Potential for Indo-Pak trade fantastic: President BFP

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Business Forum of Punjab (BFP) Ibrahim Qureshi said Tuesday potential for Indo-Pak trade is fantastic and time has come to open trade relations between two neighbouring countries. He said the holding of Indo-Pak trade conference in the city was a good omen and it is a step in the right direction to cater of the larger interest of 1.6 billion people of two countries. President BFP also appreciated opening of an independent trade gate few weeks back and stressed both the governments to consider further of opening of all trade routes between Pakistan and India. We need to expand trade to the benefit of common man on both sides of the border, he said. He said the business community should act as a pressure group to lobby for a congenial environment to bilateral trade between India and Pakistan. Ibrahim said the BFP has always been supporter of trade relations between India and Pakistan with a firm belief that only good economics can ensure good politics. He said India and Pakistan can benefit from each others’ agriculture, food processing, banking, pharmaceutical, textile products and machinery, cement, oil and gas, automobile, information technology and tea by opening their economies to each other. According to him, time has come to constitute sector-specific groups and think tanks to assist and facilitate respective governments on the subject.