SME Times is powered by   
Search News
Just in:   • Maruti reports 13.3 pc rise in sales in April  • Hyundai Motor India sells 54,420 units  • Markets drop on weak global cues  • South Korean exports falls 11.2 percent in April  • 99.9 pc people follows 2nd phase of odd-even system: Delhi Govt 
Last updated: 27 Sep, 2014  

India.Pakistan.Trade.9.Thmb.jpg Indo-Pak checkpost opened at Attari, to boost trade

India.Pakistan.Trade.9.jpg
   Top Stories
» Parl panel for enquiry into irregularities in export units' scheme
» India has to become stronger by empowering its poor: PM
» States' rising debt, non-plan spending worries RBI
» Country's forex increased marginally to USD 361 bn
» No diesel cabs in Delhi-NCR now; SC refuses to extend deadline
SME Times News Bureau | 14 Apr, 2012
Trade between India and Pakistan through the land border route is expected to go up almost 10 times with the formal inauguration Friday of the newly-constructed integrated check post (ICP) at Attari, along the international border between the two neighbours.

The ICP was inaugurated by union Home Minister P. Chidambaram in the presence of Pakistan's Commerce Minister Mohammed Amin Fahim, Pakistan Punjab Chief Minister Shehbaz Sharif, Punjab Chief Minister Parkash Singh Badal, and union Commerce Minister Anand Sharma, among others.

"I am very happy that the ICP project has been completed and made operational on the auspicious day of Baisakhi," Badal said.

He urged the governments of India and Pakistan to "also open trade from the Hussainiwala border (in Ferozepur district)".

The ICP, 30 km from Amritsar (280 km from Chandigarh) saw a soft launch Sunday prior to its formal inauguration Friday.

The new ICP, spread over nearly 120 acres and built at a cost of nearly Rs.150 crore, will have state-of-the-art facilities with dedicated terminals for cargo and passengers.

The ICP will have 16 immigration counters and 12 customs counters. Among other facilities, the ICP will also have a helipad for emergency needs.

A senior official of the union department of border management said the ICP will have a dedicated cargo area of 4,700 sq.m. It will also have an area of 55,000 sq.m. for parking of trucks.

"The whole area will be continuously monitored by 230 CCTV cameras installed at the ICP premises," the official said.

Trade between both sides is nearly $2.5 billion, but is expected to go up 10 times with Pakistan initiating the process to accord most favoured nation (MFN) status to India for trade.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
67.50
65.80
UK Pound
95.65
92.60
Euro
77.25
74.70
Japanese Yen 62.05 60.05
As on 03 May, 2016
  Daily Poll
Will the GST bill be passed in Budget Session?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(7)
» Exports need strong push(2)
» Odisha chit fund scam: Charge sheet against Micro Finance Ltd(1)
» Markets drop on weak global cues(1)
» Kalraj Mishra emphasizes on research in MSME sector(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter