Bilateral trade between India and Pakistan can reach $10 billion by 2015, from $2.7 billion registered in 2010-11, if tariff and non-tariff barriers are removed, the Confederation of Indian Industry (CII) said Thursday. In a report ahead of a business delegation visit to Pakistan led by Commerce and Industry Minister Anand Sharma, the CII said there was huge potential of increasing the bilateral trade between the two neighbouring countries. "The trade potential between our two countries is very high and based on strong fundamental complementarities. One step of opening up of Wagah border for all tradeable items would double bilateral trade," said Chandrajit Banerjee, director general of CII. Noting that the large volume of informal trade indicates demand for each other's products, CII made a number of recommendations to catalyse formal trade. In particular, it has suggested that Punjab provinces of both sides work together to leverage across-the-border advantages.