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Tuesday, June 28, 2011

A new point of trade in Wahga

Pakistan and India agreed to open another point at the border Wahga trade to promote bilateral trade between them. Understanding, written or otherwise between the current government, India has been reached to the concept gradually to boost the volume of trade without a lot of publicity to avoid a strong reaction by the people in Pakistan.
The decision comes after Secretary-level talks between the two countries ended last Friday. On the surface, there seems to be no harm in promoting trade relations so far to say that there is a series of reservations in certain business circles in Pakistan, according to their analysis, it will give another jolt for the manufacture of Pakistan, which already faces a crisis of every kind.
 There are reservations that India will flood the Pakistani market with goods that are already being produced in Pakistan. Although the quality of Pakistani products is much better than the Indians, but New Delhi as part of its efforts to weaken our economic base, can be given more incentives for exporters to Pakistan to make our products incompetitive. To prevent this, there must be the necessary regulatory duties imposed on Indian imports so that there is healthy competition and not in any way allowed the dumping of products in India. And at the same time must be clear to the Indians that they will not impose any restrictions and allow free access to Pakistani products in their markets, to ensure a balance in trade between the two countries. Has welcomed Pakistan and India Business Council and an agreement in principle no one should object to the increase of trade with India or any other country on the basis of mutual interests, so far, we urge the Government to take leadership of the private sector on board so there was no negative impact on our industry. Should be at the same time not political irritants, which made the whole region hostage, put on the back burner and instead to move forward in trade and other relations that are used to solve the problems between the two countries, including the core issue of Kashmir. 

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