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India, Pak agree to reduce max trade duty to 5 pc.


Date: 23-10-2012
Subject: India, Pak agree to reduce max trade duty to 5 pc

 Islamabad, Oct 19 (PTI) India will allow Pakistani products to enter its markets at a maximum duty of five per cent by April 2013 while Pakistan is expected to put in place similar arrangements in the next five years, Indian High Commissioner Sharat Sabharwal has said.

India and Pakistan have agreed on a maximum duty of five per cent for trade between the two sides, Sabharwal said during a meeting with members of the Karachi Chamber of Commerce and Industry yesterday.

Source : ptinews.com


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