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Pak, India
launch road trade
ISLAMABAD—Pakistan and India have boosted trade ties with a truck
carrying goods across the border for the first time since partition 60
years ago. The journey over a 50-km road link is a major step in the
peace process between the two countries, which have gone to war three
times since independence.
Analysts say trade between the two countries could reach $6bn a year if
both sides ease restrictions. They say this may improve political
relations between the two countries. As senior Indian officials looked
on, a truck carrying tomatoes inched its way through the imposing gates
of the Wagah border between India and Pakistan, past heavily-armed
border guards in full ceremonial dress.
This was once an ancient trade route, dating back 600 years and linked
India to Afghanistan and Central Asia. But all that ended in 1947 after
the bloody partition of the sub-continent into India and Pakistan.
Indian exports to Pakistan are valued at about $1bn a year, but are
expected to double over the next year because of the new land route,
which significantly cuts costs and travel time.
In the past, goods bound for the two countries had to be unloaded at the
border and loaded into trucks belonging to the respective countries.
India exports vegetables, livestock and meat to Pakistan and imports
fruit.—Agnecies
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