India suspends LoC trade with PoK; Home Ministry says trade routes misused

The government has taken this step after receiving reports of cross LoC trade routes being misused by Pakistan-based elements

By BusinessToday.In  
Thursday, April 18, 2019

The Home Ministry on Thursday issued orders to suspend the Line of Control (LoC) trade between Pakistan Occupied Kashmir (PoK) and Jammu and Kashmir effective tomorrow, April 19.

The government has taken this step after receiving reports of cross LoC trade routes being misused by Pakistan-based elements.  

Ministry of Home Affairs in a statement said, "This action has been taken as the Government of India has been receiving reports that the Cross LoC trade routes are being misused by the Pakistan based elements for funnelling illegal weapons, narcotics and fake currency etc."

"It may be recalled that the LoC trade is meant to facilitate the exchange of goods of common use between local populations across the LoC in Jammu & Kashmir," the release added.

The ministry, while highlighting the terror outfits fuelling separatism in the valley, said, "During ongoing probe of certain cases by NIA, it has been brought out that a significant number of trading concerns engaged in LoC trade are operated by persons closely associated with banned terror organisations involved in fueling terrorism/separatism."

"So it's decided to suspend LoC trade at Salamabad & Chakkan-da-Bagh in J&K. Meanwhile, a stricter regulatory and enforcement mechanism is being worked out & will be put in place in consultation with various agencies. The issue of reopening of LoC trade will be revisited thereafter." the ministry added.

(Edited by Vivek Dubey)

Also Read: Brokerages wait and observe L&T bid for Mindtree

Also Read: Business leaders in Tamil Nadu hope for a poll outcome that places issues over individuals

Related Stories

Two fire officials suspended after coaching centre blaze in Surat kills 22
Two fire officials suspended after coaching centre blaze in Surat kills 22
In the next 5 years, India will regain its importance in the world order, says Modi
In the next 5 years, India will regain its importance in the world order, says Modi
Saradha Chit Fund Scam: CBI summons ex-Kolkata police chief, asks him to appear before it on Monday
Saradha Chit Fund Scam: CBI summons ex-Kolkata police chief, asks him to appear before it on Monday

Latest Stories

Two fire officials suspended after coaching centre blaze in Surat kills 22
Two fire officials suspended after coaching centre blaze in Surat kills 22
Saradha Chit Fund Scam: CBI summons ex-Kolkata police chief, asks him to appear before it on Monday
Saradha Chit Fund Scam: CBI summons ex-Kolkata police chief, asks him to appear before it on Monday
Reports of deteriorating health of Arun Jaitley false, baseless: Govt
Reports of deteriorating health of Arun Jaitley false, baseless: Govt
SPONSORED