2010-06-08

Pakistan and India to benefit from trade ties

Pakistan and India work closely to strengthen economic and trade relations.

Pakistan and India to benefit from trade ties

 

The Pakistani president said that India and Pakistan need to work closely for strengthening economic and trade relations. Prime MinisterYousuf Raza Gilani said this while addressing the North Atlantic Council on June 4, 2010 in Brussels.

 

The two countries have an informal or indirect bi-lateral trade of USD 2 –3 billion per year. It is important that direct trade relations are given more importance. The bilateral trade between India and Pakistan would have been USD 900 million by March 2010 if there had been no suspension of trade between two countries.

 

The SME exporters on both sides are expected to benefit if trade ties between the two countries are resumed. The traded products between the two countries are agro- food products, chemicals and medicines, among others. A healthy development on the trade front will help small exporters to supply such products to the other country and thereby, increase their revenue.

 

India and Pakistan are neighbouring countries and the shipment cost is comparatively less than that involved in shipment to other export destinations. This is a great incentive for SMEs on both sides to step up trade ties.

 

Related opportunities
  • Diamond & Platinum Wears
    We at Xazina believe that the beauty of a diamond..
    Locations looking for expansion Delhi
    Establishment year 2020
    Franchising Launch Date 2022
    Investment size Rs. 50lakh - 1 Cr.
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Precious Jewellery
    Welcome to Vachya Jewels, a brand that specializes in crafting,..
    Locations looking for expansion Delhi
    Establishment year 2004
    Franchising Launch Date 2023
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Kiosks
    Nutritap is an Indian unmanned retail company with a global..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2023
    Investment size Rs. 5lakh - 10lakh
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
  • Others Clothing
    Triene is a vibrant and creatively home grown Indian brand..
    Locations looking for expansion Maharashtra
    Establishment year 2020
    Franchising Launch Date 2023
    Investment size Rs. 30lakh - 50lakh
    Space required 750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Goregaon west 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