India buys 35,000 tons cement from Pakistan

Society Business and Career
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India buys 35,000 tons cement from Pakistan
November 16, 2007

NEW DELHI: India has imported 35,000 tons of cement from Pakistan during the last three months.

Indian Minister of Commerce Jairam Ramesh stated this while talking to APP after meeting with Chief Executive of Trade Development Authority of Pakistan Tariq Ikram here on Friday.

He said during the meeting the two sides discussed trade through LoC, upgradation of facilities at Wagah, investment in each others country, issue of Geographical Indicators and boosting trade volume.

Mr Ramesh said India had invited Pakistan delegation to discuss the modalities for LoC trade.

He said India was planning to invest Rs70 crores on upgradation of trade faculties at Wagah on its side.

This investment should be synchronised with the investment from Pakistan on its side.

A meeting on technical level would be held between both the countries next month to discuss matters relating to facilities at Wagah. Suggesting to launch investments in each others country, he said by this way trade volume could be increased.

He said he had accepted the invitation from Pakistan to visit Expo Pakistan being held in Karachi in March next year.—APP

Dawn

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Re: India buys 35,000 tons cement from Pakistan

:hmmm:
to me it is same strategy as of “east indian company” :hehe:

btw any idea why did they buy cement from Pakistan?

whereas they themselves

or do they wana re-invest (use) it in Pakistan? :hoonh:

Is it okay to be happy?
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Re: India buys 35,000 tons cement from Pakistan

well they must be making a big sand castle.....

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Re: India buys 35,000 tons cement from Pakistan

Actually due to economic growth there has been a construction boom in India and cement prices went up a lot. Importing will reduce prices a bit, while at the same time helping out with Pakistan's grossly underused capacity

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Re: India buys 35,000 tons cement from Pakistan

^^ are we talking third world india and Pakistan here? :rolleyes:

or are ya telling me that they both have no more corruption :rolleyes:

or did india forgot collapse of margalla tower, or recent shershah bridge in Karachi? :hoonh:

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Re: India buys 35,000 tons cement from Pakistan

yes
no
yes & no

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Re: India buys 35,000 tons cement from Pakistan

  • k
  • k
  • k. so wat fishy story are you suggesting? :D
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Re: India buys 35,000 tons cement from Pakistan

Actually the imports could be much more but they are facing the problems with transportation( not enough trucks) , supply and orcourse red tape.

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Re: India buys 35,000 tons cement from Pakistan

:D

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