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India’s ties to Pakistan mending

naveen mishra

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NEW DELHI — India and Pakistan agreed at the weekend to allow round-the-clock movement of trucks and containers through their main border crossing, signalling a thaw in relations after a year’s standoff over military tensions on the border.

Trade ministers of the two countries meeting in New Delhi also approved a liberalised visa policy for businessmen to help expand two-way trade, which was barely $2.5bn in 2012-13 fiscal year against a potential $10bn.

Both sides hope closer integration of Pakistan with India’s giant economy would help to lay the ground for a lowering of political tensions between them.

"We have agreed that we will open Wagah-Attari border 24/7 for trade," Anand Sharma, India’s trade minister told reporters, referring to the main border crossing in Punjab. The border gates at the moment are open only from dawn to dusk.

Pakistan also agreed to provide nondiscriminatory market access to Indian companies. Over the last year there was little movement on trade because of a series of incidents over military control of the line dividing Kashmir between the two countries.

Two years ago, the two countries set a goal of taking bilateral trade to $6b n by 2014, which now seems difficult to attain.

Pakistan’s Commerce Minister, Khurram Dastgir Khan, said the country’s central bank had proposed India granting banking licences to three Pakistani banks, a move that would be reciprocated by his side.

India’s ties to Pakistan mending | Asia-Pacific | BDlive
 
India-Pakistan trade... By Tajammal
It is a fact that those countries prosper more that enjoy good relations with their neighboring countries. Unfortunately India and Pakistan could not establish such relations with each other even after 66 years. It has also affected other genres of relations such as in trade and commerce, though their markets need such contacts badly. Now at last the ice is melting because of good relations of PML-N with India. The commerce ministers of India and Pakistan met the other day at New Delhi and decided that Pakistan will open branches of three Pakistani banks in India and vice versa. It was also decided that Wahga border will remain open for 24 hours and Indian and Pakistani containers will be unloaded at Lahore and Amritsar instead of at Wahga-Attari border. It was also agreed that at the end of next month all Indian products will be welcomed in Pakistan if India provides a meaningful market access to Pakistani products.

Although India has already granted the Most Favoured Nation (MFN) status to Pakistan, Pakistan has yet to do the same. It appears high time that Pakistan takes the course and gives MFN status to India. It is a good gesture that Islamabad has proposed a new name to MFN, i.e. non-discriminatory market access, to assuage any anger at home. One hopes that it creates a good trade atmosphere between the two countries. In the long run, amicable trade relations between India and Pakistan will be very beneficial for both the nations.

India-Pakistan trade... By Tajammal - PakTribune
 
Pakistan also agreed to provide nondiscriminatory market access to Indian companies

Is it new name for MFN? As there was rumors that Ganja will give MFN to India using some other term as MFN has become very political :what:
 
Is it new name for MFN? As there was rumors that Ganja will give MFN to India using some other term as MFN has become very political :what:
You are saying as it is bad for Pakistan.....
Pakistan has given MFN status to China or not?
 
You are saying as it is bad for Pakistan.....
Pakistan has given MFN status to China or not?

We don't like to give Most Favored Nation status to country who not let a single day go without bashing & doing propaganda against us. :angry:

China doesn't need MFN from us nor we from them. :pakistan::china:
 
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Healing of a fractured limb is a natural process, all that is needed is immobilization & alignment of both the broken ends.

Relations between two nations do not follow any ' natural' ' simplistic lines.

For them to mend, the desire to mend must be there from both the broken ends.
 
We don't like to give Most Favored Nation status to country who not let a single day go without bashing & doing propaganda against us. :angry:

China doesn't need MFN from us nor we from them. :pakistan::china:

we appreciate........only future will tell
 
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