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India

Pakistan trade deficit with India stands at Rs 2.582b in Jan

By Mahmood Idrees  February 3, 2015 - Costom Today - LAHORE: Pakistan Customs Land Freight Unit Wagha border Lahore has collected Rs 483 million revenue during January 2015 in the head of sales tax, duty tax and income tax. As per available documents, Pakistan Customs has collected Rs 136531603 as duty tax, Rs 163204931 as sales tax, Rs 11518345 as additional sales tax and Rs 171171410 as income tax during one month. On the other hand, Pakistan and India made trade worth…

Thorny ties: Research bodies back Pakistan-India trade

September 14, 2014 - By Shahram Haq - Tribune - LAHORE: Global research and financial institutes along with local communities of India and Pakistan are stressing on trade normalisation between the true countries. Keeping in view the history of both nations, experts believe trade should not be mixed with political and territorial matters, as these issues do not only hamper bilateral trade but are responsible for the region not performing to its optimum level. The private sector of both…

India unlikely to attend crucial climate change huddle

September 9, 2014 - By Zafar Bhutta ISLAMABAD(Tribune): Top officials of the United Nations confirmed on Monday that Indian premier would not attend a crucial summit of world leaders on climate change, in a setback to the expected global climate deal in Paris next year aimed at reducing greenhouse gas emissions and releasing funds for improving the environment. “Indian Prime Minister Narendra Modi will not attend the UN summit on climate change,” said Daniel Shepard, Climate Change…

Pakistan-India talks: premiers may meet next month

August 22, 2014 By Naveed Ahmad ISLAMABAD: The prime ministers of Pakistan and India are likely to meet on the sidelines of general debate of the 69th session of the UN General Assembly in September despite heightened rhetoric from New Delhi and cancellation of secretary-level talks scheduled for August 25, source say. Back-to-back provocative statements and heightened tensions along the Line of Control and the Working Boundary have so far failed to dampen Islamabad’s…

Trade ties with India

April 08, 2014 Sir: At the moment, Pakistan seems obsessed with the idea of promoting a liberalised trade regime with India, ignoring altogether its own economic compulsions and domestic needs. Reciprocating the Indian policy, Pakistan is all set to grant Most Favoured Nation (MFN) status — now NDMA status — to India. At present, India obviously has a sort of comparative advantage and edge over Pakistan. Both its agriculture and manufacturing sectors are more efficient and competitive…

Trade with India: Stand-alone or linked to an irritant!

April 07, 2014 ANJUM IBRAHIM The question is why the PML-N government did not extend the Most Favoured Nation (MFN) status to India after hectic commerce diplomacy, in which the Chief Minister Punjab and the Commerce Minister Khurram Dastgir proactively engaged with Indian authorities. Last week's article detailed a number of sectors that oppose grant of MFN status to India due to subsidies extended by the Indian government and/or through the application of Non-Tariff Barriers…

Missing the point: Pakistan-India relations

Asif Ezdi Monday, March 31, 2014 Sharif just doesn’t seem to get it. After his meeting with Kerry at The Hague last Monday, the prime minister once again pleaded for US mediation to help resolve the Kashmir dispute with India, much as he had done five months earlier on his visit to Washington last October. The US had on that occasion indirectly turned down Nawaz’s appeal by restating its position that it is for Pakistan and India alone to determine the “pace, scope and character of their…

JI reiterates stance on MFN status to India

Wednesday, March 26, 2014 LAHORE: Jamaat Islami (JI) General Secretary Liaqat Baloch Tuesday said the incumbent government wanted to destroy the country’s agriculture and farmers by opening free trade with India. Talking to a delegation of growers at Mansoora on Tuesday, he said free trade with India would be poisonous for Pakistan’s economy and agriculture because the production cost in the country was very high due to costly power, inputs and heavy taxes, while Indian products were…

Pakistan to reap billions by awarding MFN status to India

March 20, 2014 Imran Ali Kundi ISLAMABAD - Setting aside the reservations of the local industry and farmers, the PML-N government is all set to give non-discriminatory market access/most favoured nation status to India within next few days that would provide benefit of Rs 550 billion to Rs 600 billion to the country’s economy. “India has given clear indication to accept Pakistan’s two main demands of accommodating exportable items and removing additional duties within six months,…

Pakistan, India to share agriculture expertise

February 20, 2014 Nation CHAPPAR CHIRI: Punjab Governor Mohammed Sarwar called on Indian Punjab Chief Minister Parkash Singh Badal to discuss the need to synergise efforts between both the provinces to mutually benefit their farmers through modern farm practices by sharing their experiences and expertise. Sarwar called upon Badal on the sidelines of the Progressive Punjab Agriculture Summit (PPAS) here. He said in furtherance of this objective there should be regular exchange of…

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