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APTMA urges Indian govt to remove NTBs to make MFN success
04 Nov '11
2 min read
While welcoming the MFN status to India in order to normalize trade between two countries, Chairman All Pakistan Textile Mills Association Mohsin Aziz has said that India should remove Non Tariff Barriers (NTBs) to make MFN status from Pakistan a success.
He said the federal cabinet, with Prime Minister Yousuf Raza Gilani in the chair, has taken a right step in the right direction by granting the MFN status to India. However, he termed it as a challenge for the Indian political leadership to remove NTBs against Pakistani products in India.
He said statistics show that trade between the two countries was $1.4 billion in 2009-10. Of these, Indian exports to Pakistan stood at $1.2 billion, while Pakistan exports to India were a mere $268 million – a clear cut proof that India had not opened up its market for Pakistani goods.
Chairman APTMA said he had also pointed it out during recent visit of Northern India Trade Mills Association (NITMA) delegation to APTMA.
According to him, despite the MFN status from India to Pakistan since 1996 still countless NTBs are in place against Pakistani goods in Indian market. On the contrary, there is hardly any NTB against the Indian goods in Pakistan despite non-granting of MFN status to India.
He lamented that the attitude of Indian bureaucracy has been a challenge for the Indian leadership. Granting of MFN status to India is a test for the Indian leadership as how early it gets rid of NTBs against Pakistani goods, he added.
Chairman APTMA said the Indian policymakers should also reciprocate to Pakistan in the same coin and open up its market for Pakistani goods to normalize bilateral trade and capitalize the potential to grow with joint business strategy, particularly in textile industry.
He said the federal cabinet, with Prime Minister Yousuf Raza Gilani in the chair, has taken a right step in the right direction by granting the MFN status to India. However, he termed it as a challenge for the Indian political leadership to remove NTBs against Pakistani products in India.
He said statistics show that trade between the two countries was $1.4 billion in 2009-10. Of these, Indian exports to Pakistan stood at $1.2 billion, while Pakistan exports to India were a mere $268 million – a clear cut proof that India had not opened up its market for Pakistani goods.
Chairman APTMA said he had also pointed it out during recent visit of Northern India Trade Mills Association (NITMA) delegation to APTMA.
According to him, despite the MFN status from India to Pakistan since 1996 still countless NTBs are in place against Pakistani goods in Indian market. On the contrary, there is hardly any NTB against the Indian goods in Pakistan despite non-granting of MFN status to India.
He lamented that the attitude of Indian bureaucracy has been a challenge for the Indian leadership. Granting of MFN status to India is a test for the Indian leadership as how early it gets rid of NTBs against Pakistani goods, he added.
Chairman APTMA said the Indian policymakers should also reciprocate to Pakistan in the same coin and open up its market for Pakistani goods to normalize bilateral trade and capitalize the potential to grow with joint business strategy, particularly in textile industry.
All Pakistan Textile Mills Association
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