The terminal has immigration facilities to ease the movement of traders and lorries carrying goods over the border.
The area will be closely monitored by multiple close-circuit cameras.
Businessmen of both countries have long complained of difficulties in accessing each other’s markets.
Several top Indian and Pakistani ministers were present during the formal inauguration of the facility.
Pakistan has decided to liberalise trade with India and recently announced it would phase out restrictions on most imports which are currently banned.
The first meeting in India of Prime Minister Manmohan Singh and Pakistani President Asif Ali Zardari on Sunday raised hopes that the peace process – set back by the 2008 Mumbai attacks – could be revitalised.
Hundreds of fishermen are arrested each year by both governments, but the resumption of the peace process between the two countries after the 2008 Mumbai attacks has raised hopes they can be more quickly released.
The Press Trust of India (PTI) news agency quoted Karachi’s prison superintendent Nazeer Husain Shah as saying that another 423 Indian fishermen are still being held.
Meanwhile, more than 150 Pakistani fishermen are in Indian prisons, PTI quoted Pakistani officials as saying.
(Visited 1 times, 1 visits today)