Trade between Pakistan and India
Should Pakistan open free trade with India
Historical perspective
Political Relation
Military Relations
Trade Relations
Current Relations
In November 2011, the government of Pakistan announced its decision to grant Most Favored Nation (MFN) status to India. This means that India, in principle, will enjoy lower tariffs and fewer trade barriers in its economic relationship with Pakistan Now establishment role have demolished & have much less than past & Pakistan move forward for better relationship with India.
Articles that Pakistan should import
Petroleum Products cars Organic Chemicals Tea Pharmaceutical products Raw Material IT Surgical industry Sports Cement Steel Transformation of Technology Shift of industrial & agricultural procedure
Articles that Pakistan should export
Impact of trade relation Cotton Industry (positive)
Sports Industry (positive) Cement Industry (positive) Education Industry (negative) IT Industry (positive) Technology (help both countries) Industrial & Agricultural Sector (positive) Inflation (positive) entertainment Industry (negative) Defense Sector (positive) Economic Benefit (positive) Energy Needs (positive) People Standard of Life (positive) Infrastructure Develop (positive) Discourage Monopolistic/Merger Support of Technical Expertise Banking Sectors Yield of Industrial & Agricultural Sector will increase Tourism Sector Develop Stock Exchange Kashmir & Other Issues can be Resolved in Friendly Environment
Trade Barriers
BOT BOP Indian trade policies Foreign intervention (America the key factor) Underdeveloped banking sector Negative List Tight In vigilance of articles
Cost analysis of trade
America may be discontinue to aid Pakistan Saudi Arabia may be discontinue to give credit oil China may create distance from you Pakistans entertainment industry may suffer Balance of trade an important issue Indian trade policies are very restrictive
Political & establishment role a big issue
IMF can refuse to furnish loans
CONCLUSION Pakistan should open free trade with India because it ill boost the Pakistani economy and pakistan can also nogotiate on core issues between pakistan and india such as water issue and territory issue.
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