34 PoK firms banned, Cross-LoC trade resumes

TNN Bureau. Updated: 8/12/2017 2:19:03 AM Front Page

JAMMU: After months of controversies and probes prompting the premiere National Investigating Agency to recommend harsh measures on Cross-LoC trade, authorities in Jammu and Kashmir and Pakistan occupied Kashmir are believed to have collaborated to weed out the 'bad elements'.
Trade on both routes has remained suspended for different reasons even as NIA sifted through hundreds of documents to point out irregularities, some of which as heinous as funding terrorism and smuggling contraband items.
The trade on Srinagar-Muzaffarabad route, suspended since July 21, has been resumed with effect from Friday. Before resumption of trade
, the authorities in Jammu and Kashmir have declared 34 PoK firms as blacklisted. "A total of 34 companies in PoK have been banned from carrying out any trade activity on Srinagar-Muzaffarabad road", officials said.
Custodian of cross LoC trade Sagar D Doifode issued a circular to all traders in Jammu and Kashmir directing them not to enter into any export or import business with the 34 blacklisted companies, they said.
The ban has followed joint efforts by authorities of Jammu and Kashmir and PoK to weed out any illegal activity on cross LoC trade routes, the officials said.
The action comes more than two weeks after police recovered 66.5 kilogram of heroin and brown sugar from a truck coming from PoK at Salamabad trade facilitation centre on July 21.

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