Business

India toughens business visa rules for Pakistanis

NEW DELHI: Indian authorities have decided that an enterprise worth minimum Rs 10 million will be a prerequisite for Pakistani entrepreneurs to seek special business visa “India business card” for SAARC states, according to media reports.

The country is open to traders and businessmen in South Asia, however certain conditions apply in case of Pakistani entrepreneurs, said the Indian Ministry of Home Affairs.

India is expected to introduce the scheme in April this year, which is meant to boost trade in South Asia.

A Pakistani-owned business must have an annual turnover of at least Rs 10 million to allow the entrepreneur to avail the multiple entry card for three years. In addition to this, the person should also be a member of a chamber of commerce in Pakistan, recognized by India.

Other reports suggested that conditions on Pakistani traders were imposed under pressure from covert agencies.

No other SAARC country has been subjected to visa conditions except Pakistan.

Comments

comments

Copyright © 2016 ARYNEWS.tv

To Top