29 Sep '11, 5am

#pk India says agrees to boost trade with Pakistan - TODAYonline: The Nation, PakistanI...

NEW DELHI - India and Pakistan agreed yesterday to further liberalise trade flows with tentative moves such as opening a second customs post and issuing more visas, seen as bolstering a fragile peace process between the two nuclear-armed rivals. The meeting between the neighbouring countries' trade ministers was part of this year's resumption of formal peace talks, which were broken off after militant attacks in 2008 that killed 166 people in India's financial capital Mumbai. Indian Trade Minister Anand Sharma, who met his Pakistani counterpart Makhdoom Amin Fahim, said New Delhi would support a scheme proposed by the European Union to boost textile exports from areas of Pakistan ravaged by floods with duty waivers. Seen as under pressure from domestic textile lobby groups, India had previously opposed the European Union scheme, and New Delhi's open support was trumpeted b...

Full article: http://www.todayonline.com/World/EDC110929-0000953/India-...

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