Frequency of cross-LoC trade to be increased


The governments of Pakistan and India have agreed to increase the frequency of cross-Line of Control (LoC) trade and bus service on both Uri-Muzaffarabad and Poonch-Rawalakot routes in Jammu and Kashmir. The two countries also agreed to open bank branches on both sides of the LoC to do away with barter system of trade, increase fixed telephone lines for communication link between the people of two parts of Kashmir and introduce trade permits for businessmen to facilitate their travel across the LoC, Kashmir Media Service reported.
The trade, which is presently confined to two days on the both cross-LoC routes, is being increased to four days a week. Both the governments had directed the officials engaged in the cross-LoC trade to raise necessary infrastructure and increase other facilities for raising number of days of the trade on the two routes of Kashmir and Jammu regions.