LCCI calls for early establishment of banking network between India & Pakistan

LAHORE: The Lahore Chamber of Commerce and Industry Friday called for early establishment of banking network between India and Pakistan, opening up of borders 24/7, infrastructural facilities at borders and containerization of cargo, allowing all tradable items by land route at Wagah.

This was stated by LCCI President Engineer Sohail Lashari while speaking at inaugural function of India Show 2014 here at Expo Centre. LCCI Vice President Kashif Anawar was also prominent among other participants at the inaugural ceremony.

The LCCI President said that being important members of the SAARC, Pakistan and India both need to pull up their acts together to bring economic and political stability and prosperity in the region. “Trade between India and Pakistan hold the major share in the pie of the SAARC countries.”

The LCCI President said that the mutual and diplomatic relations between both the countries should remain unaffected by the political vicissitudes.

Engineer Sohail Lashari said that there should also be investment in each other’s countries. There should be congenial environment for investment and joint ventures.

“There should be standardization procedures followed for trade so that there is some harmonized standard in order to avoid disagreements.”

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