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Bilateral commerce between India and Pakistan may touch $10 billion by 2015, if trade and investment barriers are removed, PHD chamber has said.
In 2010-11, the bilateral trade between the two countries stood at $2.7 billion, with the trade balance heavily in favour of India, it said.
“The potential gains from the increased bilateral co-operation between India and Pakistan are immense. Constraints on issuing of visas, cumbersome payments and customs procedures limit the scope for trade,” the PHD Chamber President, Mr Sandip Somany, said.
India's top export items to Pakistan include sugar, cotton, man-made filaments and chemicals, while its imports comprise mineral fuels and organic chemicals.
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