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'India, Pak bilateral trade may touch $10 bn by 2015'

  • Bilateral trade between India and Pakistan may touch USD 10 billion by 2015, if trade and investment barriers are removed, CII said Thursday.
  • In 2010-11, the bilateral trade between the two countries stood at USD 2.7 billion, with the trade balance heavily in favour of India.
  • Ahead of Commerce and Industry Minister Anand Sharma's three-day visit to Pakistan starting February 13, CII called for stronger economic linkages between the two countries.
  • India's top exports to Pakistan include sugar, cotton, man-made filaments and chemicals, while its imports comprise mineral fuels and organic chemicals.
  • Sharma would meet his Pakistani counterpart Makhdoom Amin Fahim to discuss ways to strengthen economic cooperation between the two nations.
  • At present, the 'positive list' agreed on by the two sides contains over 1,900 items that can be traded.


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