India-Pakistan agree to review 1975 Shipping Protocol in September 2005
This joint statement records the outcomes of the second round of India-Pakistan talks on Economic and Commercial Cooperation held in August 2005. The two countries agreed on specific measures to enhance bilateral trade, including reviewing air and shipping agreements and facilitating banking and financial cooperation.
India and Pakistan; specifically involving the Ministry of Commerce (both countries), the Securities and Exchange Board of India (SEBI), the Securities and Exchange Commission of Pakistan (SECP), scheduled banks, and sectors including aeronautics, shipping, customs, and telecommunications (fibre optics).
- Aeronautical talks to review the Air Services Agreement scheduled for September 2005 in Pakistan.
- Bilateral meeting to review the 1975 Shipping Protocol scheduled for September 2005 in Pakistan.
- Second Meeting of the Joint Study Group (JSG) to be convened in Islamabad, preceded by sub-group meetings on Non-Tariff Barriers and Customs Cooperation.
- Commitment to process requests for opening branches of scheduled banks in each other's country expeditiously.
- Progress noted on a Memorandum of Understanding (MoU) between SEBI and SECP.
- Hope expressed for the establishment and operationalization of a Fibre Optic link between Amritsar and Lahore.
Written from the document by AI, and checked against it. The original below is authoritative.
The original document
Agreement
10 August, 2005
Document details
| Official title | Joint Statement, Second Round of India-Pakistan talks on Economic and Commercial Cooperation |
| Source body | Ministry of External Affairs — bilateral & trade documents |
| Reference number | 6853 |
| Status | closed (agreement) |
| Year | 2005 |
| Closing date | 10 August, 2005 |
| Documents | 1 |