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ISLAMABAD: Minister Khurram Dastgir Khan said on Tuesday that Pakistan’s exports to India will reach $1 billion mark within a year.
“There is a lot of potential for Pakistani textile products in India,” the minister said while meeting a delegation of Pak-India Business Council (PIBC) led by Yawar Ali Shah, a press release said.
Mr Dastgir opined that the Pakistan is the cost-effective market for India to import raw material for its agriculture and textile.
“Trade concessions to India cannot be offered unilaterally. India also needs to extend access to Pakistani products,” the minister added.
The delegates informed the minister that Indian food manufactures were looking for Pakistani agriculture products including mangoes, kinno and green peas.
The delegation was informed that the commerce ministry had restructured National Tariff Commission (NTC) in line with the legal framework guided by the Supreme Court of Pakistan.
KP TO GET EXPO CENTRE: A delegation of Pakistan Commercial Exporters Association called on Mr Dastgir to discuss gems and jewellery exports.
Assuring full support to the group, the minister said the government will solicit resources until the export fraternity comes forward and mobilises its resources.
Published in Dawn, May 11th, 2016
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May 11, 2016 06:54am
Will the govt prove Christina Lamb's assertion true and export KDK's mother as well to archive the 1b mark.
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May 11, 2016 06:56am
There you go. serious money to be made in India for everyone around the world
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May 11, 2016 06:58am
Only 1 bn?
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May 11, 2016 06:59am
Now you get the right node..feel the music.
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May 11, 2016 07:15am
that's a good sign
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May 11, 2016 07:46am
You can easily export upto 3 BN ,for example just see to recent past exibitions of Pak products in Delhi,all the textiles stuff was mostly sold out on first day.You need to use mind,you can get upto :3bn even more.just arrange a huge exibitions near Wagah Border of textiles and clothings,allow all those Indians free visa on border who show $ 1000 or more,the visa should be exibitions specific ,let them buy and return. Similiarly exibitions specific visa could be arranged in India.Both sides will benefit from such exibitions.
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May 11, 2016 07:50am
Let it grow
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May 11, 2016 08:12am
Another fancy (but false) promise by PMLN, like many others.
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May 11, 2016 08:15am
Only 1 B? Not nearly enough. Unleash the untapped potential and see what happens. Both countries will benefit immensely. Time to do it is now.
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May 11, 2016 08:18am
investment in trade and tourism is beneficiary to all rather then terrorism
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May 11, 2016 08:28am
@Umar Aftab $1bn bro, this is enough for you to buy F-16s
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May 11, 2016 08:39am
Like Cricket, India will threaten to ban imports from Pakistan tomorrow, so thread carefully. do not create a dependency which may hurt in the future.
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May 11, 2016 08:42am
Pakistan and India should work together for mutual prosperity and growth.
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May 11, 2016 08:58am
India gave MFN(most favoured nation) status to Pakistan long time back and Pakistan is yet to reciprocate the same.
If it's done there is a lot potential for trade between the two countries.
Due to differences between civilian and army governments she was unable to do it.
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May 11, 2016 09:09am
Trade brings prosperity and peace. Help it grow.
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May 11, 2016 09:29am
You do not need to take any steps unilaterally. Just reciprocate the Most Favoured Nation status to India.
It's amazing tho know how many billions both countries are losing by not cooperating. Imagine Pakistan becoming near shore centers for Indian automobile manufactures and export thousands of cars, buses, trucks to central Asia, Iran etc.
Pakistan could have access to a population of Billion plus for their textiles.
India has multi billion dollar companies but no land to build new factories. Pakistan has the later.
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May 11, 2016 09:31am
If trade with India is up to the potential then Pakistan then cash in way more than cpec. And it is the future thing to happen.
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May 11, 2016 09:33am
india can benefit and also take advantage of Pakistan's many high quality exports. indians should have no fear of Pakistani produces which we are sure the indian consumer would love and enjoy. All can enjoy including our neighbours in Pakistan's vast array of products.
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May 11, 2016 09:36am
How much do Pakistan import from India?
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May 11, 2016 09:52am
India is a market where everyone can earn!!
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May 11, 2016 10:00am
That is the way forward. Double it in every six months. Try to reach 10 B from India to Pakistan and from Pakistan to India each. Leave political noise to TV anchors.
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May 11, 2016 10:05am
Trade concessions to India cannot be offered unilaterally. India also needs to extend access to Pakistani products
What about MFN status? India already given MFN status in 1997. Its Pakistan which needs to come out of Kashmir dilemma and get serious about economy and trade
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May 11, 2016 10:05am
Thats great. We must work on this to take this further.
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May 11, 2016 10:10am
The potential is much higher. Only if few egos can stay back for a while.
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May 11, 2016 10:28am
Good going. Both nation should concentrate on businesse that is the right path
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May 11, 2016 10:30am
Instead of bickering like school boys can we have more trade between our two nations??
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May 11, 2016 11:24am
Both Pakistan and India has a lot of potential to do trade. In case these two countries use this potential a lot lf defence cost would be saved. Pakistan would have become a progressive state. Just imagine the loss both countries made during the last 70 years. The religious leaders in both countries screwd up the opportunities.
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May 11, 2016 11:28am
Indian market is so wide, there are abundant opportunity, which China is using to en cash ,maximum benefits. Keep all political issues such as Kashmir in side and work for the betterment of general public, by improving mutual relations.
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May 11, 2016 12:22pm
Good for both countries.
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May 11, 2016 12:55pm
@Recent Yes. Very apt suggestion.
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May 11, 2016 12:59pm
Why dont we have Pakistani food stalls in India? I keep reading they are very good and Pakistan is real proud of its food/chefs?
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May 11, 2016 01:15pm
@Abhishek Trade is good. But we can not leave our families behind in Kashmir for the sake of trade. Family is more important.
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May 11, 2016 01:25pm
There is tremendous potential for both countries. Thus peace and close friendship is required. By the way, India has declared Pakistan a most favored nation for business which Pakistan has not done. Across the border many goods can travel economy can get boost
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May 11, 2016 01:25pm
Also, mention that India has unilaterally given, Most Favoured Nation Status to Pakistan for improving Trade and Commerence, but Pakistan has not reciprocated.
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May 11, 2016 01:28pm
business is good so their will be no war inshallah between two countries
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May 11, 2016 01:57pm
@Omar Indian ladies love Pakistani garments. You guys are the king in making salwar kameez. And we demand mangoes. If possible, we would have imported your kebabs too!
We have langra mangoes in Eastern India, but Pakistani soil and climate make your mangoes even better.
Trade is the only way for peace and sanity.
As they say, no Muslim businessman wants bad for his Hindu customers...and vice versa.
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May 11, 2016 01:57pm
In my childhood , I remember using multani mitti (a type of clay for bathing) an senda namak (rock salt) but yes for present times 1Bn is too less
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May 11, 2016 02:21pm
Way to go guys!
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May 11, 2016 03:09pm
Minister saheb is talking in future tens, so its very much likely he forget it by that time
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May 11, 2016 03:17pm
@Recent ,that is the way to go.But Boys are getting their budget of Rs 100 bn, so for them it doesnt matter, that proves starving workers of both sides do nt matter.I tell my PAK friends, if you are cost effective you can even sell Sand and Stones to India but then you have to show you have the will to do it. We are ready to buy.
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May 11, 2016 03:18pm
@Omar if the products are so high quality then why export figures are falling?
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May 11, 2016 04:14pm
He said It will reach that mark. Which will never happen!
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May 11, 2016 04:19pm
@aarkay then buy sands and stones while we prefer buying some meaningful stuff from better markets.
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May 11, 2016 04:21pm
@aarkay perhaps only you purchase sands and stones, though its free in India here. India has better options like Germans, US, French that provides quality stuff.
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May 11, 2016 06:04pm
Politics apart, Pakistan is the most loved nation in India. Just follow secular path and woo India's mind. Then see that Pakistan becomes an economic powerhouse very soon. Good luck.
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May 11, 2016 06:20pm
@Kushal Das Oh please! tell me who wears it ? Those who do jobs or the ones in rural that accounts for 80 % of women population. And yes I'm talking on facts.
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May 11, 2016 06:28pm
The potential is huge if the age old issues are put in back for sometime. The only requirements is to have security cover. Nobody should be able to hurt the other and walk away without responsibility and action.
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May 11, 2016 06:37pm
My understanding is that govt on both sides are willing to work there are groups who work to jeopardize the moment 2 nations even try to talk positive. These groups need to be neutralized. Can Pak do this ? this is a million dollar question.
The potential is big for Pak to take advantage of Indian markets and improve the lives of millions, but they need to come out of the current impasse and issue of Kashmir.
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May 11, 2016 06:42pm
@Khwarezmi The solution for families to meet in both sides of border in Kashmir can be found. You are living in hypothetical situation. The kashmirs families are in Kashmir area only and a solution can be found without changing the borders.
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May 11, 2016 08:36pm
China also has differences with India but look at them taking advantage of the huge consumer base.
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May 11, 2016 09:36pm
happy to read this
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May 11, 2016 09:37pm
Happy to read this and wishing to tun it many fold in future
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May 11, 2016 09:55pm
@Truth agreed with your advise
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May 11, 2016 11:00pm
1 billion is nothing in the world of trade and comerce.
If Pakistan and India can normalise relations, they have the potential to do hundreds of billions of trade between each other.
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May 11, 2016 11:33pm
@Aditya feel Kashmir getting resolved according to kashmiri wishes.
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May 11, 2016 11:34pm
We have China and Middle East. With india it is only Indian occidental kashmir.
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May 12, 2016 03:14am
@Kushal Das You have so much goodwill for Pakistan ,this is rarely seen. We can only say thank you for and yes we need lots of business as we have a big market of 200 million quality conscious people and India even six time bigger than us. I am not sure about the volume but opportunities are limitless to the tune of $ 20-25 billion in two way and the transportation cost so little. Only one sector although very small is technical books from Indian publishers. and India put a positive influence on our educated people. I find good quality books and reasonably priced and affordable as well.
We can learn so much from India in IT, almost like home next door, pharma and several other sectors where India excels and known all over the world. But consumer market, its potential could go through the roof.The possibilities are endless only the mindset has to be changed. Best regards
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May 12, 2016 03:41am
Article is not complete How much is Indian Export to Paksitan
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