December 7, 2021
2 mins read

Punjab CM bats for opening border trade with Pakistan

On the occasion, state Congress President Navjot Sidhu also underlined the significance of the cross-border trade. …reports Asian Lite News

In a bid to boost the state’s economy, Punjab Chief Minister Charanjit Channi on Monday announced that he would soon write to the Centre besides seeking appointment with the Union Home Minister for opening trade with Pakistan.

In his address during the 15th Edition of the Punjab International Trade Expo (PITEX) here, he said that if the trade could be carried by the sea route, then why it is not permitted through land route as it would propel enormous opportunities of economic prosperity.

Acceding to the major demand of the PHD Chamber of Commerce and Industry, Channi said the foundation stone of a convention centre for PITEX spread over 10 acres would be laid within a week to enable the organisation to carry out diverse range of activities to promote trade and industry in the region in a big way.

He also said a digital single window system would be put in place shortly to ensure all kinds of requisite permissions from a unified platform to the industrialists in a seamless manner.

“This move would also enable them to apply for permissions from their homes to almost removing the user interface with the officials thus increasing transparency.”

Listing the achievements of his government, Channi said the state government has withdrawn 40,000 VAT-related cases registered against the traders, abolishing the institutional tax, and made the Right to Business Act of 2020 applicable.

Citing the huge potential of Amritsar in religious tourism, Channi expressed satisfaction that Punjab has been ranked number one in terms of infrastructure development in tourism.

He also lauded the PITEX for its service in offering a big platform to the businessmen of the state, especially the region, and ensuring presence of five countries viz. Iran, Egypt, Afghanistan, Turkey, and Thailand in the expo.

On the occasion, state Congress President Navjot Sidhu also underlined the significance of the cross-border trade.

Describing Amritsar as the biggest market of Asia, he said that it would open new vistas of prosperity for Punjab as trade and business activities would be carried out with 34 countries.

Underscoring the need to give fillip to MSMEs, Sidhu said that the focus must be on enabling the youth to be job creators instead of job seekers.

Co-Chair PHD Chamber Punjab Karan Gilhotra thanked the district administration for rendering all possible assistance for organizing PITEX-21 successfully.

ALSO READ: India, Russia renew military pact

Previous Story

Iraq, UK hold talks over withdrawal of coalition forces

Next Story

Armed Forces face shortage of 9,362 officers, 1,13,193 personnel

Previous Story

Iraq, UK hold talks over withdrawal of coalition forces

Next Story

Armed Forces face shortage of 9,362 officers, 1,13,193 personnel

Latest from India News

Canada, India ties improving at rapid pace: Report

Business Council of Canada says trade negotiations are nearing completion, with Modi’s expected December visit offering a potential milestone for stronger economic ties…reports Asian Lite News Desk Relations between Canada and India

India, US Push for Early Trade Deal

Rubio and Jaishankar discuss trade, defence, technology and energy security during talks in Mumbai as both sides seek an early agreement…reports Asian Lite News India and the United States have reaffirmed their

India Warns Nationals Over Italy Protests

India urges citizens in Italy to avoid protest-hit areas and follow local news as clashes leave police officers injured…reports Asian Lite News Desk The Embassy of India in Italy has advised Indian
Go toTop

Don't Miss

India supports Bhutan’s digital infrastructure development

The Indian government recently announced that it is going to

Startup20: India passes torch to Brazil as Summit concludes

Saudi Arabia became the first nation to endorse and support