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Trade Potential between India and Pakistan |
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27-2-2013 | |||
A study titled “Enhancing India - Pakistan Trade” has recently been undertaken by ICRIER which assesses trade possibilities between the two countries. The study examines the physical and regulatory impediments to realizing the trade potential between the two countries and suggests ways for achieving it. It has been pointed out in the study that a substantial proportion of India’s export potential i.e. 58% is in products that are on Pakistan’s Negative List of 1209 tariff lines or on Pakistan’s Sensitive List of 936 tariff lines applicable to India under SAFTA Agreement. The study suggests that there are trade opportunities in the service sectors also such an information technology and Business Process Outsourcing (BPO), health care, entertainment which both countries can tap through trade liberalization process, by setting up of joint ventures/production units. This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Rajya Sabha today. DS/RK (Release ID :92636) |
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