Mirpur (Pakistan), Sept 29: Modalities of trade between India and Pakistan to begin trade through Srinagar-Muzaffarabad and Poonch-Rawalakot routes have reportedly been finalized, official sources said.

The trade is scheduled to commence on October 21 on Srinagar-Muzaffarabad and on October 28 on the Poonch-Rawalakot route.

PoK Chamber of Commerce and Industry president Zulfiqar Abbasi, who will head a 21-member trade delegation to Kashmir from October 9, said that trucks would be allowed to go to the designated points on both sides of the LoC.

Islamabad, Sept 27: Goods trade between India and Pakistan through truck service will start on October 21 through the Uri-Muzaffarabad road in the Kashmir Valley, and through the Poonch-Rawalakot route on October 28, as hectic preparations are on, on both sides of the international border dividing India and Pakistan, reported The News.

The centre at Poonch, coming up at Rangar near the Chakan-da-Bagh crossing point on the Line of Control, will have truck terminal, godowns, customs and immigration offices, scanning chambers with X-ray machines, weighing bridge and security posts.

Poonch/Srinagar, Sept 27 : Civil construction work is progressing fast in Kashmir to facilitate trade with Pakistan administered Kashmir.

A trade centre and a truck terminal near the Chakan-da-Bagh crossing point on the Line of Control (LoC) is under construction, authorities said.

Hong Kong - Panic died down Thursday among customers of Hong Kong's Bank of East Asia who a day earlier had rushed to withdraw their savings amid rumours the bank was facing collapse.

Long queues of hundreds of customers died away Thursday morning after Hong Kong's chief executive, the head of its central bank and the bank's chairman all insisted the institution was not in difficulty.

Text messages widely circulated from Monday said the bank was on the brink of collapse, sparking a rush to withdraw funds from the bank's 130 branches in Hong Kong.

New Delhi - India and Pakistan have agreed to start bilateral trade between parts of Kashmir they separately administer by as early as next month, officials and news reports said Tuesday.

Officials from the countries who met in New Delhi on Monday finalized the "modalities" for starting the trade, a statement from India's External Affairs Ministry said.

New Delhi, Sept 17: Expressing full support of the Indian Government in rapid economic development of Nepal, Union Minister of Commerce and Industry Kamal Nath has said that manufacturing industry in Nepal could be the harbinger of faster growth in trade and industry in the country.

During his bilateral meeting with Rajendra Mahato, Nepalese Minister for Commerce and Supplies, here last evening, Nath referred to the warm social and economic relations between the two countries.