Suspension of cross-LoC trade resulted in loss of over Rs 80 crore

Jammu: The trade between Jammu and Kashmir and Pakistan-administered Kashmir (PaK) has been suspended for the last 16 weeks resulting in a loss of over Rs 80 crore, reports said on Tuesday.
The trade across the Line of Control (LoC) was suspended on July 11 after heavy firing and shelling causing damage to trade facilitation centres and police barracks. “Due to the suspension of trade along the LoC, there was a loss of over Rs 80 crore during the period,” custodian of LoC trade (Poonch), Mohammad Tanveer told PTI.
The cross-LoC bus service via Poonch-Rawalakot road has also been suspended for the last 16 weeks.

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