Pakistan's textiles products and readymade garments have great export potential for the Indian markets as part of ambitious plan to increase overall exports to India to $1 billion within a year, Commerce Minister Engineer Khurram Dastagir Khan has said.
His comments came while chairing a meeting with Pakistani members of the Pak-India Business Council in Islamabad on Tuesday.
The minister said that due to land route, Pakistan is the most favorite and cost-effective market for India to import raw material for its agriculture and textile products.
But Khurram Dastagir stressed that trade concessions to India cannot be offered unilaterally, and India also needs to extend access to Pakistani products with preferential duty regime.
The delegation of the Pakistani members of the Pak-India Business Council was headed by Yawar Ali Shah, who briefed the minister on their recent visit to India and outcome of the meetings held with Indian business and trade stakeholders. (SH)
Fibre2Fashion News Desk – India