Home / Knowledge / News / Textiles / APTMA urges Indian govt to remove NTBs to make MFN success
APTMA urges Indian govt to remove NTBs to make MFN success
04
Nov '11
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.

All Pakistan Textile Mills Association

Must ReadView All

Textiles | On 18th Jan 2017

China lays out plan to boost foreign investment

The Government of China has outlined measures to boost foreign...

Prime Minister Theresa May speaking on the UK government's negotiating objectives for exiting the EU. Courtesy: UK government

Textiles | On 18th Jan 2017

UK to pursue trade agreements with other countries

The United Kingdom will pursue free trade agreements with the EU and...

Courtesy: IMF

Textiles | On 18th Jan 2017

Risks to global growth outlook skewed to downside: IMF

Risks to the global growth outlook are two sided but are assessed to...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search