34 PoJK companies banned to weed out illegal activity on LoC
 Source : NewsBharati  Date : 12-Aug-2017

Srinagar, August 12: In a major crackdown to weed out any illegal activity on LoC, Indian administration banned a total of 34 companies belonging to Pakistan occupied Jammu-Kashmir (PojK) and 8 firms from this side for any trade across the LoC. 

Notably, custodian of cross LoC trade Sagar D Doifode on Friday issued a circular to all traders in Jammu and Kashmir directing them not to enter into any export or import business with the 34 blacklisted companies of PoK.

Earlier, Pakistan administered Kashmir sent a letter to the Indian side saying that there are 34companies either unregistered or involved in illegal trading, for which they have been blacklisted. In reply to this, the Custodian D Sagar taking stringent action issued a notice to all trading companies of Jammu-Kashmir to not import or export anything to these blacklisted companies.

However, the ban has followed joint efforts by authorities of Jammu and Kashmir and PoK to weed out any illegal activity on cross LoC trade routes. The action comes after Jammu-Kashmir police on July 21 of this year recovered 66.5 kilogram of heroin and brown sugar from a truck coming from PoK at Salamabad trade facilitation centre. After this incident, LoC trade was stopped for two weeks.

Interestingly, in the year 2008, the trade for the first time was allowed across the LoC between Jammu & Kashmir and Pakistan Occupied Kashmir (PoK). The trade was duty-free as the items traded were treated as ‘goods traded in’ and ‘goods traded out’ and not as imports and exports because India officially considers PoK to be an integral part of India.