Government plans to streamline LoC trade

SRINAGAR: The Jammu and Kashmir government is likely to take a slew of measures to make the Cross-LoC trade between Jammu and Kashmir and Pakistan administered Kashmir smooth.
Director Industries and Commerce Kazim Khan told Kashmir Reader that these measures include weeding out fake and inactive traders, strictly maintaining standard operating procedures and encouraging traders to come up with one genuine trade body which will represent traders sans any vested interests.
Custodian cross-LoC trade Farooq Shah said fake traders are non state subjects who are doing trade through proxies, those who run more than one firm under one name or different names. Khan said things were not properly regulated since the beginning of the LoC trade in 2008, and this has now become a nuisance for trade.
Farooq is also making a detailed report in this regard which he will submit soon to the director industries department. “I have highlighted the bottlenecks of the trade and steps to remove them in the report. I will soon submit it to the government,” he said.