LAHORE - A four-member USAID team Tuesday listened to the business community point of view on issues coming in the way of Pak-India trade through Wagah.

The team headed by Jim Sutton and comprising John Walker, Saradr Humayun and Ahsan Nadeem called on LCCI President Farooq Iftikhar and Executive Committee Members and  shared salient features of the USAID Project on Pak-India trade.

The LCCI former Senior Vice President Abdul Basit, former Vice Presidents Aftab Ahmad Vohra, Saeeda Nazar, Executive Committee members Aasia Saail Khan, Hassan Amjad, Amjad Chaudhry, Mian Zahid Javed were prominent among the participants.

The team leader informed the LCCI President that the USAID Project is aimed at improving the customs system by getting implemented E-governance system that is universally accepted and recognized by all the countries. He said that the USAID team had meetings with Federal Minister for Commerce, Chairman FBR and they are willing to extend every possible help for the implementation of the system in letter and spirit.

The USAID is presently working on updating its Wagha Border Assessment Study with a view to catering the expected search in overland trade between India and Pakistan. The updating version of the assessment will be providing the latest position covering the movement of freight by road and rail, the USAID team leader said.

LCCI President Farooq Iftikhar appreciated ongoing USAID Trade Project for capacity building programme of concerned government departments including Federal Board of Revenue and Customs to improve regional and cross-border trade particularly with Afghanistan and India.

He informed the USAID team that the slow pace of infrastructure development at Wagah is a matter of grave concern and needs to be expedited. Pak-India trade volume at present is around US$ 2 billion and figures will go as high as US$ 4 to 5 billion in a couple of years against the potential of US$ 10 billion.