Pak. loses 7 billion by avoiding India goods

[coffee_cup]

Nothing is better then dignity ,we need to be firm on our foreign Policy , if we do direct business then we need to take onboard iok leaders and should have trade or aid access to Indian occupied Kashmir

We first need to plug the gap from where $4 billion have gone to India from Pakistan in the last three years directly. And the amount went via Dubai (indirectly) is even higher.

No more business with India.

 

[Joe Shearer]

It has been years since I studied anything to do with economy and finances, so forgive me if I'm not completely right here;
For a nation such as Pakistan, exports are extremely important. What you're suggesting is that Pakistan transition into a primarily consumer market, yet Pakistan does not have the governmental purchasing power to actually make such a thing work. Consumer markets are generally developed nations for a reason, because they don't need to generate a lot of forex, as they're highly self sufficient. So, for developed nations, exports are not as important as domestic revenue. For developing nations, exports are far more important, because they're still building up their domestic revenue base, which can take decades or even a century to build up.

Again, I'm probably wrong here, but that's the best explanation I can think of.

No, that is a very reasonable explanation. Permit me to withdraw and consult some experts and get back. This may take a couple of days. It is an interesting point.

One preliminary thought that strikes me - again, at a strictly amateur level - is that very large populations like India have such purchasing power even in small slivers of its population that it generates sufficient local revenue to get along. Marketers have started addressing the very poor by packaging their products in very different, very much smaller packages, which are easier to buy with the intermittent income that the poor have, and with their lack of ability to buy larger packages.

But I should really talk to the economists and get back to you, obviously hoping to do so with information that corroborates my stand that Pakistan should play to her strengths, as I perceived them, not to her weaknesses.

Nothing is better then dignity ,we need to be firm on our foreign Policy , if we do direct business then we need to take onboard iok leaders and should have trade or aid access to Indian occupied Kashmir

This is what drives up my BP.

You already have trade access to Indian administered Kashmir. There are friends of mine whose entire income is based on trade with Pakistan administered Kashmir, therefore, indirectly, with Pakistan.

 

[X-2.]

We first need to plug the gap from where $4 billion have gone to India from Pakistan in the last three years directly. And the amount went via Dubai (indirectly) is even higher.

No more business with India.

Yea I did thread on it , illegal transfer of approx 10 billion is unrecorded
Government itself involved in this scandal

 

[Kaniska]

Pak. loses $7 bn. by avoiding India goods
ARUN S

Pakistan suffered a loss of about $7 billion in 2014 by importing items from other countries at a higher cost instead of sourcing them from India, according to a study by the New Delhi-based Research and Information System for Developing Countries (RIS).

The think-tank in the study, to be released this week, found out that the loss was substantial considering Pakistan’s GDP (nominal, 2015) was only about $270 billion. Prime Minister Narendra Modi is slated to chair a meeting to review trade ties between India and Pakistan on Thursday.

Significantly, the RIS study’s findings are in line with the theme of Modi’s recent speech at Kozhikode (Kerala), where he called upon the people of Pakistan to fight a war on unemployment, poverty and illiteracy.

The RIS study — on ‘Costs of Non-Cooperation’ — covered 5,200 items. These included refined petroleum, palm oil, aviation spirit, motor vehicle parts, edible oil, cotton, milk powder, marine products, machinery as well as chemicals and allied products.

‘Costs of Non-Cooperation’ occurs when a country imports from the global market at prices higher than the price at which the same product is available from the regional market, and thereby incurs an additional foreign exchange expenditure on such imports, the RIS said.


Many products that Pakistan imported from third countries were at least three times more costly than the price of the same item from India in export markets, it added.

“The objective of the study is to show Pakistan that they can save on the foreign exchange front if they cooperate in South Asia,” said Ram Upendra Das, professor, RIS.

Pakistan is a net-importing nation with a trade deficit of $22 billion in 2015. In 2015, it imported around $44 billion, while it exported only items worth $22 billion. India-Pakistan trade is far below potential and negligible.

Trade between both the nations in 2015-16 was just $2.6 billion, while according to various estimates the annual bilateral trade has the potential to surpass $20 billion if both countries cooperate and remove barriers and restrictions. Currently, most of the trade happens indirectly through Dubai, Singapore, port of Bandar Abbas (Iran).

Keywords: India-Pakistan trade ties, MFN Status, Pakistan economy


http://www.thehindu.com/business/Economy/pak-loses-7-bn-by-avoiding-india-goods/article9159274.ece

I think if they import from China, then it should be cheaper..Now a days, even i can see Chinies company manufacture all the goods for Indian market

thehindu.com

Do not compare Hindu with any other media outlet..Hindu is one of the very few sensible media company which believes in True stories..They do not sell their news by screaming in the TV channel...

 

[X-2.]

No, that is a very reasonable explanation. Permit me to withdraw and consult some experts and get back. This may take a couple of days. It is an interesting point.

One preliminary thought that strikes me - again, at a strictly amateur level - is that very large populations like India have such purchasing power even in small slivers of its population that it generates sufficient local revenue to get along. Marketers have started addressing the very poor by packaging their products in very different, very much smaller packages, which are easier to buy with the intermittent income that the poor have, and with their lack of ability to buy larger packages.

But I should really talk to the economists and get back to you, obviously hoping to do so with information that corroborates my stand that Pakistan should play to her strengths, as I perceived them, not to her weaknesses.



This is what drives up my BP.

You already have trade access to Indian administered Kashmir. There are friends of mine whose entire income is based on trade with Pakistan administered Kashmir, therefore, indirectly, with Pakistan.

Actually politicians on both sides on there own agenda of making money
If they are serious in bringing peace in region it's just need couple of hours brief meeting between both countries high rank envoys to solve this
Bring peace in Kashmir,r right and freedom to Kashmiris
Direct trade in iok
Then direct trade with India
These basic steps can bring another change in the chapter
Otherwise no peace in Indians occupied Kashmir no further positive mark can signify
Kashmir is integral part of Pakistan

 

[Joe Shearer]

Actually politicians on both sides on there own agenda of making money
If they are serious in bringing peace in region it's just need couple of hours brief meeting between both countries high rank envoys to solve this
Bring peace in Kashmir,r right and freedom to Kashmiris
Direct trade in iok
Then direct trade with India
These basic steps can bring another change in the chapter
Otherwise no peace in Indians occupied Kashmir no further positive mark can signify
Kashmir is integral part of Pakistan

LOL.

You can start by deleting your last sentence.

You can also delete your sentence about direct trade with Indian administered Kashmir. It happens.

 

[X-2.]

LOL.

You can start by deleting your last sentence.

You can also delete your sentence about direct trade with Indian administered Kashmir. It happens.

Sir if u give a minute for sack of comment atleast its not a bad proposal
It will be much peaceful region
Let the people live with peace education
Freedom,opertunities
But thnx for your suggestions

 

[Joe Shearer]

Sir if u give a minute for sack of comment atleast its not a bad proposal
It will be much peaceful region
Let the people live with peace education
Freedom,opertunities
But thnx for your suggestions

OK, calm down. What is your plan? Shall we start again?

 

[X-2.]

OK, calm down. What is your plan? Shall we start again?

Complete freedom to Kashmiris like any state in the world
Trade between iok and India with Pakistan directly
Result peace in this region
Is it too much to ask for stability in Kashmir

 

[Joe Shearer]

Complete freedom to Kashmiris like any state in the world
Trade between iok and India with Pakistan directly
Result peace in this region
Is it too much to ask for stability in Kashmir

1. Constitutionally there is no provision for allowing any part of the Union of India to go out. What do we do about that?
2. You seem to be unaware of this, but there is already direct trade between Indian administered Kashmir and Pakistan.
3. We all hope for this.
4. We all hope for this.

 

[X-2.]

1. Constitutionally there is no provision for allowing any part of the Union of India to go out. What do we do about that?
2. You seem to be unaware of this, but there is already direct trade between Indian administered Kashmir and Pakistan.
3. We all hope for this.
4. We all hope for this.

1: I said about free movement the minimum Indian government can do, everyday arrests and curfew isn't going to help India ,even it's waste of money and image on international forums (this is otherwise going to start the war if it keep going same on loc)
2: thrre are still bit restrictions time to time (https://www.geo.tv/latest/779-intra-kashmir-trade-remains-suspended )
3+4

 

[Indrajit]

1: I said about free movement the minimum Indian government can do, everyday arrests and curfew isn't going to help India ,even it's waste of money and image on international forums (this is otherwise going to start the war if it keep going same on loc)
2: thrre are still bit restrictions time to time (https://www.geo.tv/latest/779-intra-kashmir-trade-remains-suspended )
3+4

If Pakistan's price for peace with India is Kashmir, no one is about to pay it. Period. Unless that is understood, any & all homilies will amount to just that.

 

[Joe Shearer]

1: I said about free movement the minimum Indian government can do, everyday arrests and curfew isn't going to help India ,even it's waste of money and image on international forums (this is otherwise going to start the war if it keep going same on loc)
2: thrre are still bit restrictions time to time (https://www.geo.tv/latest/779-intra-kashmir-trade-remains-suspended )
3+4

These restrictions on free movement are less than 90 days old. I celebrated my birthday two years ago in the Botanical Gardens of Srinagar. The gang of hoodlums who hijacked me from my hotel, took me off there, produced a huge cake, stuck a dunce cap on my head and embarrassed me and scarred me for life permanently were Kashmiris in the 25 to 40 age group.

Again, trade is a reality; it being suspended is surprising enough to be news-worthy.

 

[X-2.]

If Pakistan's price for peace with India is Kashmir, no one is about to pay it. Period. Unless that is understood, any & all homilies will amount to just that.

Read again!I said basic freedom to Kashmiris

These restrictions on free movement are less than 90 days old. I celebrated my birthday two years ago in the Botanical Gardens of Srinagar. The gang of hoodlums who hijacked me from my hotel, took me off there, produced a huge cake, stuck a dunce cap on my head and embarrassed me and scarred me for life permanently were Kashmiris in the 25 to 40 age group.

Again, trade is a reality; it being suspended is surprising enough to be news-worthy.

Last year they were invited to meet Pakistani high commission but Indian authorities didn't let it happen
Such cases have long let even in good times too
India need to be show calm rather being spreading hate or aggression
Thrre core foreign Goal is to isolate Pakistan
Such moves will escalate this region into war...
I'm telling you because you should understand if u want to sir!

 

[Joe Shearer]

Read again!I said basic freedom to Kashmiris

Last year they were invited to meet Pakistani high commission but Indian authorities didn't let it happen
Such cases have long let even in good times too

Those were the Hurriyat leaders, those Islamists who flung acid on young women who wouldn't wear a full burkha, who banned women's bands, who shut down the literary festival in Srinagar. They are not Kashmiris; they are the cancer of Kashmir.

India need to be show calm rather being spreading hate or aggression

After 27 years of aggression by Pakistan, how much longer should India remain calm?

Thrre core foreign Goal is to isolate Pakistan

How and where was this done? Before the recent incidents? Why would India have invited Pakistan into SAARC if the intention was to isolate her?

Such moves will escalate this region into war...
I'm telling you because you should understand if u want to sir!

I quite understand, but what do you think the impact of training and sending across dozens of Punjabis to spread terror in Kashmir every month is likely to do to the region?