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Pakistan's exports to India increase by 66%

A.Rafay

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Indian Express:

Amidst intense lobbying by several Pakistani industries to block the grant of MFN-status to India, the latest trade figures show that Pakistani exports increased by 66 per cent after the two countries initiated steps to normalise trade relations.

Pakistan's exports to India during April-December 2012 showed a growth of 66 per cent over the same period in 2011, according to figures from the Directorate General of Commercial Intelligence and Statistics of India's Commerce Ministry.

In contrast, India's exports to Pakistan grew by 16 per cent during April-December 2012.

Pakistan's exports to India in the nine-month period were valued at USD 460 million, significantly higher than the exports of USD 277 million during April-December 2011.

The figure for the nine-month period was also higher than Pakistan's total exports to India during 2011-2012, which were valued at USD 401 million.

"The growth of 183 million dollars in Pakistan¿s exports to India during April-December 2012 is more than the increase of about 170 million dollars in its imports from India in the same period," said an official statement from the Indian High Commission.

The latest figures further showed that the share of Pakistan's exports in bilateral trade had almost doubled since 2009-10.

"The impressive increase in Pakistan's exports during April-December 2012 reflects the benefits of the steps taken to enhance bilateral trade, and improvement of trade environment, aided by SAFTA tariff reductions," the statement said.

The figures are in complete contrast to claims by some Pakistani industries, including agriculture, pharmaceuticals, textiles and automobiles, that the liberalisation of bilateral trade would lead to Pakistani markets being swamped by cheaper Indian goods.

However, some businessmen have acknowledged that these industries are opposing trade liberalisation and the grant of Most Favoured Nation-status as they fear it will lead to end of their monopolies.

Pakistan's exports to India increase by 66% - Indian Express
 
China and America despite being enemies do trade! So there is nothing wrong even if India is our enemy!

For God sake
:astagh:
@Abhishek_ change your avatar! U might get banned! What message are u giving to pre-teens on PDF
 
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positive development :tup:
congrats PK
@Abhishek_
:angry: :angry:
WHAT THE HELL IS YOUR AVATAR??

punch_out_von_kaiser_03.jpg
 
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China and America despite being enemies do trade! So there is nothing wrong even if India is our enemy!

For God sake
:astagh:
@Abhishek_ change your avatar! U might get banned! What message are u giving to pre-teens on PDF


LOL, since when are China and the US enemies?
 
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36 guests visiting this thread! Wow ! PDF zindabad!
 

One opinion article is your proof that they are enemies? China would never attack the states, not just because it would handily be beaten, but because they own a lot of debt from the US. If you loan someone a large sum of money, the last thing you are going to do is attack them. You don't kill the Golden Goose, that how you end up without any Golden eggs.
 
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@TheJewverine
we will see! And btw alliance with US isnt any good either! :police: we know!
But this is :offtopic: Btw!
 
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