Talking to media on his return from New Delhi here at the Lahore Airport, he said that trade ties between Pakistan and India can be improved through shared vision of thoughts and objectives, transfer of technology and exchange of research and development.
He said that despite plenty of natural resources and mineral deposits, the state of intra-regional trade in South Asia is highly miserable. He said that two major players of South Asia possess great economic potential and enhanced trade relations could bring them closer provided all core issues confronting them were settled amicably through peaceful and result-oriented parleys.
He said that both countries have similar socio-economic needs and huge opportunities exist, which badly needed to be exploited through mutual co-operation for the overall welfare of the people and stability in the region.
He said that bilateral investment is the most effective tool to create mutual stake of India and Pakistan.
Quoting Dr Mahbub-ul-Haq Human Development Centre, he said that South Asia needs to negotiate collectively at multilateral trading forums, using the regional forum of South Asian Association for Regional Cooperation to advance its economic and social growth and enhance human development.
Published in The Express Tribune, August 10th, 2010.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ