MoU to Promote India-Pakistan Trade and Commerce

New Delhi, May 9: In a bid to promote trade and commerce between India and Pakistan and establish a common platform for the business communities of the two countries, the capital-based Infocom Network Limited, hereafter Tradeindia.com, has signed a Memorandum of Understanding (MoU) with the Karachi-based pakistaniexporters.com.

Tradeindia.com, one of India's largest online e-marketplaces, offers comprehensive business solutions to the global EXIM community, while pakistaniexporters.com is a new national export initiative aiming for global promotion of Pakistani products and services by providing exporters with access to international markets through e-commerce and the Internet.

''The partnership will provide guidance to business of both the countries about rules and regulations of each country for doing business and also to create awareness and importance of information technology for promotion of trade and commerce between the two countries. Mr. Khosla added that pakistaniexporters.com would be promoted through tradeindia.com weekly newsletter, which goes to over 4,90,000 global subscribers and will help in organising trade fairs and exhibition.

''The respective organisations have agreed to establish trade centres/enclosures in both the countries to display and promote local products which will help in creating an open environment to enable traders of both the countries to promote their products and services globally,'' said Mr. Zahid Iqbal, CEO, pakistanexporters.com.

''We see this co-operation enhancing the possibilities of introducing e-commerce while doing business on the Internet to create a one-stop information centre for businessmen of India and Pakistan," Mr Iqbal added.

Tradeindia, launched in 1996 under the banner of Infocom Network Ltd. to establish a common platform for the Indian and international business community, offers comprehensive solutions for the global export industry. The web site boasts a database of over 5,15,500 registered members and receives more than 20 million hits per month.

About Pakistaniexporters.com Developed by Pakistan Dot Com Technologies (Pvt) Ltd, Pakistaniexporters.com offers cutting-costs solutions to develop and expand export markets for the Pakistani business community and provides overseas buyers with information necessary to make a buying decision and commence trade.

UNI