In order to boost bilateral trade between the two neighbouring countries, the All Pakistan Textile Mills Association (APTMA) Chairman Yasin Siddique has urged the Indian authorities to remove non-tariff barriers (NTBs). According to Yasin, Pakistan is in favour of promotion of trade with regional countries, especially the neighbouring nations.
Pakistan has always supported granting of MFN status to India, however, the existing non-tariff barriers were hindering smooth flow of trade between the two countries. Yasin therefore urged India to remove NTBs to make MFN status a success.
As per statistics, trade between the two countries was US $ 1.4 billion in 2009-10. Of this, Indian exports to Pakistan fell to US $ 1.2 billion, while Pakistan’s exports to India were a meagre US $ 268 million. These trade figures clearly reflect that India had not opened its market for Pakistani goods and trade balance was still in favour of India.






