Terror funding, fake currency & supply of arms compelled Govt to suspends trade on LoC

NEW DELHI: Channeling funds for terror, supply of arms to terrorists, fake currency, drugs and infiltration of third party good  were main reasons behind the suspension of trade on Line of Control (LoC) by the Government, a senior Home Ministry  functionary said here on Friday.

The LoC trade has been suspended on April 19 by the Government till further order.

LoC trade across Chakan-Da-Bagh and Salamabad was intended as a confidence building measure for the population living in remote areas of Jammu and Kashmir and living across LoC in Pakistan occupied Jammu and Kashmir (PoJK) and Jammu and Kashmir (J&K).

“Unfortunately, the third parties manipulated the trade and misused it for trading goods being produced from outside the state of Jammu and Kashmir”, the MHA officials said.

“For example the almonds produced in California finding their way through LoC trade involving a large transport network spread in many countries”, he added. (AGENCIES)