Ask It!
Home > Ask It! > Countries & Regions > India

trading between india and pakistan

can somebody let me know that despite of cold war between india and pakistan is TRADING is going on or banned by the govt. as i want to import from pakistan to india. so please let me know?????

Posted on 2013-02-14 23:26:42

All Answers


For your kind information, the current trade volume between India & Pakistan is in excess of USD 2 Billion. And it is likely to scale a level of USD 10 Billion by 2014 as has been projected by the Pakistan Commerce Secretary, Mr. Shuleman Ghani, in the ASSOCHAM meeting held on 5th Sep.2009.A study shows that there is a large untapped trade potential between the two countries. Using the potential trade approach, the study finds that the export potential from India to Pakistan is to the tune of US$ 9.5 billion while that from Pakistan to India is US$ 2.2 billion. Items having export potential from Pakistan are largely in the textile sector while items having export potential from India are predominantly in non-textile sectors. Very few items having export potential from India are on the positive list adopted by Pakistan. At the same time there are several items that India is importing from other countries but not from Pakistan. This indicates that there is a huge information gap on both sides on items that can be imported by India from Pakistan. A working definition of non-tariff barriers adopted in the study included six major categories, namely, quantitative restrictions, trade facilitation and customs procedures, technical barriers to trade and sanitary and phytosanitary measures, financial measures, para-tariff measures and visas.As regards your direct question, Pakistan has an export interest in textiles and agricultural products which also happen to be sectors where import restrictions/standards are most rigorously applied by India. The imposition and application of standards in India was perceived as a major non-tariff barrier by Pakistani exporters. If you can address these issues, well, you can set sail forward.-S.Baskaran, Chennai, India

2013-02-14 23:26:42

[em22]

2013-02-14 23:26:42
<<Previous
1
Next>>