India, Pakistan trade: a growing necessity

India’s Department of Industrial Policy and Promotion made a historic decision last month by removing the six-decade old ban on Pakistani investment in that country. India’s new finance minister Chidambaram thinks that “shared economic ties will work as a bulwark against war”, after the Indian commerce ministry issued a statement that all Pakistani citizens and corporations are now permitted to invest in any Indian economic sector, except defence, space and atomic energy. Removing trade barriers seems like a logical step forward towards improving bilateral relations.

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