Poonch, November 21
Acknowledging sincere endeavors of state and central governments in promoting the Cross-Line of Control (Cross-LoC) trade, the Jammu and Kashmir Joint Chamber of Commerce and Industry has called upon the leadership to take the Confidence Building Measures (CBM) to the next level to harness its full political as well as peace dividends.
A delegation of the Joint Chamber led by its president YV Sharma today participated in a high level meeting of the officials of state government, Ministry of Home Affairs and Ministry of External Affairs chaired by Chief Minister Mufti Mohammad Sayeed at the Trade Facilitation Centre Chakan-da-Bagh, Poonch. The delegation thanked the Minister for Industries Chander Prakash Ganga, Commissioner Secretary Industries and Commerce Shailinder Kumar and Director Industries Jammu Dr Abdul Rashid for involving the Joint Chamber –a representative body of the Cross-LoC traders –in the meeting as key stakeholders for obtaining firsthand feedback.
Speaking in the meeting YV Sharma said that the state government and central government need a serious policy review on Cross-LoC trade to harness not only its economic dividends but also the peace dividends, the original intention behind the initiative. Sharma said, “Since the peace process could not move further between India and Pakistan, the trade is also suffering stagnation as decisions for its reforms and full promotion depend upon will of the governments of both countries, not just one”. He said that continuation of traders though in a small number in this complex trade is evidence of peoples’ support to the government initiatives of enhancing cooperation across the Line of Control. Other prominent members in the Joint Chamber delegation were Pawan Anand Rajesh Jain, Annil Suri, Lalit Mahajan and Sardar Krishan Singh.