Sliver
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- Jul 16, 2010
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trade with India will atleast force chinese to compete with India and we get cheaper option from both to choose from- not a bad option?Trade with China drove up imports, destroyed businesses, and increased smuggling. Trade with India will do much worse. Pakistani businessmen are stupid. They can't compete on the international level. Indian products will crush them and eliminate whatever local production exists.
Only trade with US and Europe has benefitted Pakistan as it exports more to them than it imports from them.
either ways we are going to import, why not import from a cheaper source?
if energy/electricity is cheaper to import from India, perhaps that can make our industry a bit more competitive and hence take on more profits (textiles)