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Pak ready to resume trade with India
May 13, 2003 14:24 IST
In a significant turnaround, Pakistan has said it is ready to resume trade relations with India on bilateral level as well as under the SAARC umbrella as soon as dialogue between the two countries begins, Pakistan's Commerce and Trade Minister Humayun Akhtar told BBC Radio in an interview on Monday.
The programme in this connection has, however, not yet been finalised.
Until a few weeks ago Islamabad had linked resumption of trade to progress of talks on the Kashmir issue.
Akhtar is known for his hard-line stance and ever since he took charge of the commerce ministry last year he had ruled out Most Favoured Nation status to India and any other trade concessions under SAARC (South Asian Association for Regional Co-operation) until India discussed Kashmir with Pakistan.
According to media reports he had even ruled out a recommendation by the Pakistan foreign ministry to grant tariff concessions on 78 items of trade to India under SAPTA (South Asia Preferential Trade Arrangement)as recommended by the SAARC officials meet earlier in the year.
Apparently, Prime Minister Atal Bihari Vajpayee initiative to restart dialogue with Pakistan brought about a change in Akhtar's stance.
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Number of User Comments: 8
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Sub: and their priority is very clear.
export of terrorism ! free passage through all borders, land, sea and air. Must be OGL, duty free, no countervailing duties or subjection to anti-dumping ...
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Posted by p chandra
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Sub: india-pakistan relations
Both india and pakistan should learn to live in peace, by war both countries will gain nothing. pakistan should stop sponsering terrarism in kashmir, the ...
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Posted by TRKREDDY
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Sub: Will trade stop a proxy war?
Strong trade relations discourage a regular war, but certainly not a proxy war. If things go well we could have $3bn worth trade between the ...
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Posted by Kiran
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Sub: Pakistan's interest in trade with India
It may lead to create tesion between two countries and look towards prosperity of enhacing economy of the nation.
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Posted by R Subramanian
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Sub: Haaa.
Suck their money to the last penny if they have any.
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Posted by sgarg
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