Traders, politicians slam govt. for suspension of Cross-LoC trade

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  1. Traders and politicians in Kashmir have criticised the government over the sudden suspension of Cross-Line of Control (LoC) trade with Pakistan.
  2. The Indian government had recently suspended the Cross-LoC trade citing a) illegal trade of U.S.-origin California almonds, b) funnelling of counterfeit currency, and c) funding and promotion of terror groups and anti-India operations though the trade.
  3. The Line of Control (LoC) is 740km long India-Pakistan border which runs from parts of Jammu to parts of Leh.
  4. Cross-LoC trade was started in 2008 by setting up two Trade Facilitation Centres located at Uri’s Salamabad in Baramulla, and Chakkan-da-Bagh in Poonch. The trade took place four days a week. It was based on barter system and zero duty basis.