Pakistan to import sugar, cotton from India
ISLAMABAD/ NEW DELHI: Pakistan’s newly-appointed finance minister Hammad Azhar on Wednesday announced that the go nment has decided to allow import of sugar, cotton and yarn from India.
The resumption of import of these items will lead to the country’s partial revival of trade relations with India. In August 2019, Pakistan had downgraded trade relations with India in reaction to New Delhi’s decision to revoke Article 370 of its Constitution, which granted Jammu and Kashmir special status.
There was no response from India to the development until late in the evening. Pakistan’s decision to import from India follows the February ceasefire agreement that had sparked speculation about possible efforts by both countries towards normalising ties. However, even as the Indian and Pakistani foreign ministers participated in a multilateral conference in Tajikistan on Tuesday, there was no meeting between the two.
To ensure there was no shortage of essential drugs amid the Covid-19 pandemic, Pakistan had lifted the ban on import of medicines and raw material from India in May 2020. This was the first step of reversing the complete suspension of trade with India.
Prime Minister Imran Khan, who is also minister-in-charge of commerce and textiles, had approved the summaries of importing goods from India before placing it for approval of the Economic Coordination Committee (ECC) of the cabinet.
Addressing a press conference in Islbad after chairing a meeting of the ECC, the finance minister said the go nment had allowed the private sector to import 0.5 million tonnes of sugar from India.
These Beggar Idiots are now facing the inevitable!!
no relationship with Pakistan please... it's an under developed country with beggars and te rorts
Indian traders should get 100% payment before they ship their goods. China might force Pakistan to stop it anytime..
Why us? Iron Brother not hel out?
As if beggars have a choice!!!
Do they have money
India should refuse to export these items to Pakistan. Why should be help them save money which will be diverted to te rorm towards India.
Need More Land
Refuse to export. Keep prices of basic commodities high in pak.
Don't sell cotton and sugar to te rorts, they can make nitrocellulose out of cotton and use as IEDs, wake up Modi.
Pakistan is on the verge of cil war because common man can afford even routine food as every thing is toooo expensive, all prices are reaching sky high ..due to their ministers co ptions.
Just NO to both,
take payment in advance
I think its a good news for farmers as well as traders! Both countries have several reasons to prome healthy trade.
Got to ask for payment first or bank guarantees before ship anything.
Don't give them anything. Let them import it from China or any of their friends.
I will be a blunder for our Gt. if India accept Pakistan offer.
has our nation agreed to export ?
We should import their women so, we can also have some pawry.
Where’s the money?