Close X
Sunday, January 12, 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

    Shiite alliance dumps al-Maliki as prime minister, chooses different candidate

    Shiite alliance dumps al-Maliki as prime minister, chooses different candidate
    The head of Iraq's National Shiite Alliance says it has chosen an alternate nominee for prime minister instead of incumbent Nouri al-Maliki...

    Shiite alliance dumps al-Maliki as prime minister, chooses different candidate

    2 slain, 5 hurt in New Orleans neighbourhood shooting, part of violent weekend for city

    2 slain, 5 hurt in New Orleans neighbourhood shooting, part of violent weekend for city
    A shooting Sunday in a New Orleans neighbourhood that has struggled with crime since being ravaged by Hurricane Katrina left two people killed...

    2 slain, 5 hurt in New Orleans neighbourhood shooting, part of violent weekend for city

    Letter found in Bin Laden's hideout warns of IS brutality

    Letter found in Bin Laden's hideout warns of IS brutality
    A letter found at slain Al Qaeda chief Osama Bin Laden's hideout in Pakistan warned of the rise of a new Islamic extremist group capable of extreme brutality...

    Letter found in Bin Laden's hideout warns of IS brutality

    PM Erdogan wins Turkey's 1st direct presidential election, strikes conciliatory tone

    PM Erdogan wins Turkey's 1st direct presidential election, strikes conciliatory tone
    Prime Minister Recep Tayyip Erdogan won Turkey's first direct presidential election Sunday, striking a conciliatory tone toward critics who fear he is bent...

    PM Erdogan wins Turkey's 1st direct presidential election, strikes conciliatory tone

    Gaza calm as new 72-hour ceasefire holds

    Gaza calm as new 72-hour ceasefire holds
    Calm prevailed over Gaza at the start of a 72-hour ceasefire which came into effect at midnight between Israel and Palestinian militias, as diplomatic...

    Gaza calm as new 72-hour ceasefire holds

    Angry crowd chants 'kill the police' after officer fatally shoots teen in Missouri

    Angry crowd chants 'kill the police' after officer fatally shoots teen in Missouri
    The shooting of the black teenager sent hundreds of angry residents out of their apartments in a predominantly black Missouri city in a confrontation with police...

    Angry crowd chants 'kill the police' after officer fatally shoots teen in Missouri