India-Pakistan trade embargo lifted 7 December 1974, seven commodities allowed
This protocol between India and Pakistan agrees to lift the trade embargo effective 7 December 1974 and resume commercial relations based on mutual benefit and most-favoured-nation treatment.
The Government of India and the Government of the Islamic Republic of Pakistan, specifically involving their Commerce Secretaries, Government Controlled Trade Corporations, and sectors including cotton, engineering goods, jute, iron ore, railway equipment, rice, and tea.
- Lift trade embargo with effect from 7 December 1974
- Trade conducted on free convertible currency basis
- Most-favoured-nation treatment in accordance with GATT provisions
- Initial trade conducted on Government-to-Government basis or through Government Controlled Trade Corporations
- Immediate trade possibilities noted for cotton, engineering goods, jute manufactures, iron ore, railway equipment, rice, and tea
- Experts to meet in December 1974 to restore direct shipping services
- Discussions to be arranged for restoration of rail links
- A Trade Agreement to be concluded with an Indian delegation visiting Pakistan in the first week of January 1975
Written from the document by AI, and checked against it. The original below is authoritative.
The original document
Agreement
30 November, 1974
Document details
| Official title | Protocol on Resumption of Trade |
| Source body | Ministry of External Affairs — bilateral & trade documents |
| Reference number | 6082 |
| Status | closed (agreement) |
| Year | 1974 |
| Closing date | 30 November, 1974 |
| Documents | 1 |