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Our Bureau

New Delhi , Aug. 8

Trade between India and Pakistan has risen 76 per cent to touch $600.77 million in 2004-05 with India enjoying a huge surplus mainly due to the initiatives taken by the two Governments.

According to an official statement, India's exports to Pakistan in 2004-05 jumped 76 per cent to $505.44 million last fiscal from $286 million in 2003-04. Imports from Pakistan rose 65 per cent to $95.33 million from $57.74 million a year ago.

In rupee terms, trade between two countries during 2004-05 grew 70 per cent to Rs 2,699.36 crore compared to 1,583.42 crore in 2003-04.

Indian exports to Pakistan included iron ore, dyes and chemicals, drugs and pharmaceuticals and plastic and linoleum products among others. Fruits and nut, cotton yarn and fabrics, pulses, spices, man-made filament and leather were the top products imported from Pakistan, the release added.

In order to improve bilateral trade, India and Pakistan had decided last year to set up the Joint Study Group on Economic Co-operation.

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