Cross-LoC trade in J&K suspended to prevent ‘misuse’

Cross-LoC trade in J&K suspended to prevent ‘misuse’

New Delhi: The Indian government suspended trade across the Line of Control (LoC) with Pakistan and Pakistan-administered Kashmir from Thursday midnight after probe agencies alerted that the route was being “misused” to smuggle illegal weapons, drugs and fake currency.
A government order issued Thursday said that a stricter regulatory and enforcement mechanism is being worked out and the issue of the reopening trade routes will be revisited once the mechanism is implemented.
The Union Home Ministry’s order stated that it has been “decided by the Government of India to suspend the LoC trade at Salamabad and Chakkan-da-Bagh in Jammu and Kashmir”.
It said the action was taken on the basis of reports that the trade routes were being “misused by the Pakistan-based elements for funnelling illegal weapons, narcotics and fake currency, among others.”
The LoC trade, at present, is conducted through two trade facilitation centres located at Salamabad in Uri of Baramulla district, and Chakkan-da-Bagh in Poonch district.
This trade takes place four days a week and is based on barter system and zero customs duty.
—PTI