Wednesday, April 13, 2011

PAKISTAN: Pak to lift ban on cement export to India

ISLAMABAD: Pakistan is very likely to lift ban off cement export to India latest by next month, which will follow transportation of cement to neighbour through land route, Geo News reported on Monday. 

Federal government sources told Geo News, a summary seeking ratification on export of cement to India through Wagha route has been sent to cabinet by ministry of Trade and Production.

He informed that a notification was likely to be issued after prime minister’s approval.

It is pertinent to mention here that the ban on cement export to India was put in place after the Mumbai mayhem. India is facing acute shortage of cement at this point of time.

India would allow Pakistan to import many goods and material in exchange of cement, sources hoped.

Meanwhile, the trade community has hailed promotion of trade with India, adding that trade ties after coming back on track would serve masses and industries here alike.

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