Dr. Strangelove
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oh the defence minister khuwaja asif
whats the music in background ?
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oh the defence minister khuwaja asif
If you actually read the article he is talking about both countries military establishments .. not just Pakistan's .. which you so conveniently omitted .
trade with india is blasphemy
Pakistan has to take this issue seriously and not rush to extreme on either side of no trade or totally free trade. Free trade might be the right aim on a medium term perspective.
If you actually read the article he is talking about both countries military establishments .. not just Pakistan's .. which you so conveniently omitted
Why are you joking around??Responsibility lies on Indian public and politicians to tackle their army and it would not serve any good purpose if I started talking against their army.
Free trade or MFN is the stupidest thing Pakistan can do.
All of today's largest economies developed under tarrifs, duties and taxes that protected local industry from competition. It is only once your industries are established can you even begin to think about opening up your economy to free trade and MFN. Only idiots (ex. Zardari and various civilian politicians like the Shariff's) and those who completely lack knowledge on the issue would support MFN to India. You're talking about opening your economy up to a country that not only occupies Pakistani land (i.e. Kashmir) but offers its agricultural industry four times the subsidies (which has a huge impact on various other industries, particularly those that create value added products from agricultural produce, which are able to create cheaper products thanks to them) and gains a massive advantage due to market of scale (i.e. each of their businesses will be larger from having to initially service a much larger domestic population meaning they're buying more raw materials which allows them the ability to purchase at cheaper rates producing cheaper value added products). Add to this the fact that Pakistan is going through a serious energy crisis so our industries are further weakened.
The government should be a lot more focused on raising the tax to GDP ratio and investing in local industry (our capital gains formation has never even exceeded 22.5% of GDP) particularly electricity production.
I can go a lot deeper into this and have written on this issue and those like it before on various posts made on PDF.
It's not just the military virtually all of Pakistan's major industries are opposed to MFN.
The Pharma industry opposes them, the agricultural industry opposes them, the automobile industry either opposes or is worried about them and want special protections, etc...
If this is true the Pakistani army is doing a great job.
You're talking about opening your economy up to a country that not only occupies Pakistani land (i.e. Kashmir) but offers its agricultural industry four times the subsidies (which has a huge impact on various other industries, particularly those that create value added products from agricultural produce, which are able to create cheaper products thanks to them) and gains a massive advantage due to market of scale
Free trade or MFN is the stupidest thing Pakistan can do.
All of today's largest economies developed under tarrifs, duties and taxes that protected local industry from competition. It is only once your industries are established can you even begin to think about opening up your economy to free trade and MFN. Only idiots (ex. Zardari and various civilian politicians like the Shariff's) and those who completely lack knowledge on the issue would support MFN to India. You're talking about opening your economy up to a country that not only occupies Pakistani land (i.e. Kashmir) but offers its agricultural industry four times the subsidies (which has a huge impact on various other industries, particularly those that create value added products from agricultural produce, which are able to create cheaper products thanks to them) and gains a massive advantage due to market of scale (i.e. each of their businesses will be larger from having to initially service a much larger domestic population meaning they're buying more raw materials which allows them the ability to purchase at cheaper rates producing cheaper value added products). Add to this the fact that Pakistan is going through a serious energy crisis so our industries are further weakened.
The government should be a lot more focused on raising the tax to GDP ratio and investing in local industry (our capital gains formation has never even exceeded 22.5% of GDP) particularly electricity production.
Bilateral trade has increased to $2.4 billion, which may soar to $6 billion in the next two years if both countries decide to treat each other equally. Currently, most of the trade between India and Pakistan takes place via Dubai and its volume is estimated at over $4 billion.
New Recruit
However this would be completely absurd if we totally avoid trade with India due to our conflicts.
This is why I said that this issue has to be studied by experts on a sector-wise basis and we follow established norms in international trade related to duties and tariffs.
Pakistan’s exports to India grew 28% while Indian exports to Pakistan increased 19%.
Bilateral trade has increased to $2.4 billion, which may soar to $6 billion
According to an official statement released by the Indian High Commission in Islamabad, Pakistan’s exports to India in the last Indian financial year (April 2012-March 2013) grew 28% and reached $513 million. Metalliferous ores and metal scrap, organic chemicals, raw cotton and leather were among the commodities that contributed significantly to the increase.
India’s exports to Pakistan in the same period increased $300 million, a growth of 19%. Total Indian exports to Pakistan stood at $1.84 billion, putting the trade balance in favour of New Delhi.
If you actually read the article he is talking about both countries military establishments .. not just Pakistan's .. which you so conveniently omitted .