India may open more land routes for trade with PakistanIndo-Pak Economic Conference in Lahore makes headway
Asha Rai | Times of India
LAHORE, May 8: India is willing to look at more land border transit points with Pakistan and opening new border crossings at places like Munnabao in Rajasthan is a possibility , Sharat Sabharwal, India’s high commissioner to Pakistan said on Monday. He was addressing the inaugural session of the 2nd Aman Ki Asha Indo-Pak Economic Conference . At present, Attari-Wagah …
Pakistan business hits at Barriers to Indian tradeAFP
LAHORE: Cosmetics are smuggled by donkey through Afghanistan, chemicals and medicines track through Dubai. But only a fraction of legal trade travels directly from India to Pakistan. A baffling array of legal and practical barriers to exports between the neighbours has spurned unofficial trade worth up to $10 billion, dwarfing official exchanges of $2.7 billion. But a recent rapprochement that …
Pak Businessmen Welcome Trade Concessions for IndiaBy Majyd Aziz
The recent trip made by a large 80 plus delegation of Pakistani businessmen and government officials led by Commerce Minister Makhdoom Amin Faheem to India, the Foreign Minister Hina Rabbani Khar’s visit to New Delhi to hold wide-ranging talks with her Indian counterpart, the upcoming second round of negotiations between the two Commerce Secretaries, and the unequivocal announcement by the …
What Does it Mean to Grant ‘Most Favored Nation’ Status to India?By Munir Akram
Dawn.com
Nov 1, 2011: The Pakistani cabinet decided to ‘grant’ Most Favoured Nation (MFN) status to India. MFN is the most misunderstood concept in trade legislation. All it means is that a World Trade Organisation (WTO) member will treat every other member equally in terms of tariff and other trade conditions. In fact, the Charter of the GATT (General Agreement on …
Revealing a Gap Between the Leaders and the PeopleThe Washington Post, June 2, 2002 - By Nafisa Hoodbhoy
WESTFIELD, Mass. – A group of women from India and Pakistan who came here for a peace conference in April returned home to find their countries on the brink of a nuclear catastrophe. One of the delegates wrote back to me about the “horrific atmosphere of war,” which can be averted, she said, only through “sheer good luck.” Luck, of …