KARACHI - Focus on trade development would be better for both neighbour countries, there is not a single country exists in the world that hasn’t rifts with its neighbours but trade remains continued.

This was stated by Anand Sharma Indian Commerce Minister while talking here on Tuesday at Karachi Airport.  He said that his country seeks trade with Pakistan through Mona Bao-Khokhrapar border, adding infrastructure like Wahga Border was required for improvement in trade activities.

Minister said that talks were undergoing on trade through Mona Bao. He said that India had granted Pakistan Favoured Nation Status in 1996.

Sharma said negotiations between both countries being held to open banking sectors on both sides of border. State Bank of Pakistan and Reserve Bank of India were also in contact in this regard, he added. The minister said that work on multiple visas was also in process and government and trade ministry were convinced on issuing multiple business visas to Pakistani businessmen.

Talking to the businessmen at local hotel he said that Pakistan made notable achievements, adding that India can take benefits from Pakistan in agriculture based products.

Annad said Indian government trying to remove NTB’s soon for the development of trade between two countries. Visa for multiple entries to multiple cities would be announced very soon, he added.  Bombay Karachi chamber would stabilise the economy of both countries and regional trade. 

Talking to the occasion TDAP CEO Tariq Iqbal Puri said that TDAP and ITPO have signed MoU to organise the events.

Tariq said that a joint event of both authorities will be organises in India and TDAP encourage and support the local businessmen to develop a road map for trading with India.