Indo-Pak trade can grow ninefold: World Bank

Indo-Pak trade can grow ninefold: World Bank
PTI
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First Published: Mon, Feb 19 2007. 03 37 AM IST
Updated: Mon, Feb 19 2007. 03 37 AM IST
Mumbai: The World Bank said bilateral trade between India and Pakistan, now at $1 billion (Rs4,400 crore), could be increased nine times with the removal of barriers related to politics, corruption and red-tape in the two neighbours. World Bank managing director Graeme Wheeler said despite a common location and history, South Asia was the least-integrated region in the world. “Barriers of politics, infrastructure, corruption and red tape hamper the growth of trade,” he said.
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First Published: Mon, Feb 19 2007. 03 37 AM IST
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