What trade?
Yeah trolll nicely . Check this out . U need some real education on Indo Pak Trade and How India helping Pakistan like an Idots . Trade between India and Pakistan surges 21% to $2.4 billion. $513m were Pakistan’s exports to India from April 2012 to March 2013 compared to India’s exports worth $1.84b
According to an official statement released by the Indian High Commission in Islamabad, Pakistan’s exports to India in the last Indian financial year (April 2012-March 2013) grew 28% and reached $513 million. Metalliferous ores and metal scrap, organic chemicals, raw cotton and leather were among the commodities that contributed significantly to the increase.
The High Commission termed the 28% increase in Pakistan’s exports “impressive” when viewed in the context of negligible increase (0.3%) in India’s overall imports.
India’s exports to Pakistan in the same period increased $300 million, a growth of 19%. Total Indian exports to Pakistan stood at $1.84 billion, putting the trade balance in favour of New Delhi.
“The growth in bilateral trade, especially in Pakistan’s exports to India, reflects the positive effect of a number of steps taken towards fully normalised trade relations,” the High Commission stated.
It added three bilateral agreements signed in 2012 in the areas of customs cooperation, mutual recognition of standards and addressing trade grievances were intended to further improve trade environment.
In February last year while taking a giant leap forward, Pakistan abolished the positive list containing only 1,956 tradable items and enforced a negative list of 1,209 untradable items until both sides agree on absolute trade normalisation. Pakistan was expected to abolish the negative list by December last year, but the deadline was missed due to Indian reluctance to address Islamabad’s concerns about non-tariff barriers and resistance by Pakistan’s automobile and pharmaceutical sectors.
Analysts hope that both sides will start trade negotiations from where these were left off once Sharif’s party takes the reins of the country.
Published in The Express Tribune, May 14th, 2013.
Trade between India and Pakistan surges 21% to $2.4 billion – The Express Tribune
P.S Im not sure, but this might have been a reaction to Indian army killling on Pak army soldier.
What killing ? Dude Why India will kill pakistan when India is not even attacking pakistan for these terror strikes and Cease Fire Violation ? Dont you think. And do u think our PM MMS Ji will even think about it ?
NOT