New Delhi, Feb 19 : The trade between India and Pakistan has touched a record figure of 977-million-dollar mark, recording a 129 per cent growth in the first seven months of the current fiscal.
This was indicated at a meeting between Union Commerce Minister Kamal Nath and Pakistan’s Minister of State for Commerce Hamid Yar Hiraj here today.
India’s imports from Pakistan have been growing at a steady pace - 87 per cent in 2005-06 and 86 per cent in April-October (2006-07).
The two way trade between the two countries from April to October 2006 comprises India’s export of around 789 million dollars to Pakistan and around 188 million dollars has been imported from Pakistan to India.
The two Ministers underlined the desire to boost the bilateral trade and to promote economic and commercial cooperation within the framework of composite dialogue.
Hiraj is leading a 187-member business delegation to India, the largest ever business delegation from Pakistan to India.
Re: Indo-Pak trade touches 977-million-dollar mark
With two bankers in the top posts of both the countries… we need to do better. before their term is over both the countries should target for 5-10 billion USD bilateral trade..
good news nonetheless. :k:
Re: Indo-Pak trade touches 977-million-dollar mark
Economy is the main hope in 21st century.
Let's hope for the best!
Pakistani establishment should also facilitate Iran India gas pipeline project. It will help three countries. Pakistani can always claim royalty for every unit of gas transported through mainland with a guarantee that it will not be sabotaged. WIN-WIN situation for all.
Re: Indo-Pak trade touches 977-million-dollar mark
^ ^ ^ ^
But do you think America will ever support any peaceful projects which may benefit Iran..? Bushy and his neo-cons are against any such deals...both India and Pakistan have to convince Bush uncle before even approaching Iran.
Re: Indo-Pak trade touches 977-million-dollar mark
But do you think America will ever support any peaceful projects which may benefit Iran..? Bushy and his neo-cons are against any such deals...both India and Pakistan have to convince Bush uncle before even approaching Iran.
Americans will always do their best to scuttle this deal. Problem is also aggravated by non-stop sabre rattling of president Ahmednijad, he can keep quiet and do whatever he wants to do, why to make Hulla Gulla and invite trouble. Having strong nationalist feelings doesn't mean that subeh shaam dhol peeto. Look at Russians, Chinese...Baaten kam aur kaam zyaada.