Pakistani traders want more trade with India

Discussion in 'Economy & Infrastructure' started by LETHALFORCE, Feb 6, 2011.

  1. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    http://www.sify.com/news/pakistani-...ith-india-news-international-lcftEffcjad.html

    Islamabad, Feb 5 (IANS) Pakistani traders Saturday urged the governments of India and Pakistan to shun differences and boost economic activities.

    Pakistani traders participated Saturday in celebrating Kashmir solidarity day and expressed concern that differences between the two neighbours are pulling them backwards, Aaj TV reported.

    'It is the only instance in the world where trade is allowed but only for two days in a week,' Zulfiqar Abbasi of Kashmir Chamber of Commerce in Muzaffarabad was quoted as saying.

    The differences have resulted in poverty and unemployment in the valley on both sides 'and we certainly need to go beyond that', he said.

    Mirza Ikhtiyar Baig, the adviser to Prime Minister Yousuf Raza Gilani and a leading industrialist, said: 'There is certainly a need to expand the list of items in which trade is allowed through the LoC.'

    'We know that there is unexploited potential and are looking into possibilities in this regard', he added.

    Trade in 21 agreed items, including Kashmiri embroidery, dry and fresh fruits and wooden furniture, opened along the LoC Oct 21, 2008 as part of confidence-building measures between India and Pakistan.

    The current volume of trade across the LoC stands at around Rs.2 billion annually
     
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  3. Tshering22

    Tshering22 Sikkimese Saber Senior Member

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    I would say cancel off trade and all bilateral relations and let them starve for a few months. To do such a thing, we start importing stuff from Southeast Asia which is both cheap and a new measure to build even better ties with a more potential ally and friend. Let's see how these "Pure and Superior Pakistanis" survive without the "dirty, black, skinny Hindoos" then and for how long.

    I really hope that such an alternate to take care of our supplies is done via SE Asian countries while the trade is blocked with these no-gooders.
     
  4. JayATL

    JayATL Senior Member Senior Member

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    There is this famous video, where Pakistani journalist were interviewing Hillary Clinton on TV. Where they kept bringing the Kashmir issue up- asking why US does not help and just complaining about Kashmir in general - and she said among others things " Everywhere I go, Pakistani industrialist and traders are whispering in my ears- we need access to India's vast market"
     
  5. JayATL

    JayATL Senior Member Senior Member

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    Trade is already low, but what is the benefit of your stance Do you know we can export more than import? why not take their money? also certain items are going to be much cheaper to import from them.
     
    Last edited: Feb 6, 2011
  6. SHASH2K2

    SHASH2K2 New Member

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    We need to have more bargaining chips against Pakistan and a strong trade relationship is one of them. Till now only one bargaining chip we have is water from our side while Pakistan has a lot of chips including controlling our access to Afghanistan.We should think like a business men. After all we will sell it to someone and Pakistan will buy from someone . A strong trade will play crucial role in any future conflicts or negotiations. Being a larger and stronger economy we can withstand shock of screwing their happiness while they will run for cover but will not be able to find any.
     
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  7. JayATL

    JayATL Senior Member Senior Member

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    An absolutely brilliant post. Here is the thing- even the water treaty thing is not really the greatest of bargaining chips( it has its limitations) because if we stop it -they will go to war with us. It plays into survivability of their people. We did not stop it, I believe, even when we were at war w/ Pakistan one of the times. Plus its very inhumane and India would not look good on the world stage.

    But on the other hand, if they are doing well selling products that we need and is cheaper and it helps their economy ( top that we export more to to them then we import) - then taking away that revenue source would be truly a much much more powerful bargaining chip.

    Also - US is trying to increase trade with India, japan is too- they don't want to be dependent on stuff from china. Which further goes to show that trade is a political consideration that plays heavily into the psyche of a country.

    Brilliant analysis SHASH Two thumbs Up!
     
    Last edited: Feb 6, 2011
  8. mayfair

    mayfair Elite Member Elite Member

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    Trade with Pakistan can be expanded..but on OUR terms. It MUST include a secure transit for our trade with Afgahnistan and Central Asia. We must ensure that the odds are stacked in OUR favour.
     
  9. ejazr

    ejazr Stars and Ambassadors Stars and Ambassadors

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    There are already trading post on the Punjab border and Rajasthan border. This is probably to do with the LoC trade post where trade is allowed only for two days in a week.

    There is no problem from the GoI side as they want people-to-people contacts and trade to increase as eventually this is in our benefit. The problem is that the GoP is paranoid and wants to keep contact and trade to a minimum. Intresting that even on "Kashmir solidarity day" the locals are asking for improving trade relations rather than denouncing India.
     
  10. SHASH2K2

    SHASH2K2 New Member

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    America already brokered a transit deal for us . regarding Odds they are always stacked in our favour as we are bigger economy. For Pakistani businessmen they will be able to save costs as they will not be buying made in India stuffs through a third country.
     
  11. Oracle

    Oracle New Member

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    There are some things to consider while we go berserk over trade with Pakistan:

    1. Terrorism - Let Pakistan come up with concrete steps. We certainly don't want to fuel Pakistan's fragile economy, while they continue abetting terrorists.
    2. Indian Land - Hand over PoK to India. And accept infront of the whole World that the whole of Kashmir is Indian Land, including Aksai Chin. How they hand over Aksai Chin, is Pakistan's problem, not ours.
    3. Land access to central Asia - Access to energy rich Central Asia.

    No trade, until then.
     
  12. SHASH2K2

    SHASH2K2 New Member

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    For first 2 points its not possible as of now and 3rd point is already done. Though its only for goods through Pakistan . Negotiations are already underway for gas through Pakistan and minerals from Afghanistan will be coming to India through Pakistan. But holding trade for these issues will not be a wise decision. After all we will be making money only through trade and Pakistanis will also make and save money. But Problem seems to be from Government of Pakistan and they do not encourage of trade with US.
     
  13. Oracle

    Oracle New Member

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    Shash, India already is making money with a lot of other Countries. Everybody from the US, Japan, Canana, UK wants to have business with us. We can neglect Pakistan until those first 2 points are addressed. It won't hurt our economy a twitch.

    W.r.t Pakistan we are in the upper deck, they should acknowledge it and give way. Moreover, points 1 & 2 are valid concerns, and GoI should not shove them under the carpet and nor should we.
     
    Last edited: Feb 6, 2011
  14. SHASH2K2

    SHASH2K2 New Member

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    A little bit extra never hurt . Also as I said earlier Having a strong business relationships with them will be a strategic advantage as well. China isn't our friend either but we have a strong business relationship with them . A strong business relstionship and dependence on India will force them to think twice before doing misadventure and thats precise reason why they are not very keen on having a strong business relationship with us .
     
    Last edited: Feb 6, 2011
  15. Oracle

    Oracle New Member

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    Mate, I do not discard your views. You are correct.
    However, if we go by history, everytime the GoI lets out a dime to Pakistan, it bites our hand. This is necessary so that Pakistan knows that it cannot live in this century with a hostile attitude towards India. Bargaining chips we got many, but we should not give up strategic assets. It's time we do not repeat the mistakes of 1947 and 1971.

    P.S.: Even the US is wary of talking about Kashmir, and ducks out saying Kashmir is a bilateral problem. :D
     
  16. SHASH2K2

    SHASH2K2 New Member

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    First of all Pakistan ISI and Army will never allow a strong trade relationship with India but is somehow it happens it will be heavily tilted in our favour . though for Pakistani business men it will save a lot of cost . So overall we will be the one who will be benefited . SO its not a favour to Pakistan infact its pure business.
     
  17. Oracle

    Oracle New Member

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    /\/\/\ Yes, agree again. Pure business among equals, is how I see it. Pakistan is no where in sight.
     
  18. SHASH2K2

    SHASH2K2 New Member

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    You mean to say trade between USA 16 trillion economy and India 1.7 triilion economy is among equals?
     
  19. JayATL

    JayATL Senior Member Senior Member

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    ^^ why waste your time :)- it aint getting through.
     
  20. SHASH2K2

    SHASH2K2 New Member

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    ^^ How do you know if its getting through or not? donot use my comments to settle personal scores.
     
  21. JayATL

    JayATL Senior Member Senior Member

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    ^ Its not a score :). I'll bet 100 bucks its not going to get through. that's all. carry on though with your efforts... I won't say anymore.
     

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