information technology and chemicals as potential areas of cooperation. A 20-member delegation from Faisalabad recently concluded a seven-day visit to India, which according to the industrialists, was a successful trip.

They had meetings with their Indian counterparts at the Delhi and Amritsar chambers besides a series of meetings with leading Indian industrialists, importers and exporters. The industrialists underscored the need for direct trade and set up a joint task force for holding exhibitions in Faisalabad and Delhi to promote their products.

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