Close X
Thursday, January 9, 2025
ADVT 
International

Pakistan to continue trade with India

Darpan News Desk IANS, 25 Oct, 2014 07:27 AM
    Pakistan Commerce Minister Khurram Dastagir Khan has said the country would continue to trade with India despite border tensions.
     
    The minister said Friday that the Pakistan Muslim League-Nawaz (PML-N) government is committed to increasing regional trade as part of promoting peace without compromising on national sovereignty, Dawn online reported.
     
    "The vision of our government is that we must trade with our neighbours," he added.
     
    Speaking at a consultative meeting, 'Trade with Neighbours: Prospects and Challenges', organised by the Sustainable Development Policy Institute, the minister said that the country's current tension with India is casting a shadow on economic ties.
     
    He said that Pakistan would have to trade in electricity from India to overcome the energy crisis. The minister admitted that extraordinary concessions were given to neighbours for trade facilitation.
     
    "We have been trying to finalise our projects with Iran as well," said the minister
     
    Pakistan is also purchasing electricity from Iran.
     
    State Minister for Privatisation, Mohammad Zubair, supported the notion of opening the border for trade with India.
     
    "Pakistan should trade with India for better standard of living of its own people," he said.
     
    "If we want to develop, we should contribute. It is not about India's domination over us, we absolutely want good relations with India," the minister said.
     
    The privatisation minister said that it was time to start with a bold decision.

    MORE International ARTICLES

    US sets aside $20 mn for strategic tech projects with India

    US sets aside $20 mn for strategic tech projects with India
    With the India-US Defence Trade and Technology Initiative regaining momentum after the Indian elections, the US has set aside $20 million for strategic....

    US sets aside $20 mn for strategic tech projects with India

    Explosion Prompts Evacuation At Saskatchewan Gas Pumping Facility

    Explosion Prompts Evacuation At Saskatchewan Gas Pumping Facility
    PRUDHOMME, Sask. - An explosion and fire at a gas pumping station in Saskatchewan on Saturday prompted an evacuation. RCMP said the blast occurred at a TransGas facility near this small community, northeast of Saskatoon.

    Explosion Prompts Evacuation At Saskatchewan Gas Pumping Facility

    Crude Oil Prices Stabilise After Sharp Decline

    Crude Oil Prices Stabilise After Sharp Decline
    The crude oil market suffered another big weekly loss amid concerns over surplus supplies. This week, the prices of US crude and Brent crude dropped 4.4 percent and 2.3 percent respectively.

    Crude Oil Prices Stabilise After Sharp Decline

    US sets aside $20 mn for strategic tech projects with India

    US sets aside $20 mn for strategic tech projects with India
    With the India-US Defence Trade and Technology Initiative regaining momentum after the Indian elections, the US has set aside $20 million for strategic cooperative science and technology projects with India, according to a top US official.

    US sets aside $20 mn for strategic tech projects with India

    Canada gears up to join the fight against Islamic State militants in Iraq

    Canada gears up to join the fight against Islamic State militants in Iraq
    OTTAWA - Defence Minister Rob Nicholson says an advance military team will leave Trenton, Ont., for Kuwait next week as Canada gears up to join the fight against Islamic State militants in Iraq.

    Canada gears up to join the fight against Islamic State militants in Iraq

    The world is watching Canada and EU iron out trade-deal kinks: WTO head

    The world is watching Canada and EU iron out trade-deal kinks: WTO head
    TORONTO - The director of the influential World Trade Organization says nations around the planet are keeping a close eye on how Canada and the European Union overcome the stumbling blocks of their ambitious trade agreement.

    The world is watching Canada and EU iron out trade-deal kinks: WTO head