Wednesday, August 10, 2005

Trade: India and Pakistan look to increase trade

Pakistan and India are reported to have agreed on measures to boost trade between the two countries.

Measures include:

* Setting up branches of their banks in both countries.
* A new shipping protocol
* Increasing aviation links

The State Bank of India has opened branches in Lahore and Karachi and it is believed that Pakistani banks have made moves to open branches in India.