NEW DELHI - The Indian Government has decided to suspend all cross-LoC trade with Pakistan from Thursday.
"Ministry of Home Affairs (MHA) has issued orders to suspend the LoC trade in Jammu-Kashmir with effect from April 19.
This action has been taken as the Government of India has been receiving reports that the cross LoC trade routes are being misused by the Pakistan based elements for funnelling illegal weapons, narcotics, and fake currency, etc," said an official statement.
It may be recalled that the LoC trade is meant to facilitate exchange of goods of common use between local populations across the LoC in Jammu & Kashmir.
The trade is allowed through two Trade Facilitation Centres located at Salamabad, Uri, District Baramulla and Chakkan-da-Bagh, District Poonch.
The trade takes place four days a week. The Trade is based on Barter system and zero duty basis.