MIRPUR (APP) - For the first time since its launch on October 22 last year, cross-LoC trade has touched a new milestone of Rs 50 million mark with imports reaching an all time high at over 30 million during two days of weekly business between Azad Jammu and Kashmir and Indian occupied Kashmir through Poonch-Rawlakot route, official sources said. Official sources told APP Thursday that hitherto, the highest trade from Chakan-Da-Bagh-Taitrinote cross-LoC point was about over Rs 40 million. This week, however, a sudden jump of nearly Rs nine million was recorded with the trade standing at over Rs 50m (5.02 crore). As against over Rs 30m worth supply of tradeable items from Azad Jammu and Kashmir to occupied Kashmir the items traded from occupied Kashmir were valued at over Rs 10.8 million. On Tuesday, the traders from IHK had imported items worth over Rs 10.3 million from AJK while the imports on Wednesday stood at over Rs 10.8 million. Similarly, exports from Poonch to AJK were worth over Rs 9.8m yesterday while on Thursday they were to the tune of over Rs 8.8m. Cross-LoC trade from Chakan-Da-Bagh is carried out on Tuesday and Wednesday of every week. This is for the first time that trade on Poonch-Rawlakote route had crossed Rs 50m figure, sources said. A total of 46 trucks till stipulated time late Wednesday exchanged sides from Chakan-Da-Bagh-Taitrinote cross, LOC point. While 17 trucks reached AJK from occupied Poonch, 29 trucks left for Poonch from AJK. The items traded from occupied Kashmir include coconut, kernil, herbs and apples while dal moong and almonds were the only items supplied from AJK to the traders of occupied Kashmir. It may be mentioned here that the traders of occupied Poonch had yesterday charged the businessmen of Indian Punjab province of carrying out business through Poonch-Rawlakot route by proxy with the help of some Jammu based businessmen to avoid customs duty, which is imposed on trade conducted through Wagah border in Amritsar district while the same was exempted from Chakan-Da-Bagh-Taitrnote cross LoC point. The Poonch traders had demanded confining the trade for every businessmen to just one truck worth import and exports to check the practices of Indian Punjab traders. Matloob Khan, GM DIC Poonch and Arshad Mirza, TFO Hajeera were present at Chakan-Da-Bagh during cross-LoC trade.