Muzaffarabad/ Srinagar, Jammu and Kashmir: January 07, 2010: Business community from both side of Jammu and Kashmir has declared not to do any trade activity till the Indian and Pakistani authorities resolve their grievances by revoking the ban imposed on various goods.
“The hawkish elements in Indian and Pakistani government, who don’t like people’s progress, are creating hurdles in ongoing business activities.”
Traders from both side of Kashmir have been quoted in an initial report about recent economic trends and indicators of the region. Peace group -Press For Peace (PFP) on Thursday released preliminary draft of its report after monitoring trade process on the Line of Control (LoC).
India and Pakistan started trade on defecto border of Kashmir after 60 years on 21 October, 2008 through Poonch -Rawlakot and Srinagar-Muzaffarabad LOC routes as part of Confidence Building Measures (CBMs).
After conducting interviews of business community in four major trade cities-Poonch, Rawalakot, Srinagar and Muzaffarabad, PFP report noted that traders on both sides are suffering from unnecessary restrictions and procedural delaying imposed by the officials.
Referring to the recent bar on Mung Dal (pulses), Ahmad Lone, a trader from Poonch (Indian Kashmir) said that it is unjustified to ban those commodities which have approved by Indian and Pakistani officials when Standing Operation Procedure (SOP) was signed two years ago.
“We have to consider the demands and consumptions in the market and we cannot afford losing business just to please the governments”, said Kashaan, a trader from border city Hajeera, near Poonch along Pakistani side of LoC.
The report quoted annoyed remarks of traders from Indian side of Kashmir who demanded that Pakistan must revoke ban on Mung Dal.
The report also noted the poor services on the Entery points and urged Indian and Pakistani governments to evolve modern and time saving mechanism for checking and dispatching of business goods.