Pak, India trade volume climbs to $2.5bn

[Devil Soul]

Pak, India trade volume climbs to $2.5bn
ISLAMABAD -

Pak-India Join Business Council Chairman Noor Ahmad Kasuri while emphasising the trade relations improvement discussed in the 5th meeting of Pak-India secretaries of commerce level meeting said that the current trade volume is touching $ 2.5 billion.



Talking to media, he said that Pakistan and India had to sustain loss due to the two wars, which they fought in the past.



On this occasion, Economist Kashif Mustafa said that it is in the interest of Pakistan and India to make trade dialogues positive and conclusive.



He said due to the geographical location, Pakistan and India have the potential to improve mutual trade which would boost the economic conditions of both countries.



Kashif Mustafa further stated that whenever the trade dialogue between both countries gets momentum, other core issues will get resolved.

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[Contrarian]

Good.
It must improve exponentially more.

 

[IceCold]

Amazing how threads like these see little to no viewers or comments from both sides while leave no chance to bash each other in other threads. Pitty

 

[Star Wars]

Need to be far more...this is too low

 

[avrilcory]

Thanks for sharing the news about Pak-India council, Pak business council discuss the trade relations improvement in the 5th meeting of Pak-India.


Thanks
The Indian Republic

 

[Farooq]

Good.
It must improve exponentially more.

It would be great to see trade between the two countries increase exponentially, but it doesn't mean we can't troll one another

 

[Cheetah786]

Amazing how threads like these see little to no viewers or comments from both sides while leave no chance to bash each other in other threads. Pitty

Because 2.5 billion/yr trade between these 2 is a joke it should be lot bigger number

 

[kaykay]

Well considering our size and market of both countries, trade should be more than $20 Billion. Anyway Good luck ahead.

 

[M Amir Saleem]

Need to be far more
this is too low

 

[HariPrasad]

Because 2.5 billion/yr trade between these 2 is a joke it should be lot bigger number

Exactly. It should be may fold higher than what it is.

 

[Contrarian]

Because 2.5 billion/yr trade between these 2 is a joke it should be lot bigger number

It will rise as soon as Pakistan phases out the negative list.
It has already risen just on account of change from a positive list to a negative list.

 

[IceCold]

Because 2.5 billion/yr trade between these 2 is a joke it should be lot bigger number

And how exactly will this become bigger with the prevailing attitude on both sides?

 

[Jzaib]

it will b much more after the indian election is done ... anti pakistanism was on high during indian and bangaldeshi election ....

 

[Cheetah786]

And how exactly will this become bigger with the prevailing attitude on both sides?

At one time you couldn't come near french and Germans border without few 1000 holes in your body and now you can dance on the border and just look like nut job without the fear of every getting shot.

For every nut job on both side who wants to fight the other side, i bet you there are 1000s who want peace and prosperity and rather trade flowers and goods every day then bullets.

Every billion dollars investment creates 4500 good paying and 100s other support jobs.Because of the trade when jobs are created most people will rather work then pick up a gun.

 

[Cherokee]

Real Numbers are multiple times this . But Since it is done via Dubai etc official figures does not show . That way Pakistan/India is loosing tax revenue and consumers are paying extra amount to cover the costs . I would not be surprised if the "Real" trade amount comes to 6-10 billion .