SME Times is powered by   
Search News
Just in:   • RBI leaves repo rate unchanged, sticks to neutral policy stance  • EU, US trade deals to support exports over medium-term: RBI Governor  • Is it time for SMEs to look beyond Google?  • Ensuring energy security of 1.4 billion Indians remains govt's supreme priority: MEA  • Foreign firms to meet 4 essential conditions to qualify for tax holiday benefits 
Last updated: 27 Sep, 2014  

India.Pakistan.9.Thmb.jpg India, Pak set to hold commerce secretary level talks

India.Pakistan.9.jpg
   Top Stories
» EU, US trade deals to support exports over medium-term: RBI Governor
» Ensuring energy security of 1.4 billion Indians remains govt's supreme priority: MEA
» After Budget and India-US trade deal, all eyes on RBI’s repo rate decision
» US tariffs on Indian goods among lowest after trade deal
» Indian rupee trades over 1 pc higher after US trade deal
SME Times News Bureau | 27 Dec, 2013
After the meeting of the India and Pakistan director generals of military operations after 14 years, the commerce secretaries of both countries are set to meet next month - in another major step towards normalization of relations between the two neighbors.

Pakistan has proposed two sets of dates in the middle of January for their commerce secretaries to meet. India has yet to get back on the proposal, an informed source told agency.

The commerce secretaries of both sides had last met in September 2012.

Pakistan's Commerce Minister Khurram Dastagir Khan is also visiting India from Jan 16-18 for a SAARC business meeting and is to meet Commerce Minister Anand Sharma for bilateral talks, the sources said.

On Dec 24, the Indian and Pakistani director generals military operations (DGMOs) had met after a gap of 14 years at Wagah on the Pakistani side of the border in Punjab to work out a mechanism to ease tension along the Line of Control (LoC) in Jammu and Kashmir.

The DGMOs meeting had been decided on by Prime Minister Manmohan Singh and his Pakistani counterpart Nawaz Sharif during their New York meeting on Sep 29.

On Dec 25, the Pakistan Rangers and India's Border Security Force met to discuss ways to counter illegal border crossing and smuggling as part of bi-annual talks.

The steps toward normalisation follow within days of the visit to India by Pakistan Punjab Chief Minister Shahbaz Sharif, the younger brother of Pakistan Prime Minister Nawaz Sharif who had come as a special envoy earlier this month.

Shahbaz Sharif had in his "frank" talks with Prime Minister Manmohan Singh had dwelt on the "desire to move forward on bilateral relations", he had said in an interview.

During the commerce secretary-level talks and the meeting between their ministers, India would raise the issue of Pakistan not having granted India the status of Most Favoured Nation, which India has already granted in 1996.

Pakistan would be asking India to reduce non-tariff barriers for Pakistani products to provide a level playing field and more access to Indian markets as well as a liberalized visa regime for Pakistani businessmen, said the sources.

The 30-40 percent taxes on Pakistani products in India acts as a deterrent to boosting trade, the sources added.
 
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
₹91.2
₹89.5
UK Pound
₹123.35
₹119.35
Euro
₹107
₹103.35
Japanese Yen ₹57.9 ₹56.1
As on 22 Jan, 2026
  Daily Poll
What is your primary "Make or Break" expectation from the Finance Minister this year?
 The Tax Relief
 The Working Capital Fix
 The Compliance Holiday
 The Payment Shield
 The Tech Subsidy
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter