KARACHI: A short-term trade agreement between Bharat and Pakistan was signed ...

on Friday [April 21]. The agreement will be in operation until July 51, 1950. Under the Agreement, the Government of Pakistan will supply to Bharat 8,00,000 bales of raw jute and the Government of Bharat ... have agreed to export certain essential commodities like jute manufactures, steel, cotton textiles, mustard oil, etc., to Pakistan.

With a view to avoiding currency difficulties, the two ... have agreed to maintain a special account as a temporary measure for the transactions ... in Bharati rupees. The movement of certain commodities across the border ... will be made free by the two Governments, with a view to maintaining a balance of trade... .

It has been laid down in the Agreement that the representatives of the railways of both ...

would be meeting within a fortnight`s time to find ways and means to facilitate the movements of goods by rail. The joint Press communique ... describes the opening of trade in a defined sphere as a first step towards the attainment of the revival of trade between Pakistan and Bharat. Staff correspondent