Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Op-Ed Editorial

Prospects of Pak-Indian trade

byDr. Aftab Afzal
02/04/2018
in Editorial, Latest News, Op-Ed
Share on FacebookShare on Twitter

Since the Bharatiya Janata Party took over the rein of the government in New Delhi, the relations between Pakistan and India began to worsen with every passing day. The trade could not be picked up during the last four and half years and breach of the peace agreement shattered all hopes to maintain peace and tranquility on the Line of Control. Hundreds of people have been killed or wounded in the cross border firing and fiery statements from the Indian leaders are adding insult to injury, dashing down any hope to establish close business and trade relations between the two countries. The Indian leadership has bulldozed every Pakistani effort to revive the forums like the SAARC and the Indian media is fueling anti-Pakistan sentiments among its population. In this volatile situation, one can see the statement of the Indian High Commissioner strange as well as a blow of fresh air at the same time that the two countries should improve bilateral trade. He stressed the need for removing the non-tariff barriers which were the main hurdles in the improvement of trade relations between Pakistan and India. He emphasized that both countries should take required steps to avail business opportunities which could expand commerce by six times.

At present, the volume of indirect trade between Pakistan and India is over $5 billion which can be brought to as high as $30 billion if non-tariff barriers are removed, visa process is liberalised and mutual relations are normalized. There is dire need to remove the involvement of third country in the bilateral trade and it could only be possible if the Indian government sincerely wants to resolve chronic issues. As a matter of fact, trust deficit is the main hurdle in the improvement of relations. None of the sides is ready to trust the other and peace is the first casualty at the end. Pakistan has offered a hand of friendship on various occasions which has been blatantly rejected by the extremists’ government of India. There is no hope for improving business and trade relations until trust is restored. The Indian leadership will have to shun its anti-Pakistan rhetoric on the basis of which it came to power. The future of sub-continent lies in peace and not on war and violence and this should be understood to the officials sitting in New Delhi. India is building dams on the rivers meant for Pakistan, removing any hope of rapprochement between the two nations. The Pakistan’s offer of a hand of friendship should not be seen as weakness, but strength.

You might also like

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

Related Stories

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

Next Post

Inflation slows down to 3.2pc in March

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.