Billionaire Mittal Pushes Pakistan Detente With Refinery

[Silaaj]

Re: Billionaire Mittal Pushes Pakistan Detente With Refinery

@Amal

Mittal won’t be required to pay IRS14.78 levies on every litre he sells in India. The cost will thus come down to $1.19 as compare to Pakistan’s $1.15. There must be some other variables as well that will come up for counting if such a huge business decision is made.

Brings me back to my previous argument.
Petrol is selling in India at $1.48. If the waivers and other variables that you mentioned allow the price for Mittal to come down to $1.19 or even lower, just so that he can sell it to Pakistan at a cheaper rate, in order to keep his sell price at par with what Pakistanis are currently paying, then would that go down well with Indians?
That sounds like a Zardari-esque deal. Export sugar for less..Charge Pakistanis more for it locally.