2014-06-30

India, Pakistan commerce ministers to meet next month

\\r\\nMinister for commerce and industry Nirmala Sitharaman will meet her Pakistani counterpart Khurram Dastgir Khan for the first time next month to discuss a fresh roadmap for removing bottlenecks in the liberalization of bilateral trade.\\r\\n

India, Pakistan commerce ministers to meet next month

Minister for commerce and industry Nirmala Sitharaman will meet her Pakistani counterpart Khurram Dastgir Khan for the first time next month to discuss a fresh roadmap for removing bottlenecks in the liberalization of bilateral trade.

 

 The meeting will take place on the sidelines of the SAFTA (South Asian Free Trade Area) ministerial council in Bhutan on 24 July.

 

 “I will meet the Indian state minister for commerce for resumption of bilateral trade talks,” Khan was quoted as saying.

 

 It will be first high level trade interaction since the Bharatiya Janata Party (BJP) came to power in India.

 

The two ministers will also discuss the agreements signed in 2012 to remove bottlenecks in trade facilitation. Pakistan has already modified the politically sensitive issue of granting Most-Favoured Nation status to India by changing it to Non-Discriminatory Access (NDA). In 2012, Pakistan expanded the list of items tradable with India from 1,918 items to 5,800. Only 1,209 items now remain on the negative list. Pakistan has 936 items on the sensitive list and India 614. It will be the second meeting of Pakistan’s commerce minister with the Indian side after his visit in January during the tenure of the previous United Progressive Alliance government.

Related opportunities
  • Beauty & Wellness Training Institute
    ISAS was launched with a mission to elevate the culture..
    Locations looking for expansion Maharashtra
    Establishment year 2021
    Franchising Launch Date 2023
    Investment size Rs. 30lakh - 50lakh
    Space required 1400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Haveli Maharashtra
  • Bakery & Confectionary
    Caramellas is a leading brand in cakes and confectionaries which..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 5lakh - 10lakh
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater PUNE Maharashtra
  • Others Clothing
    Toonyport stands at the forefront of children's fashion, specializing in..
    Locations looking for expansion West bengal
    Establishment year 2022
    Franchising Launch Date 2024
    Investment size Rs. 20lakh - 30lakh
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
  • Precious Jewellery
    Online and Offline Jewellery Store Palmonas has been in business since..
    Locations looking for expansion Maharashtra
    Establishment year 2022
    Franchising Launch Date 2023
    Investment size Rs. 30lakh - 50lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Haveli Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads