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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Advocacy group urges India, Pakistan to focus on normalising trade and business ties
trade and commercial ties with India has urged both countries to focus on normalising trade and business relationship between them for the welfare of the people of both sides. In a letter to the Pakistan-India Joint Business Forum (PIJBF) Wednesday, the Pak-India Business Council chairman Noor Muhammad Kasuri asked it to play its due role in creating circumstances where the two countries may save approximately USD 10 billion in the fields of energy sector, petroleum products, raw material for pharmaceutical industry, consumers' goods, cotton items and infrastructure development.
He said the businessmen of both countries suffered due to passive ties for the last six years.
«Strenuous efforts should be made to create a conducive atmosphere where businessmen of both the countries may avail trade and business opportunities present in their respective countries,» he said.
«Keeping in view the current economic and political scenario in the country the forum can play a significant role in boosting business ties between the two countries,» he said, adding that due to cold trade ties between the two countries.
Pakistan incurred approximately $30 billion loss during the last six years.
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Even at $5 trillion, Nvidia is underappreciated
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