MFN status to India will put 70pc rural jobs at stake

[Pioneerfirst]

why you were expecting a better deal from India ? Both need to open the gate.

were not expecting any better deal,as most of Pakistanis are realistic in case of India, I talked of leveled playing field.

 

[JohnyD]

Apparently, It is much more profitable to build a plant in India, hire inefficient labor and export the product to Pakistan.

@Batman - are you sure u r talking about India (and not china) and posting in the thread you wanted to post?

 

[Ammyy]

He said that cotton farmers would face an uphill task to sell their produce to spinners as the cost of cotton production in India is much lower due to huge government subsidies. He said Indian govt is taking only Rs1700 per month electricity bill from the farmers for tube-wells and in our country up to Rs150,000 electricity bill is common.

Only stupid can think its true

 

[Bapu]

Good luck getting level playing field from the hindu banya.

Pakistan seriously needs to review its india policy -- why the fcuk we are giving india that it is wishing for so long, and not talking about getting us back which is rightfully ours.

What we should do other than NOT granting india MFN status (unless Kashmir and other disputes are resolved) is to also deny india any transit facilities, both land and sea (via our ports) to Afghanistan and central Asia (unless it closes down all its terrorists centers in Afghanistan along the border with Pakistan) -- what india can export to Afghanistan and CARs, we can also and that too with a better quality -- giving transit facilities to india will only give us transit fee (peanuts) BUT will make it easy for them to compete against us in capturing Afghan and CARs markets, and to gain access to central Asian riches, exploiting their mineral resources and taking them back to india for processing, all through Pakistan -- so we better be sensible and deny all that to india (which they are dying to get, doesn't make any difference if they deny it or not, we know it), unless they come to terms with us, peacefully resolve the disputes and give us back what is rightfully ours.

Nothing good has ever come out of PeePeePee govt in the past, nothing good will come out of it in the future -- it's time for a regime change in Pakistan.

 

[jackyy]

Good luck getting level playing field from the hindu banya.

Pakistan seriously needs to review its india policy -- why the fcuk we are giving india that it is wishing for so long, and not talking about getting us back which is rightfully ours.

What we should do other than NOT granting india MFN status (unless Kashmir and other disputes are resolved) is to also deny india any transit facilities, both land and sea (via our ports) to Afghanistan and central Asia (unless it closes down all its terrorists centers in Afghanistan along the border with Pakistan) -- what india can export to Afghanistan and CARs, we can also and that too with a better quality -- giving transit facilities to india will only give us transit fee (peanuts) BUT will make it easy for them to compete against us in capturing Afghan and CARs markets, and to gain access to central Asian riches, exploiting their mineral resources and taking them back to india for processing, all through Pakistan -- so we better be sensible and deny all that to india (which they are dying to get, doesn't make any difference if they deny it or not, we know it), unless they come to terms with us, peacefully resolve the disputes and give us back what is rightfully ours.

Nothing good has ever come out of PeePeePee govt in the past, nothing good will come out of it in the future -- it's time for a regime change in Pakistan.

hahhahahaaa.........we dont need pakistan to transfer anything to middle east
we have iran

 

[Bapu]

It's about time my friend before Iran also gets to know the banya mentality.

Just wait and watch.

 

[jackyy]

It's about time my friend before Iran also gets to know the banya mentality.

Just wait and watch.

ok.........

 

[BATMAN]

hahhahahaaa.........we dont need pakistan to transfer anything to middle east
we have iran

Than stop your over loaded trucks running on Pakistani roads without paying a penny and without under going weighing machine.

 

[jackyy]

Than stop your over loaded trucks running on Pakistani roads without paying a penny and without under going weighing machine.

so where these trucks are going??india dont transfer anything to afghanistan through pakistan

 

[BATMAN]

so where these trucks are going??india dont transfer anything to afghanistan through pakistan

Don't act naive!!!
Your ill mannered traders are damaging our exhibition centers. They were like coming from wild.
We spent lot of money only to clean the garbage which you spread around.

I have seen Indian traders dragging their feet while walking on expensive floor... why???? what do you gain out of it???

BTW...If you have eyes you can read the banners on the truck to get answers of your stupid questions.

 

[majesticpankaj]

few pakistanis again overestimating their worth. I don't think India is gonna gain much.. we are already exporting 5 bn usd worth of goods via third nation. It is actually Pakistanis who are suffering by paying extra and their country who is loosing on duty. It is basically their own loss. But who can stop the ghairatmand brigade of Pakistan.

 

[BATMAN]

few pakistanis again overestimating their worth. I don't think India is gonna gain much.. we are already exporting 5 bn usd worth of goods via third nation. It is actually Pakistanis who are suffering by paying extra and their country who is loosing on duty. It is basically their own loss. But who can stop the ghairatmand brigade of Pakistan.

You are already profited by turning a multi million dollar complex in to garbage.

 

[haviZsultan]

Guys India-Pakistan infighting out of the equation the businesses on Pakistani side may benefit from this though I agree that the smaller farmers may suffer.

My friend a businessman with a warehouse has always said his companies first target is trade relations in India so Pakistani firms can market products in India and Indian ones in Pakistan.

Perhaps the rural economy will suffer but other sectors can benefit.

Only thing is India still does not allow FDI (foreign direct investments) from Pakistan yet. So perhaps a bit of reciprocity should ease up Pakistani nerves.

 

[haviZsultan]

How MFN status to India benefits Pakistani business​

LAHORE - Cosmetics are smuggled by donkey through Afghanistan, chemicals and medicines track through Dubai. But only a fraction of legal trade travels directly from India to Pakistan. A baffling array of legal and practical barriers to exports between the suspicious neighbours has spurned unofficial trade worth up to $10 billion, dwarfing official exchanges of $2.7 billion. But a recent rapprochement that looks to normalise trading relations between India and Pakistan could end a decades-old system that stifles business and saps profits through networks of middlemen, money changers and smugglers.

Bureaucratic losses: A booklet of 1,945 items lists trade allowed to run from India to Pakistan — but only 108 can be trafficked directly by road through the border post at Wagah, near the eastern border city of Lahore. At old markets in Lahore, traders peddle whitening creams and hair dyes that have journeyed from India to Karachi by sea bound for Afghanistan, before being reloaded and smuggled along the Hindu Kush to re-enter Pakistan. Along the way a simple anti-wrinkle cream rises from Rs 75 (85 cents) to Rs 160 ($1.82), while black hair dye doubles from Rs 5 to Rs 10.

Tonnes of industrial chemicals and drugs travel into Dubai, where their port of origin is relabelled to hide their Indian provenance before being sent on to Pakistan. The process entails a mark-up of 15-20 percent, say importers. But 15 years after India granted Pakistan “Most Favoured Nation” status in line with World Trade Organisation rules, Pakistan this month finally agreed to return suit, paving the way for a radical reorganisation of bilateral trade.

Opening up to 7000 products: Pakistan has pledged to open its market to over 7,000 products from India over the next three months and says India should have MFN status by the end of 2012, a step to removing discriminatory higher pricing and duty tariffs. The list of nearly 2,000 items allowed for trade is to be replaced by a list of disallowed items, and a second trading post has been opened at Wagah. Observers say the rapprochement signals a seismic shift from Pakistan’s traditional and strategic antipathy to India, and a deeper economic engagement between the nuclear rivals that is crucial for lasting peace in the region. “People who are pro-trade have prevailed. For the first time our strategists are viewing economic security as a significant element of national security,” said Abid Hussein, who teaches trade policy at Lahore University of Management Science. The IMF, which failed to agree a loan package for Pakistan this year amid stalemate on economic reforms, says that GDP growth for the current fiscal year is unlikely to top 3.5 percent, compared with more than double that for regional superpower India.

Growth could increase: But the Pakistan Business Council estimates that enhanced bilateral trade could bump its growth rate by 1-2 percent. Experts predict $1.5-2 billion could be saved by routing imports directly into India and its 1.2 billion consumers. Barriers remain, however. Businessmen want to see more land access open up along the 1,800-mile (2,880-kilometre) border, along with more options for air. On the Indian side of Wagah, only two trucks can be loaded and unloaded at a time, hampering a burgeoning export trade in gypsum and dried dates. Official figures show that while 4,000 metric tonnes of goods can come into Pakistan on up to 200 trucks per day, only 500 tonnes can leave in 70 trucks. Overall land trade last year totalled Rs 21 billion in exports compared to Rs 1.33 billion rupees in imports.

Travel restrictions a problem: For businessmen, their biggest problem is not being able to travel freely. “I want to export this item to India but I cannot go and cannot market my product. Visa is the main hurdle,” said Aftab Ahmed Vohna, who sits on the Pakistan-India standing committee for the Lahore Chamber of Commerce. But powerful lobbies remain unconvinced that the hostilities that have led to three wars since independence can melt away. Hundreds of Islamist activists in Pakistani-administered Kashmir on Friday demonstrated against improving trade, and leaders in industries likely to lose out to open competition with India are loudly demanding an opt-out. They point to India’s protectionist policies in sectors such as agriculture, where exporters pay a 37 percent tariff instead of the standard 13 percent. They fear that Pakistan will be flooded with cheaper Indian goods, strangling domestic business, although Vohna points out that free trade with India’s big rival and Pakistan’s close ally China has failed to do so. “The main difference between India and China is confidence,” said Vohna. “Every person argues with me that Indian goods will close our factories. I tell them if Chinese cheap goods cannot close our factories, India’s will not.”

http://www.pakistantoday.com.pk/2011/11/how-mfn-status-to-india-benefits-pakistani-business/
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Okay some brilliant points raised here:
-Unofficial illegal trade continues unabated. Wines, beer lots of other stuff smuggled. Best to legalize trade. Both countries fail to implement restrictions.
-India granted us MFN status already-time to reciprocate.
-The price of objects imported rises almost double when imported first to Afghanistan, then to Pakistan. So we'll get better prices. End consumer matters. Some people don't care about him but if he saves 20$ he can maybe send his kids to school.
-21 Billion in land exports to 1.33 Billion in imports from India sounds good to me. The country that dominates the others markets and pushes local businesses out is the winner, remember? We exporting more is a win win for us. Means our products r going to India.
-If Chinese goods coming couldn't shut our industry down, how will India. Plus focus should be on exporting businesses not cheap businesses that can't export and go bankrupt on competition. South Korea strengthened itself by strengthening its exporting strength. It didn't give two hoots about sectors that couldn't export.

 

[Majnun]

Nothing but BS. What type of rural jobs he is talking about agriculture??

Rural areas don't have jobs, electricity that's why people migrates to cities all over the world.

Are you serious?