Spring Onion
PDF VETERAN
- Joined
- Feb 1, 2006
- Messages
- 41,403
- Reaction score
- 19
- Country
- Location
Cement Cement cement cement cement
Pakistan's exports to India increase by 66%
- Thread starter A.Rafay
- Start date
Cement Cement cement cement cement
DMLA
FULL MEMBER
- Joined
- Feb 13, 2010
- Messages
- 641
- Reaction score
- 0
Not true! Total cement imports from Pakistan this fiscal are lower than the last one! Moreover, the "numbers" quoted by the article are probably sourced from SBP. This includes significant amount of under invoicing in Pakistan. Thus, while the imports from Pakistan may have indeed grown (in other products), the figures from India must have also grown by a substantially higher quantum than indicated in the said article. MoCI or RBI will be the best source for Indian numbers!
INDIC
BANNED
- Joined
- Jun 7, 2012
- Messages
- 18,512
- Reaction score
- -12
- Country
- Location
darkinsky
BANNED
- Joined
- Oct 4, 2010
- Messages
- 10,754
- Reaction score
- -2
- Country
- Location
good idea, Pakistan should import Indian goods only from Dubai at higher price.
yeah what ever
all trade should be immediately ceased from across the border
WAR-rior
SENIOR MEMBER
- Joined
- Nov 26, 2010
- Messages
- 4,860
- Reaction score
- -15
- Country
- Location
Ha Ha. Go and fight elections. get elected and then apply ur *********. I am sure once u are in govt even u wont dare to ignore Indian trade. Freakin Armchair warrior.
Srinivas
ELITE MEMBER
- Joined
- Sep 20, 2009
- Messages
- 12,455
- Reaction score
- -26
- Country
- Location
Just a month ago you are condemning trade with India saying it will be bad for Pakistani traders
Pakistans exports to India jumped by 66pc
ISLAMABAD: Pakistans exports to India grew 66 percent to $460 million during April-December, 2012 over the same period in the preceding year, according to the latest figures of the directorate general of commercial intelligence and statistics, ministry of commerce and industry, government of India.
However, Indias exports to Pakistan during the same period rose only 16 percent, said a statement issued on Tuesday by High Commission of India, Islamabad.
During April-December, 2011, Pakistans exports to India stood at $277 million. The share of Pakistans exports in bilateral trade with India has almost doubled since 2009-10, said the statement.
The impressive increase in Pakistans exports reflects the benefits of the steps taken to enhance bilateral trade, and improvement of trade environment, aided by SAFTA tariff reductions, it said.
Prior to skirmishes on the Line of Control earlier this month, Pakistan and India had been edging towards a greater economic cooperation. In 2010, the two countries had signed three agreements in the areas of customs cooperation, mutual recognition of standards, and redressal of trade grievances. The most significant moves of the year, however, were New Delhis decision to allow Pakistani investment on Indian shores, followed by Islamabads to replace its positive list of imports with a negative list.
Over the course of 2012, several trade organizations from both countries held successful exhibitions in each others countries and discussed a number of initiatives, including joint ventures.
AFP adds: Trade between Pakistan and India resumed over the de facto border in Kashmir on Tuesday after a 20-day halt sparked by deadly army clashes, with traders grumbling about their losses. Six Pakistani trucks crossed into Indian-administered Kashmir, an official said, ending the halt in trade sparked by the killing of five soldiers earlier this month. The convoy, carrying onions, dates and dried fruits, crossed the Line of Control (LoC) that divides the two parts of the disputed Himalayan territory, shortly before midday.
A similar number also crossed over from Poonch on the Indian side of the LoC to Rawalakot on the Pakistan side with dozens more trucks waiting to make the same journey.
Traders on the Pakistani side complained that the closure of the key crossing point had cost them Rs30 million ($300,000) following the flare-up.
Cross-border trade has been encouraged in recent years as a means of improving relations between the nuclear-armed rivals, who have fought two of their three wars over Kashmir.
Kashan Masood, the head of the traders association in Pakistan-administered Kashmir, said the recent disruption had hit business hard.We had placed orders for tomatoes and other vegetables from India. They were rotten and we suffered the loss of 30 million rupees, he said.
We are always at risk that our business will suffer whenever tension starts on LoC. We are doing this business at our own risk as we dont have any guarantee from the authorities.
Kishan Singh, an Indian member of a joint chamber of commerce formed by traders on both sides of the LoC, welcomed the resumption but said it was not enough to dispel the uncertainty.
Pakistans exports to India jumped by 66pc - The News
ISLAMABAD: Pakistans exports to India grew 66 percent to $460 million during April-December, 2012 over the same period in the preceding year, according to the latest figures of the directorate general of commercial intelligence and statistics, ministry of commerce and industry, government of India.
However, Indias exports to Pakistan during the same period rose only 16 percent, said a statement issued on Tuesday by High Commission of India, Islamabad.
During April-December, 2011, Pakistans exports to India stood at $277 million. The share of Pakistans exports in bilateral trade with India has almost doubled since 2009-10, said the statement.
The impressive increase in Pakistans exports reflects the benefits of the steps taken to enhance bilateral trade, and improvement of trade environment, aided by SAFTA tariff reductions, it said.
Prior to skirmishes on the Line of Control earlier this month, Pakistan and India had been edging towards a greater economic cooperation. In 2010, the two countries had signed three agreements in the areas of customs cooperation, mutual recognition of standards, and redressal of trade grievances. The most significant moves of the year, however, were New Delhis decision to allow Pakistani investment on Indian shores, followed by Islamabads to replace its positive list of imports with a negative list.
Over the course of 2012, several trade organizations from both countries held successful exhibitions in each others countries and discussed a number of initiatives, including joint ventures.
AFP adds: Trade between Pakistan and India resumed over the de facto border in Kashmir on Tuesday after a 20-day halt sparked by deadly army clashes, with traders grumbling about their losses. Six Pakistani trucks crossed into Indian-administered Kashmir, an official said, ending the halt in trade sparked by the killing of five soldiers earlier this month. The convoy, carrying onions, dates and dried fruits, crossed the Line of Control (LoC) that divides the two parts of the disputed Himalayan territory, shortly before midday.
A similar number also crossed over from Poonch on the Indian side of the LoC to Rawalakot on the Pakistan side with dozens more trucks waiting to make the same journey.
Traders on the Pakistani side complained that the closure of the key crossing point had cost them Rs30 million ($300,000) following the flare-up.
Cross-border trade has been encouraged in recent years as a means of improving relations between the nuclear-armed rivals, who have fought two of their three wars over Kashmir.
Kashan Masood, the head of the traders association in Pakistan-administered Kashmir, said the recent disruption had hit business hard.We had placed orders for tomatoes and other vegetables from India. They were rotten and we suffered the loss of 30 million rupees, he said.
We are always at risk that our business will suffer whenever tension starts on LoC. We are doing this business at our own risk as we dont have any guarantee from the authorities.
Kishan Singh, an Indian member of a joint chamber of commerce formed by traders on both sides of the LoC, welcomed the resumption but said it was not enough to dispel the uncertainty.
Pakistans exports to India jumped by 66pc - The News
My-Analogous
SENIOR MEMBER
- Joined
- Feb 9, 2009
- Messages
- 7,013
- Reaction score
- 2
- Country
- Location
Don't worry they make sure that Pakistan will not get much benefit.
Pakistan faces over $6b deficit in trade with India
Pakistan faces over $6b deficit in trade with India | The Nation
Pakistan faces over $6b deficit in trade with India
Pakistan faces over $6b deficit in trade with India | The Nation
This is all RAW/CIA/Mossad conspiracy to let all production material get exported to India by giving higher price than local pakistani mkt.....And inturn create shortage of stuff in Pakistan thus driving the inflation thru the roof...As shortage will lead to price rise
Damn what a Fake conspiracy theory..or is it???????
Damn what a Fake conspiracy theory..or is it???????
cloud_9
SENIOR MEMBER
- Joined
- Jul 16, 2010
- Messages
- 4,921
- Reaction score
- -2
- Country
- Location
India's Imports from Pakistan (in US$ Millions)
India's Exports to Pakistan (in US$ Millions)
Total Trade
Pakistanisage
PROFESSIONAL
- Joined
- Jul 29, 2011
- Messages
- 9,450
- Reaction score
- 18
- Country
- Location
This is bullshit news. We need to increase by 1000% to come at par. Pakistan should only have barter trade with India. Period.
TheSeeker
BANNED
- Joined
- Jul 21, 2012
- Messages
- 193
- Reaction score
- -2
- Country
- Location
who the hell is you to decide for afgans.even they hate you
Similar threads
