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Indian PM Manmohan Singh accepts invitation to visit Pakistan, says Fahim

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Indian PM Manmohan Singh accepts invitation to visit Pakistan, says Fahim

By Mubarak Zeb Khan

ISLAMABAD: Commerce Minister Amin Fahim formally invited on Monday Indian Prime Minister Dr Manmohan Singh to visit Pakistan, reviving hopes that the two countries would fully exploit the potential of economic and business ties.

Mr Fahim extended the invitation during a meeting with Dr Manmohan in New Delhi at the end of his visit, said a statement issued by the commerce ministry in Islamabad. The minister extended his three-day (Sept-27-30) trip and visited shrines of Sufis and other tourist spots in India.

On return from India, Mr Fahim told reporters that the Indian prime minister has accepted the invitation to visit Pakistan. However, he did not say when would Mr Singh visit Islamabad.

Indian Commerce and Industry Minister Anand Sharma is scheduled to visit Pakistan next month as the head of a delegation of businessmen.

Mr Fahim expressed the hope that all hurdles would be removed to achieve the bilateral trade target of $6 billion over the next three years. According to him, the Indian prime minister said India wanted to see Pakistan a prosperous country.

Mr Fahim said the Indian decision to reverse its earlier stand of blocking the EU trade package at the WTO would benefit Pakistan.

The package was due to be implemented in January, but delayed because of resistance by India. The issue is now likely to be taken up for consideration on Oct 20.

According to the commerce ministry, Mr Fahim praised active participation and keen interest taken by Pakistani and Indian business communities at business conclaves organised by the Federation of Indian Chambers of Commerce and Industry in Mumbai and New Delhi.

Dr Manmohan stressed that Pakistan and India should jointly fight poverty. He assured Mr Fahim of his government’s full cooperation in boosting trade between the two neighbouring countries.

Indian PM accepts invitation to visit Pakistan, says Fahim | Newspaper | DAWN.COM


This is height manmohan singh is known for being pro pakistan at the cost of India but at a time where so well wishers and allies of pakistan like china and USA are keeping a distance and tightening nuts here we have manmohan singh who is helping pakistan in any way he can at the cost of India.

The people who have died due to terrorism or get wounded and their family members must be feeling cheated that how manmohan singh is rubbing salt on their wounds.

Everything have a time go ahead with the so called friendship and peace if it can ever achieved with pakistan but care about timings.

No need to rush for friendship just because sugar daddy USa have said so or you are getting old and people of India after anna hazare movements wanna kick you out.

So before that happens you just do anything so you can get the Noble Peace Prize for world peace India-Pakistan friendship.
 
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Delhi wants a stable, prosperous Pakistan

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75 Pakistani products to benefit from duty free European access; Indo-Pak trade diplomacy credited with ending EU concession impasse

ISLAMABAD - In the latest development of the ‘composite dialogue’ between regional arch enemies Pakistan and India, both countries have shown willingness to positively address issues pertaining to trade, commerce and industry.

Amin Fahim meets Manmohan Singh

New Delhi wants to see a stable and prosperous Pakistan, said Indian Prime Minister Manmohan Singh during his meeting with the Federal Commerce Minister Makhdoom Amin Fahim. It is pertinent to mention that India, in a welcome move, announced the decision to remove its objection over unilateral concessional trade package for Pakistani goods in EU markets in the WTO, without linking it with Pakistan granting it MFN status. These efforts have come to fruition as a result of continuous efforts of the incumbent government and its respective departments, most importantly the ministry of foreign affairs. The dawn of democracy in 2008 provided impetus for improved relations between Pakistan and the EU, and it was agreed to hold EU-Pakistan summit level engagement. President Asif Ali Zardari visited Brussels for the first summit in 2009. In recognition of Pakistan’s sacrifices against extremism and Al-Qaeda, taking into account the economic losses suffered due to terrorism and devastating floods last year, the EU leadership decided to give Pakistan-specific tariff concessions in the form of autonomous trade preferences under which 75 Pakistani products would benefit from duty free access to European markets. These trade concessions however required a WTO waiver. The EU applied for the WTO waiver in January. The waiver request enjoyed the support of 150 of 152 members of WTO. India out rightly opposed it and Bangladesh expressed certain reservations, demanding compensation. However, after diplomatic engagements between the two countries, India has decided to remove its objection over the Pak-EU trade deal.

Doubling bilateral trade

Commerce Minister Makhdoom Amin Fahim was on a visit to India at the invitation of his Indian counterpart Shri Anand Sharma. After more than three and a half decades, this is the first visit by a Pakistan commerce minister to India. Accompanying him was a high level official delegation including the commerce secretary and 50 business delegates from Pakistan. The composition of this delegation underscores the importance that both sides attach to such visits and the mutual desire for better bilateral trade and commercial relations. The joint press statement issued after the meetings said the ministers agreed to jointly work to more than double bilateral trade within three years, from current levels of $2.7 billion per annum to about $6 billion. This goal shall also be facilitated through the memorandum of understanding (MoU) signed between the India Trade Promotion Organisation and the Trade Development Authority of Pakistan. The MoU shall foster better trade promotional activities, for the benefit of business communities of both countries. In his meeting with the Pakistani commerce minister, Manmohan Singh stressed both Pakistan and India to work together for economic prosperity of the poor masses and in facing future financial challenges. He assured the Pakistani commerce minister of his government’s full cooperation in boosting trade links between the two neighbouring countries.

Recent gains

During the visit, Pakistan’s trade diplomacy succeeded in softening India’s stance, getting it to de-link the MFN demand from Pakistan’s EU waiver. It is pertinent to mention that presently India accounts for a total of over one per cent of Pakistan’s total trade, while Pakistan accounts for a negligible 0.5 per cent of India’s trade. According to a study employing the Peterson Institute for International Economics (PIIE) gravity model, total trade between the neighbouring countries could increase to a phenomenal $42 billion if certain roadblocks were sincerely addressed. Shortly before the trade delegation, Pakistan’s Foreign Minister Hina Rabbani Khar was highly successful in achieving desired results, and with the current composite dialogue in place, one can certainly hope for better trade ties between the two countries. While other countries have also raised objections over the proposed trade package by the EU, sources claimed that these differences are expected to be chalked out before the next meeting of the World Trade Organisation’s (WTO).

Delhi wants a stable, prosperous Pakistan | Pakistan Today | Latest news, Breaking news, Pakistan News, World news, business, sport and multimedia


Manmohan singh is a disgrace :hitwall: why he have to meet pak commerce minister when there is commerce minister anand sharma to do that???

MMS is a disgrace he have downgraded protocol and values :hitwall: a prime minister should not meet any jounior minister come on we are a big nation, big economy, big power...........
 
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vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvery nice news.i am really happy i hope we get good relation with India like we have with China.i hope we get some good news from this Visit.best of Luck to the People both Countries:welcome:
 
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vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvery nice news.i am really happy i hope we get good relation with India like we have with China.after all India has more Muslims then in Pakistan and they all are ours Brothers.i hope we get some good news from this Visit.best of Luck to the People both Countries:welcome:

You're a little misinformed. Indian Muslim population is approximately 112,000,000 according to 2001 census data.

Indian Muslim Population Data
 
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man 2001 census way toooooooooo old

Well I couldn't find any later data with a quick search but even if we are to assume that Indian Muslim fertility rate is 4% for the past 10 years, that would only have added another 11,000,000 more people.

Pakistan's population is roughly 170,000,000 with the overwhelming majority being Muslims so India definitely doesn't have more Muslims than Pakistan.
 
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Manmohan singh is a disgrace :hitwall: why he have to meet pak commerce minister when there is commerce minister anand sharma to do that???

MMS is a disgrace he have downgraded protocol and values :hitwall: a prime minister should not meet any jounior minister come on we are a big nation, big economy, big power...........


:rofl: :rofl: :rofl: :rofl:
 
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Despite existing conflicts, both countries should strive for peace and valuable relations. Both countries should enhance cooperation in particular issues moreover work for regional stability in rapid changing global strategic environment.
 
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