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JKJCCI welcomes Pak PM's move to accept invitation
5/25/2014 11:46:59 PM
Early Times Report

Jammu, May 25: Jammu Kashmir Joint Chamber of Commerce & Industry (JKJCCI) welcomed the step of Pakistan Prime Minster Nawaz Sharief accepting invitation of PM designate Narander Modi's swearing in ceremony and hoped that this will give fillip to Cross LOC relationship. As per press release, President JKJCCI YV Sharma said that willingness of two countries to accord prominence to economic development could be game changer in the region (South Asia). He observed that PM designate Narander Modi's visionary step of inviting PM Nawaz Sharief to New Delhi and the latter's willingness to participate has already set tone for positive energy in the relationship between two countries. Sharma said in the bilateral meetings that may follow between two top leaders, India and Pakistan should make a thorough review of Cross LOC Trade and initiate steps for its promotion. Mr Sharma said former Prime Minister Mr. Vajpayee took a number of initiatives for confidence building measures between the two neighboring countries which were also carried by UPA Government and in 2008 both the countries took a historic decision and after clearing nitty-gritty agreed to go ahead with Cross LOC Trade. Sharma described the Cross LOC Trade as "Mother" of all CBMs so far initiated by both the countries. JKJCCI President urged the Government of India and Pakistan to address the long pending demand of traders of both the sides of the LOC including Banking, Infrastructure, Communication linkages and hassle free travel permission for the businessmen.
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