Pak-Russian trade to reach $800 million

[Ahmet Pasha]

Yeah man thats what people of my school of thought keep saying but are rejected as being naysayers by Chinese Communist Party bots(censorship state) and Pakistanis alike.

Looking at the recent past history it very unlikely Pakistanis will put anything into CPEC. Nations are built on hard work not give aways.

 

[dBSPL]

Damn!! 35 billion trade deficit

how long can Pakistan survive, I see Rupee going to 250 Vs dollar in few years if situation doesnt improve

Turkey's foreign trade deficit around $ 55 billion.

 

[xyxmt]

Turkey's foreign trade deficit around $ 55 billion.

Turkey gets 40 billions from tourists

 

[OldenWisdom...قول بزرگ]

Once Pakistan connects with Central Asia the trade will increase manifold.

 

[Pakistansdefender]

Is there putin Imran meeting in near future.
Just asking because of some rumors flying around? @BHarwana

 

[kmc_chacko]

Turkey's foreign trade deficit around $ 55 billion.

Turkey gets 40 billions from tourists

Are you guys serious or joking.

Though both have almost same area but you guys are comparing Pakistan's $ 35 Billion trade deficit against $ 300 billion economy with Turkey $ 55 billions for $ 900 Billion and also you forget that Turkey ($ 130 billions) have more Forex Reserve compared to Pakistan's ($ 9 billions).

Once Pakistan connects with Central Asia the trade will increase manifold.

Isn't it already connected ?

 

[xyxmt]

Are you guys serious or joking.

Though both have almost same area but you guys are comparing Pakistan's $ 35 Billion trade deficit against $ 300 billion economy with Turkey $ 55 billions for $ 900 Billion and also you forget that Turkey ($ 130 billions) have more Forex Reserve compared to Pakistan's ($ 9 billions).



Isn't it already connected ?

genius a trade deficit is a trade deficit, even if you are 3 trillion economy but if you keep running trade deficit 300 billion a year then within a decade you wont be a 3 trillion economy.

 

[Thəorətic Muslim]

genius a trade deficit is a trade deficit

The Turks can support it, they aren't going to go bankrupt to pay for imports in 2 weeks.

 

[kmc_chacko]

genius a trade deficit is a trade deficit, even if you are 3 trillion economy but if you keep running trade deficit 300 billion a year then within a decade you wont be a 3 trillion economy.

By your way US should have been bankrupt by now and US $ should have collapsed & devalued .

But your point is right & valid, in fact, every country try to work towards reducing trade deficit and increase Exports, whereas Pakistan doing it reverse, that's my point.

 

[xyxmt]

By your way US should have been bankrupt by now and US $ should have collapsed & devalued .

But your point is right & valid, in fact, every country try to work towards reducing trade deficit and increase Exports, whereas Pakistan doing it reverse, that's my point.

which currency in which you measure trade deficit?
If trade deficit is in Pakistan rupee than Pakistan also wouldnt care about it

 

[kmc_chacko]

I was referring you below post

genius a trade deficit is a trade deficit, even if you are 3 trillion economy but if you keep running trade deficit 300 billion a year then within a decade you wont be a 3 trillion economy.

United States' trade balance from 2000 to 2017 (in billion U.S. dollars)
https://www.statista.com/statistics/220041/total-value-of-us-trade-balance-since-2000/

In last decade with an average of $ 500+ billions of trade deficit US economy was grow at 2% and $ has strengthened by 26%. Isn't your theory is wrong ?

which currency in which you measure trade deficit?
If trade deficit is in Pakistan rupee than Pakistan also wouldnt care about it

Everyone measure International Transactions in US $, even after with ever-growing $ 21 Trillion + debt, isn't it strange ?

 

[The Accountant]

I was referring you below post


United States' trade balance from 2000 to 2017 (in billion U.S. dollars)
https://www.statista.com/statistics/220041/total-value-of-us-trade-balance-since-2000/

In last decade with an average of $ 500+ billions of trade deficit US economy was grow at 2% and $ has strengthened by 26%. Isn't your theory is wrong ?



Everyone measure International Transactions in US $, even after with ever-growing $ 21 Trillion + debt, isn't it strange ?

Because US the only country that is exporting currency ... US dollar is acveptable as world currency ... US is virtually world's central bank ... is there any risk of shortage of fund to any central bank ? Whenever they will get short of money they can print more ...

 

[kmc_chacko]

Because US the only country that is exporting currency ... US dollar is acveptable as world currency ... US is virtually world's central bank ... is there any risk of shortage of fund to any central bank ? Whenever they will get short of money they can print more ...

& US only country capable of consuming anything & everything irrespective of price.

Since you are an Accountant, please tell me why this rule didn't work with Diamond rich Zimbabwe or Oil rich Venezuelan both printing notes as per their requirements.

 

[The Accountant]

& US only country capable of consuming anything & everything irrespective of price.

Since you are an Accountant, please tell me why this rule didn't work with Diamond rich Zimbabwe or Oil rich Venezuelan both printing notes as per their requirements.

Will u accept zimbabwiyan currency as payments of goods sold to them ?

Will u accept US dollar for goods sold to US ?

Why ?

What is a dollar or a currency note ? It is nothing but a chque issued by central bank of a particular country ... now do u know how much assets that country's central bank that country have and how much notes they have issued ? I am sure you dont know ...

However still if you need to buy anything from anynother country you dont have any option but to provide your goods against US central bank cheque i.e. US dolllar irrespevtive of knowing that whether US has the capacity to make good that cheque or not ... in short US has converted US dollar into commidity ... they are litterally selling dollars whereas no other country can do that ...

 

[kmc_chacko]

Will u accept zimbabwiyan currency as payments of goods sold to them ?

Will u accept US dollar for goods sold to US ?

Why ?

What is a dollar or a currency note ? It is nothing but a chque issued by central bank of a particular country ... now do u know how much assets that country's central bank that country have and how much notes they have issued ? I am sure you dont know ...

However still if you need to buy anything from anynother country you dont have any option but to provide your goods against US central bank cheque i.e. US dolllar irrespevtive of knowing that whether US has the capacity to make good that cheque or not ... in short US has converted US dollar into commidity ... they are litterally selling dollars whereas no other country can do that ...

Isn't India & Iran or Pakistan & China doing trade without $.