India Pak Deal: Pakistan likely to import cotton from India
India Pak Deal: Pakistan likely to import cotton from India
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ISLAMABAD: In a major development, Pakistan may allow cotton import from India through land route as prospects of the gradual restoration of bilateral trade ties have brightened after the new ceasefire agreement along the Line of Control, according to a media report on Sunday.

The breakthrough in the 2003 ceasefire agreement on the LoC has provided an opportunity to the commerce ministry to revisit the decision and as per details shared by the Pakistan government sources, Islamabad may be importing cotton from India.

Sources also confirmed that deliberations over the restoration of cotton and yarn import in the first phase from India are already underway. However, the decision would be taken after Prime Minister Imran Khan gives approval on the summary, as he also holds the portfolio of the commerce minister.

This will be a major development since Pakistan had severed trade ties with India in protest against Modi government's decision to change the special status of Jammu and Kashmir, abrogating Article 370 and 35A. Pakistan maintains that any unilateral decision to change the special status of the Jammu and Kashmir is illegal and in violation of the UN resolution.

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