Currently, only 138 items can be imported through Wagha-Attari but this restriction will go very soon, Sabharwal said while addressing the Lahore Chambers of Commerce and Industry (LCCI)yesterday.
Once the restriction is lifted, India will cut down its SAFTA sensitive list by 30 per cent and this list will be further curtailed to only 100 tariff lines by April 2013 while the peak tariff will not be more than five per cent, he said.
Pakistan will take similar steps over five years while availing the advantage of the concept of bigger and smaller economies, he said.
Sabharwal further said Pakistan can import petroleum products and LNG through a short pipeline (of 70 kms) from India.
Referring to Pakistan
