Business & Economy

Karzai favours Pak
trade corridor

What is India News Service, Thursday, 24 February 2005, 2200 hrs IST


Visiting Afghan President Hamid Karzai told External Affairs Minister K. Natwar Singh that he had taken up with Pakistan the possibility of a trade corridor for Indian exports to Afghanistan through Pakistan and \93would push this further\94.

\91\91The proposed corridor would be operated in the private sector and it would have its own rolling stock, locomotives, signalling system, stations etc but will follow the standards laid down by the Railways,\92\92 states the draft policy. 

These corridors would be developed through special purpose vehicles that would be funded through a consortium of ports, port users and private investors.

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