9 yrs later, cross LoC trade struggles due to business, political barriers

With sound political will, there is immense potential to transform the Line of Control into a line of commerce

Even as trade across the line of control (LoC) through the Salamabad, Uri and Poonch routes completes nine years, it continues to be plagued by several issues that have in recent times slowed down business. Double taxation, the ripple effects of a hastily implemented Goods and Services Tax (GST) regime, frequent registration hassles – all of this and more has taken a toll on trade.

In recent times, National Investigation Agency (NIA) investigations have added to the strain of doing business, with about 40 cross LoC traders having received notices by the investigation agency and their offices and houses raided.

Cross LoC