Pakistan'S Gradual Opening Up To India Trade

Mid November of this year

At the meeting held in New Delhi, capital of India, the commerce ministers of India and Pakistan agreed to open most of them by the end of 2012.

Earlier, Pakistan commerce minister Zafar Mehmood said she decided to give India in Pakistan.

As part of the normalization of trade, Pakistan has previously opened a Pakistani shoemaker Bata to import aluminum alloy shoe last material from India, and Shafi

More and more 12 items of goods such as machinery and materials used in leather and textile industry are imported from India, including leather and leather shoes accessories, cotton lint, leather industry bactericide and other chemical products, spinning machines, diagonal drum winders, spinning machines, power shuttle looms, sewing / sewing / embroidery needles, and thermoplastic rubber shoe substrates.

Mohsin Aziz, chairman of the All Pakistan Textile Mills Association (APTMA), said that the Pakistan government granted India MFN treatment a big step in the right direction. But he also urged that India should remove the non-tariff barriers to Pakistan's export products, so as to enable the most favored nation treatment to carry forward in India.

Pakistan and India are all rich in cotton, which accounts for 30% cotton production in the world. The total population of the two countries is over 1 billion, but the official bilateral trade volume from 2009 to 2010 is only 1 billion 400 million dollars.

According to the Ministry of Commerce of Pakistan, after bilateral trade liberalization, it should be increased to $6 billion within 3 years.