MoU to Promote Indo-Pak Trade

New Delhi, Delhi, India , 2006-04-27

In a bid to promote trade and commerce between India and Pakistan and establish a common platform for the business communities of both nations, a Memorandum of Understanding (MoU) has been was signed by Delhi-based Infocom Network Limited, hereafter Tradeindia.com and Karachi-based Pakistan Dot Com Technologies Pvt. Limited, hereafter Pakistaniexporters.com.

Tradeindia.com is India's largest online B2B e-marketplace offering comprehensive business solutions to the global EXIM community, while Pakistaniexporters.com is a new national export initiative aiming for global promotion of Pakistani products and services by providing exporters with access to international markets through e-commerce and the Internet.

“The partnership will provide guidance to business of both the countries about rules and regulations of each country for doing business and also to create awareness and importance of information technology for promotion of trade and commerce between the two countries,” said Mr. Bikky Khosla, CEO of Tradeindia.com

Further Mr. Khosla added that, “Pakistaniexporters.com will be promoted through tradeindia.com weekly newsletter, which goes to over 4,90,000 global subscribers and will help in organizing trade fairs and exhibition.”

“The respective organizations have agreed to establish trade centers/ enclosures in both of the countries to display and promote local products which will help in creating an open environment to enable traders of both the countries to promote their products and services globally,” said Mr. Zahid Iqbal, CEO Pakistan Dot Com Technologies (Pvt.) Ltd.

“We see this co-operation enhancing the possibilities of introducing e-commerce while doing business on the Internet to create an one-stop information center for businessmen of India and Pakistan,” Mr Iqbal added.

About Tradeindia.com

Tradeindia was launched in the year 1996, under the banner of Infocom Network Ltd., to establish a common platform for the Indian and International Business community. It has grown into India's largest online business portal, offering comprehensive solutions for the global export industry. Today the website has a database of over 5,15,500 registered members and receives more than 20 million hits per month. For more information please visit http://www.tradeindia.com

About Pakistaniexporters.com

Developed by Pakistan Dot Com Technologies (Pvt) Ltd, Pakistaniexporters.com under the dynamic and visionary leadership of Mr. Zahid Iqbal, CEO. is a new national export initiative aiming for global promotion of Pakistani products and services by providing exporters with access to international markets through e-commerce and the Internet.

Pakistaniexporters.com offers cutting-costs solutions to develop or expand export markets for the Pakistani business community and provides overseas buyers with all information necessary to make a buying decision and commence trade from initial sourcing of products, suppliers, service providers and export related resources to the online negotiations, exchange of documentation and closing the deal.

Contact

Bhavna Taneja, Tradeindia, +91 (011) 26152172