india-pakistan peace boosts trade calmer relations between india and pakistan are paying economic dividends  with new figures showing bilateral trade up threefold in the summer.  the value of trade in april-july rose to $186.3m (£97m) from $64.4m in the same period in 2003  the indian government said. nonethless  the figures represent less than 1% of india s overall exports. but business is expected to be boosted further from 2006 when the south asian free trade area agreement starts. both countries eased travel and other restrictions as part of the peace process aimed at ending nearly six decades of hostilities.  sugar  plastics  pharmaceutical products and tea are among the major exports from india to its neighbour  while firms in pakistani have been selling fabrics  fruit and spices.  if the positive trend continues  two-way trade could well cross half a billion dollars this fiscal year   india s federal commerce minister kamal nath said. according to official data  the value of india s overall exports in the current fiscal year is expected to reach more than $60bn  while in pakistan s case it is set to hit more than $12bn. meanwhile  the indian government said the prospects for the country s booming economy remained  very bright  despite a  temporary aberration  this year. its mid-year economic review forecasts growth of 6-6.5% in 2004  compared with 8.2% in 2003. higher oil prices  the level of tax collections  and an unfavourable monsoon season affecting the farm sector had hurt the economy in april-september  it said.