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India, Pakistan agree to normalize trade

Associated Press / November 16, 2011

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India and Pakistan agreed yesterday to normalize two-way trade, signifying a gradual thaw in relations between the two bitter rivals. At the end of two days of bilateral trade talks, Pakistan agreed to give its neighbor by early next year a small list of items that India cannot trade in with Pakistan. Both sides hope to do away with the list altogether by the end of 2012, freeing up all trade between the two countries, Indian Commerce Secretary Rahul Khullar told reporters.

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