India fails to stop EU duty waiver for Pakistan

[Geronimo2011]

Thats because India is a bigger economy.

Look at other big economies in the world, for example USA. Pakistan is a small economy so in monetary terms, will always be smaller.

A lot of people have difficulty in grasping the concept of percentages

 

[alizahid]

i think its high time india should mature up and stop trying to stop other countries for selling us stuff or dealing with us. it only shows how mature they are. i dont remember when pakistan even tried anything like they do all the time. pakistan is going to get what it wants no matter india or whoever stops them. so stop making a fool or yourselfs..
Original Post By alizahid
on second thought i dont care keep crying... we are still going to get all we need. you are importing hardware and we are making our own hardware. there is a huge difference. by the time ure mcra comes to india we will have much advanced jf17's and j10's even mayb a stealth variant. all home made without any restrictions or end user agreements.

after all your stuff gets old what are you guys gonna do go ut and buy more.. hahaha!! i like that you guys dont have any coppacity to build quality things at home. everyone knows about the russian spares india makes. lol

 

[deckingraj]

i think its high time india should mature up and stop trying to stop other countries for selling us stuff or dealing with us. it only shows how mature they are. i dont remember when pakistan even tried anything like they do all the time. pakistan is going to get what it wants no matter india or whoever stops them. so stop making a fool or yourselfs..
Original Post By alizahid
on second thought i dont care keep crying... we are still going to get all we need. you are importing hardware and we are making our own hardware. there is a huge difference. by the time ure mcra comes to india we will have much advanced jf17's and j10's even mayb a stealth variant. all home made without any restrictions or end user agreements.

after all your stuff gets old what are you guys gonna do go ut and buy more.. hahaha!! i like that you guys dont have any coppacity to build quality things at home. everyone knows about the russian spares india makes. lol

I think first you need to mature...Stop pushing every damn thing to India...There are many countries apart from India who are against the deal because it violated the basic funda of trade....

 

[ironman]

@ Rupeenes and its CRAP...

EU fails to clear trade concession for Pakistan​

2011/05/28 KARACHI - The European Union (EU) again seemed helpless in the World Trade Organisation (WTO) on Thursday as India, displayed its traditional rivalry with Pakistan and continued its opposition to the proposed trade concession to Islamabad. The proposals will again be brought under discussion in the General Council of WTO in July 2011 but there is little hope that the deadlock will be broken as India’s inflexible stance over the concession will likely remain consistent. This was the fourth meeting of WTO since the European Council in its meeting on September 16, 2010, decided to grant Pakistan special concessions to support its ailing economy in the wake of devastation wreaked by the unprecedented floods. The total worth of export of these tariff lines was expected to be $1.03 billion and the average tariff on these products around 8.86 percent. Though the ambassador of Pakistan to WTO Shahid Bashir has claimed that the proposals have moved forward after the withdrawal of objection from Vietnam but the big hurdle in the way of approving the concession was and is India, sources said. “Vietnam, Peru, Bangladesh and Sri Lanka were not opposing the draft bill submitted by EU, they however expressed concerns of the implications posed by the proposals and its effect on their own textile based economy,” they pointed out, adding that India was only the country which has challenged on the grounds it was a gross violation of WTO rules. The Indian ambassador again raised the same objection in the meeting of Council for Trade and Goods of WTO on May 26, 2011, reiterating its position that the waiver of WTO rules was against the violation of the organisation’s rules which are being followed by 153 countries. Delhi’s argument was based on common concerns regarding the change of rules to a particular country which could establish a new trend in the WTO. The EU’s representative, which had earlier called the meeting as a last resort to pass the proposals, was once again ready to wait for another month to at least secure approval from other countries like Peru and Bangladesh. The EU hoped that India, once it loses support from the few countries in opposition, might make a conciliatory gesture towards Pakistan by allowing preferential trade with Europe. However, sources claimed that the objections raised by Delhi was not because of the trade implications inherent in the EU proposals but was purely the result of the traditional animosity exhibited in its refusal to accede to the draft proposals in WTO. Having, comparatively, little share of exports in the textile sector; the limited concession to Pakistan would not dent the overall huge export of the neighboring country, sources opined. The Indian ambassador, who had expressed distress in previous meetings of WTO over the ‘waiver from GATT Articles I and XIII’ concerning autonomous preferences for Pakistan, had said that temporary tariff concessions could neither attract foreign direct investment (FDI) or provide employment to those affected in the flash floods. India was also repeating its objections that the tariff concessions would not benefit those who needed aid most while the gainers would be the existing producers and their employees as they may gain in terms of overtime and boosted exports. Its representative also claimed that flood affected areas are far away from the industrial centers and the victims of floods would not benefit from the concessions. Delhi was also raising the technical concerns that even a positive gesture on the part of the EU would also cause damage in terms of trade divergence and impact primarily on poor workers in both less developed countries and developing countries.

Business Gazette Weekly

 

[alizahid]

@ Rupeenes and its CRAP...

Well congrats india!! Ure crying an wining Has payed off.

 

[ironman]

Well congrats india!! Ure crying an wining Has payed off.

Look who's crying

Pakistan to grant India MFN status before October

 

[Zeeshan360]

@ Rupeenes and its CRAP...

I think we shouldnt overestimate ourselves
Look at the bigger picture , it was EU which saved the most.
Europeans are smarta$$ they didnt give money to Pakistan as aid but gave concessions which were unethical even they knew this .
Now India protested and EU cancelled them , India isnt USA as of now but still concessions got cancelled

 

[Zeeshan360]

i think its high time india should mature up and stop trying to stop other countries for selling us stuff or dealing with us. it only shows how mature they are. i dont remember when pakistan even tried anything like they do all the time. pakistan is going to get what it wants no matter india or whoever stops them. so stop making a fool or yourselfs..
Original Post By alizahid
on second thought i dont care keep crying... we are still going to get all we need. you are importing hardware and we are making our own hardware. there is a huge difference. by the time ure mcra comes to india we will have much advanced jf17's and j10's even mayb a stealth variant. all home made without any restrictions or end user agreements.

after all your stuff gets old what are you guys gonna do go ut and buy more.. hahaha!! i like that you guys dont have any coppacity to build quality things at home. everyone knows about the russian spares india makes. lol

Pretty huge post indeed .
But the title of the thread is false .
India like always won this too

 

[au090419]

india will have heart attack after listening this news

 

[au090419]

hate india...............................btw india is the next Islamic state where majority will be Muslims.............hahahahaha