A time-tested way to trade away conflict - News Summed Up

A time-tested way to trade away conflict


Cross-LoC trade, following barter system, thus began in October that year, across Uri-Muzaffarabad and Poonch-Rawalakot, for a list of 21 mutually agreed tradeable items. Cross-LoC trade would have failed in its infancy had it not been for the sentiments of the people attached to it. Digitisation of systems and procedures at the trade facilitation centres at Uri and Poonch is another important step to help take LoC trade to the next level. The current suspension of LoC trade could be seen as a window of opportunity to address these issues and revive this trade in a stronger and more organised manner. Cross-LoC trade in its new avatar could continue to prove the value of a peace-through-trade policy, and one that has stood the test of time globally.


Source: The Hindu October 20, 2019 18:22 UTC



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