India's offer to sell oil and electricity to Pakistan among others is also likely to be discussed.
There was no immediate reaction from the government on it but it has maintained that India-Pakistan understanding on cessation of hostilities was arrived at following direct negotiations between the two sides.
Leading businessmen from India and Pakistan on Monday called for closer commercial ties between the two countries and said commerce could well turn out to the harbinger of peace in the Subcontinent.
Pakistan on Wednesday called for "stability and predictability" in Indo-Pak relations, saying governments on both sides should have the courage to withstand pressure in the wake of "unfortunate incidents" and prevent derailment of ties.
With the Indo-Pak dialogue in tatters and the respective armies exchanging fire across the Line of Control, an unexpected opportunity has presented itself for boosting trade between the two countries.
The MFN (Most Favoured Nation, meaning non-discriminatory treatment for each other) issue is of prime importance to India, as it wants to have greater access in the Pakistani markets.
Restoration of communication and transport links between India and Pakistan and liberalising visa norms for the businessmen are among the suggestions made by the India-Pakistan Chamber of Commerce and Industry.
The talks for normalising trade had begun in November 2011.
First meeting in 3 years, with agenda of stalled items needing political push.
Union commerce ministry will make efforts to remove hurdles at the Indo-Pakistan border in the way of tea trade, a top government official said in Coonoor on Saturday.
An unfinished Integrated Check Post, a shabby passenger terminal, the lack of a connecting road on the Pakistani side and pending permissions, all threaten to undermine a historical trade agreement.
Asserting that India and Pakistan can unite through a common market, Defence Minister Pranab Mukherjee on Friday invited Islamabad to work jointly for developing a trade and economic block, "which could even be a matter of envy for blocks like Europe
India and Pakistan are not yet ready for a true settlement of disputes between them and the two countries would gain by pressing towards increased trade, commerce and shared approach to problems of terrorism, water shortage and environmental degradation, US experts have said.
Ahead of the five-day visit from tomorrow of Pakistan's commerce minister, Makhdoom M Amin Fahim, the Confederation of Indian Industry (CII) on Sunday recommended that bilateral economic cooperation be promoted through a focus on healthcare, information technology and entertainment sectors.
Though the main focus of talks between Foreign Secretary Shivshankar Menon and his Pakistani counterpart Salman Bashir is on peace and security, Jammu and Kashmir and CBMs, other issues like release of prisoners, visa relaxation, trade and commerce will also come up for discussions.
The corporate leadership of India and Pakistan on Wednesday strongly urged the two governments to take all necessary steps to realise the tremendous potential of trade and commerce between the two countries.
Claiming his recent visit to India was a "big success", Ilyas Ahmed Bilour, president of the Indo-Pak Chamber of Commerce, has said the two countries should work towards improving the bilateral trade.
Narendra Modi's coming to power will not make any difference to Pakistan's trade ties with India, says Zubair Ahmed Malik, president of the Federation of Pakistan Chambers of Commerce & Industry.
Pakistan-India Chambers of Commerce and Industry president Ilyas Ahmad Bilour has urged Prime Minister Atal Bihari Vajpayee to restore air service between the two countries to promote bilateral trade.
Exports from India to Pakistan increased by 95.63 per cent to $1.3 billion in 2006-07 against $690 million in the previous fiscal. Imports from Pakistan in the same year were worth $320 million, an 80 per cent increase over the year-ago figure of $180 million. Within the SAARC block, India has been the biggest trading partner of Pakistan in the last six years. According to analysts, India's share in Pakistan's total trade over the last six years stands at almost 50%
Journalist Amir Mateen travelled to India to cover the India-Pakistan parliamentary dialogue hosted jointly by the Federation of Indian Chambers of Commerce and Industry and the Jinnah Institute. This is the first part of his travelogue on India
Continuing with the confidence building measures, India and Pakistan are set to ink a new visa agreement. Amir Mir reports from Islamabad
Close on the heels of Pakistani parliamentarians' visit to the country, a Pakistani trade delegation would arrive in New Delhi on a two-day visit from June 27-28.\n\n
Borrowing from Narendra Modi's phraseology, Pakistan on Tuesday said 'acche din aa rahe hain' for bilateral ties with India.
India on Monday strongly advocated the establishment of "South Asian Union" as it sought to enhance the bilateral trade - with Pakistan - which had the potential to touch $6 billion.
Over a year after the deadline to grant Most Favoured Nation (MFN) trading status to India, the Pakistani government on Thursday declined to specify any time limit to meet the long-pending demand from here.
The International Cricket Council has decided not to interfere in modalities related to bilateral agreement involving two nations.
Congress General Secretary Digvijay Singh on Thursday said Shashi Tharoor, who was eased out as party spokesman for praising Prime Minister Narendra Modi, still enjoys a high-level of confidence among the partymen.
'India alone cannot walk the path of peace. It also has to be Pakistan's journey to make,' says Prime Minister Narendra Modi at the government's geo-political flagship initiative "Raisina Dialogue-II".
'Over the last year, Bajwa has created the environment to support bold moves on India. The ball is in India's court,' a senior Pakistan military officer tells Ajai Shukla.
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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
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