Trade liberalisation between India and Pakistan is a positive move and Pakistani exporters will get a big market but they need to improve efficiency and product quality for the 1.2 billion market of India, said Tariq Rafi, Chief Executive of Siddiqsons Limited.
Speaking at the 6th Expo Pakistan at the Karachi Expo Centre on Friday, he said both India and Pakistan were big markets and especially Pakistan would get a huge market but all depended on “how exporters make the most of this opportunity”.
“Businessmen want cheap raw material and if India offers this who will not go there,” he said.
Rafi, who exports denim and finished denim products, claimed that his company had already got orders worth millions of rupees on the first two days of the four-day exhibition.
Most of the foreign buyers were seen visiting apparel and leather stalls on the second day of the Expo. Other stalls that received high attention of foreigners were of food and beverages.
Published in The Express Tribune, October 22nd, 2011.
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Lets see! India Pakistan Trade is almost uncharted territory. Lets not put the carriage before the horse. Let's be optimistic: Expect less and work-hard more. When two nations are honest , truthful and forgiving all good things will come-out of the friendship.
India & Pakistan have grown 'apart' during last 65 years. Due to this, both countries have different capabilities and can complement each other. . For the time being, India will dominate Pakistani market with cheaper stuff but Pakistanis will learn and catch up in 3-5 years. It is then when Indian exporters will face fierce challanges (including copyright violations in Pakistan & cheaper Chinese versions of everything)
is this news correct as it starts with the chief saying pakistani products should be of better quality to compete in India. India is thought of as low quality conscious market irrespective of validation of its product by world authorities where as pakistanis completely ignore this.
moreover what pakistan has to offer barring mangoes and cement( total capacity of pakistan in cement, India got plants having their individual capacity equaling the pakistani total)