November 15, 2011
India and Pakistan to normalise trade
DELHI, India
PAKISTAN and India agreed yesterday to normalise two-way trade, signifying a gradual thaw in relations between the two bitter rivals.
At the end of two days of bilateral trade talks, Pakistan agreed to give its neighbour by early next year a small list of items that India cannot trade in with Pakistan. Both sides hope to do away with the list altogether by the end of 2012, freeing up all trade between the two countries, Indian Commerce Secretary Rahul Khullar told reporters.
“The move to full normalisation of trade relations shall be sequenced,” the two nations said in a joint statement at the end of the talks.