LoC trade of California almonds new mode of terror funding: NIA
PTI After clothes and 'dupattas', California almonds have emerged as the new product in cross- LoC trade in Jammu and Kashmir that are being used a mode of terror funding, according to the NIA. The NIA has registered a case in this connection and carried out searches on traders at trade facilitation centres at Salamabad in Kashmir region's North Kashmir's Baramulla district and Chakan-da-bagh in Poonch district of Jammu region.According to the cross-LoC trade agreement between India and Pakistan, products grown in both sides of Jammu and Kashmir will be exchanged under barter system. The products included 'Badam giri' that is grown in parts of Pakistan- occupied-Kashmir (PoK).During the searches, documents related to exchange of California almonds were seized by NIA and ...
India unlikely to place restrictions on trade across LOC
Vanita Peter D’souza | The Dollar Business India is unlikely to place any restrictions on trade along the India-Pakistan’s Line of Control (LoC) as no incidence of adulteration has been reported in the recent years. Nirmala Sitharaman, Commerce & Industry Minister, Government of India, informed the Parliament yesterday, “No in incidence of adulteration which adversely affected trade has come to the notice of Government.” The LoC trade in India is usually the trade between India’s Jammu & Kashmir and Pakistan Occupied Kashmir (POK) which is not counted as trade with Pakistan. As a part of the Government of India’s Confidence Building Measures (CBMs), a list of essential items are allowed for trade at zero duty. India also has Trade Facilitation ...
