Cross Border Trade

Cross Border Trade News

LoC trade suspended: 10 Pakistan-based militants were using route to finance anti-national activities in J&K, say security officials
India

LoC trade suspended: 10 Pakistan-based militants were using route to finance anti-national activities in J&K, say security officials

Security establishment sources said the firms operated by the 10 militants, who crossed over to Pakistan, were involved in trade with Indian businesses controlled by their relatives.

Suspension of LoC trade was long in the offing, but govt must find ways to ease stressed J&K economy
India

Suspension of LoC trade was long in the offing, but govt must find ways to ease stressed J&K economy

Eleven years later, on 18 April 2019, the Government of India decided to suspend the trans-LoC trade with immediate effect on grounds of its severe misuse. The background to the earlier decision on trade and the developments in the intervening period between 2008 and 2019 will explain why the Government of India took this decision.

Open borders an economic imperative of present times, says finance minister Arun Jaitley
Business

Open borders an economic imperative of present times, says finance minister Arun Jaitley

Union Finance Minister Arun Jaitley on Monday called for open borders, saying trading across national boundaries is an "economic imperative of our times" and that barriers to free trade should be dismantled.

Parliamentary panel is right in calling out RBI’s wrong; it was idiotic to kill LoUs for one Nirav Modi
Business

Parliamentary panel is right in calling out RBI’s wrong; it was idiotic to kill LoUs for one Nirav Modi

A blanket ban was wrong in the first place; it almost appeared like the RBI was in a hurry to cover up its failure to regulate the LoU effectively

Take urgent steps to streamline cross border trade: PMO directs commerce ministry
Business

Take urgent steps to streamline cross border trade: PMO directs commerce ministry

India ranked 146th in Trading Across Borders component of ease of doing business, out of 190 countries ranked by the World Bank in its latest report

Drug abuse on the rise in Kashmir as growing militancy, hostilities provide safe ground for poppy cultivation
India

Drug abuse on the rise in Kashmir as growing militancy, hostilities provide safe ground for poppy cultivation

The Kashmir unrest seems to have fuelled not just drug abuse but also drug cultivation in the Valley with poppy cultivators finding a safe haven amid rising hostilities and militancy

India-Pakistan bus service suspended for third straight week after ceasefire violation along LoC
India

India-Pakistan bus service suspended for third straight week after ceasefire violation along LoC

The cross-LoC bus services on the Poonch-Rawalakot road remained suspended for the third consecutive week in wake of the border tensio

Win-win for Indo-Pak: Modi-Sharif fixed match will end in a draw
Politics

Win-win for Indo-Pak: Modi-Sharif fixed match will end in a draw

There will be an announcement on trade across the LoC/border, moves to ease religious pilgrimages, enhanced cultural interaction, easing of visas for tourism and fast-tracking cases of civilians in custody in each other's jails.

Cross LOC trade resumes on Srinagar-Muzaffarabad route
India

Cross LOC trade resumes on Srinagar-Muzaffarabad route

"The trade between the two sides of Kashmir on Srinagar-Muzaffarabad road resumed today following an agreement between the two sides on Monday to this effect," officials said.