Sahney said that there were hurdles to economic integration which includes high tariff rates. PHOTO: FILE
President South Asian Association for Regional Cooperation (SAARC) Chamber of Commerce and Industry (CCI), Vikramgit Singh Sahney on Tuesday said that constrained bilateral relations were the reason behind low trade between Pakistan and India.
He said this while discussing current state of affairs with Vice President SAARC Chamber of Commerce and Industry Pakistan chapter, Iftikhar Ali Malik.
Sahney said that there were hurdles to economic integration which includes high tariff rates and non-tariff barriers, and inadequate infrastructure for trade. Sahney said that currently trade is $2 billion per year which can be increase by 10 times.
Published in The Express Tribune, October 16th, 2013.
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COMMENTS (9)
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Is the decrease in volume of trade due to tariffs only?
In my point of view the low trade between Pakistan and India is causing the constrained bilateral relations .
Comments like this just show how backward and moronic the psyche of certain Indian nationals actually is. Shame on you. On another note, ET the article doesn't say anything about the enhancement of industrial competitiveness between Pak and Ind. Grossly misleading headline. Don't stir the pot unnecessarily.
What rationale ET desk find to give the title of the news India to enhance Industrial competitiveness (in bilateral trade with Pakistan.) it amused me.
@IndMus: " to all pakistanis who still live in India please get out from India." Whoever lives in India permanently is Indian and not Pakistanis. Mr. Indmus If you mean to say that all Muslims in India are Pakistani then you and your perception is wrong. By the way Where do you suggest them to go- Pakistan ? but Pakistanis are dying to migrate from Pakistan even if risks their life. Pakistan se Zinda bhag is quite popular phrase. Mr. IndMus the Muslim Population in India is equal , if not more than that of Pakistan and can not afford to absorb any more additional population. So keep the brain over emotions and avoid behaving like a fool.
to all pakistanis who still live in India please get out from India.
Never ties with pakistan.india should remove pakistan's name from country list.
No ties with pakistan. pakistan is not eligible for it.
India to Enhance Industry competitiveness with pakistan...Good joke..... pakistan to Enhance Industry competitiveness.............biggest joke...Rofl..lmao..am rolling all over floor....develop the industry u are best at....strategic industry..lol..z.....ET...Fun..dont ban yaar........