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08/01/2007

News / Pak, India trade can rise to US$10 billion by 2010

NEW DELHI: The trade between Pakistan and India has grown phenomenally in the past few years, which could rise to US$10 billion (euro7.3 billion) by 2010, Indian commerce secretary said.

Indian and Pakistani officials met Wednesday to boost two-way trade. Trade between the two countries nearly doubled to US$1.67 billion (euro1.22 billion) in the financial year ended March, from about US$850 million (euro620.12million) a year earlier.

"Our bilateral trade has grown phenomenally in the past few years,'' India's Commerce Secretary Gopal Pillai told a foreign news agency. The trade could rise to US$10 billion (euro7.3 billion) by 2010, he added.
Source: http://www.thenews.com.pk/updates.asp?id=26867

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