360° Coverage : Pakistani daily calls for improving trade with India

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Pakistani daily calls for improving trade with India

Dec 24 2013, 3:05am CST | by

Islamabad, Dec 24 (IANS) Pakistan and India should "agree to trade freely for their own and the region's prosperity", said a leading Pakistani daily Tuesday.

Islamabad, Dec 24 — Pakistan and India should "agree to trade freely for their own and the region's prosperity", said a leading Pakistani daily Tuesday. An editorial in the Dawn said the Nawaz...

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36 weeks ago

Pakistani daily calls for improving trade with India

Dec 24 2013, 3:05am CST | by

Islamabad, Dec 24 (IANS) Pakistan and India should "agree to trade freely for their own and the region's prosperity", said a leading Pakistani daily Tuesday.

Islamabad, Dec 24 — Pakistan and India should "agree to trade freely for their own and the region's prosperity", said a leading Pakistani daily Tuesday.

An editorial in the Dawn said the Nawaz Sharif government is believed to have decided to de-link the issue of trade relations with India from the progress on the slow-moving composite dialogue between the two countries.

"The decision, if implemented, should significantly boost bilateral trade that has increased from $1.8 billion to $2.6 billion since the resumption of commerce secretary-level talks in April 2011."

An important measure that Pakistan plans to take is to increase the number of items that can be traded through the Wagah-Attari land route from the present 137 to 500. "It represents a major move towards complete normalisation of bilateral trade," said the daily.

It noted that the two countries have made a lot of progress on trade normalisation in the last three years.

"Yet a number of issues and impediments created by both sides continue to impede the free flow of goods across the border. If Pakistan, for example, is dragging its feet on allowing the free movement of goods via the only land route and resisting containerisation of trade, India is not ready to lower the quality standard barriers that restrict our exports."

"The two neighbours have also yet to allow free vehicular movement to help business cut costs and delivery time. This is despite the desire of businessmen on both sides for a free-trade regime," it said.

The daily went on to say that the dismantling of many an impediment in recent years promises a bright future for business and trade relations between the two largest South Asian economies.

"It may take some time but both countries will finally have to accommodate each other's concerns and agree to trade freely for their own and the region's prosperity. The good news is that the political leadership on both sides realises this..."

The Dawn said: "The recent visits of (Punjab) Chief Minister Shahbaz Sharif and prime ministerial adviser Sartaj Aziz to India also focused on improving trade ties with India. Once we are able to pull down the barriers impeding the free flow of trade, progress on other bilateral issues will follow."

IANS

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11

13 hours ago

Maulana Fazlur Rehman questions demand of PM’s resignation

Sep 2 2014 8:25am CDT | Source: The Nation - Pakistan

ISLAMABAD- Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman vowing to stick with Prime Minister Nawaz Sharif said democracy is under attack by the so-called political parties. “How can you resign for 30 days? What difference will that make to the situation,” he questioned. “Our Parliament got attacked and we just sat there and watched,” he further ... ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
10

13 hours ago

Power must not be used on protesters: Senator Zahid Khan

Sep 2 2014 8:14am CDT | Source: The Nation - Pakistan

ISLAMABAD- Awami National Party Senator Zahid Khan said behavior of Nawaz Sharif is not democratic and egoistic. Power should not be used on protesters, he added. He said all political parties are ready to become the guarantors but Imran Khan and Tahir- ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
9

13 hours ago

Imran Khan adamant not to return till PM’s resignation

Sep 2 2014 7:57am CDT | Source: The Nation - Pakistan

ISLAMABAD- Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan today reiterated his unwavering resolve that he would never return home without taking Nawaz Sharif’s resignation. Rubbishing Javed Hashmi’s claims, Khan said that he did not meet any judge but met with Justice Nasirul Mulk. Jettisoning Hashm ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
8

17 hours ago

Pakistani prime minister chairs joint parliamentary session as crisis deepens

Sep 2 2014 4:05am CDT | Source: Business Day

Nawaz Sharif chairs joint session of parliament as deepening crisis over violent protests demanding his resignation prompt fea ...
Source: Business Day   Full article at: Business Day
 

 
Update
7

1 day ago

NA reiterates unflinching support for PM

Sep 1 2014 2:00pm CDT | Source: The Nation - Pakistan

ISLAMABAD - The National Assembly on Monday reiterated its unflinching support to Prime Minister Nawaz Sharif and assured him of not allowing any move to derail democracy and the system in the country. Resuming debate on the current political situation, they urged the prime minister not to resign, but stay firm. Participating in the debate, Aasiya Nasir of Jamia ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
5

1 day ago

The Wall Street Journal: Pakistani protesters seize TV station as clashes continue

Sep 1 2014 3:50am CDT | Source: MarketWatch

Antigovernment protesters occupied the headquarters of the country’s state television in a further escalation of the political crisis that is threatening to bring down the government of Prime Minister Nawaz Sharif. ...
Source: MarketWatch   Full article at: MarketWatch
 

 
Update
4

1 day ago

The 10 Most Important Things In The World Right Now

Sep 1 2014 2:47am CDT | Source: Business Insider

Good morning! Here's what people will about on Monday, also Labor Day in the United States. 1. In response to the killing of three Jewish teens in June, Israel said it has plans to takeover nearly 1,000 acres of land in the Palestinian-occupied West Bank. The move is believed to be the "largest seizure by Israel in 30 years," the BBC said.  2. Police used pepper spray on pro-democracy demonstratorsin Hong K ...
Source: Business Insider   Full article at: Business Insider
 

 
Update
3

1 day ago

Khan wants PM to quit immediately

Sep 1 2014 2:23am CDT | Source: The Nation - Pakistan

Islamabad- Chairman Pakistan Tehreek-e-Insaf, Imran Khan, has held government responsible for violence in Islamabad and reiterated his demand Prime Minister tender resignation. He was speaking to protestors from atop his container in Islamabad’s Red Zone where charged mob entered Pak Secretariat and PTV buildings earlier today. “P ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
2

2 days ago

From containers, Imran & Qadri keep charging marchers

Aug 31 2014 2:00pm CDT | Source: The Nation - Pakistan

ISLAMABAD - "Constitution Avenue", Saturday, 9.40pm, PTI Chairman Imran Khan is addressing his thousands of supporters gathered in the parade avenue protesting against alleged rigging in the last general elections. After protesting peacefully since August 19 and demanding resignation of Prime Minister Nawaz Sharif, Khan seemed impatient, now. "We have been givi ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
1

2 days ago

Imran to press on with protests until Nawaz Sharif resigns

Aug 31 2014 8:56am CDT | Source: HeadlinesToday.in

The PTI chief told supporters in Islamabad he would not back down from his demand for the PM to resign and called on more protesters to join him ...
Source: HeadlinesToday.in   Full article at: HeadlinesToday.in
 

 

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The Indo-Asian News Service (IANS) was established in 1986, initially to serve as an information bridge between India and its thriving diaspora in North America. Today it is a full-fledged, 24 by 7 agencies putting out the real-time news from India, South Asia and news of interest to this region around the world.

 

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