Exports to India may reach $1bn

Source:  Dawn.com Published in Business & Economy on Wednesday, May 11, 2016

ISLAMABAD: Minister Khurram Dastgir Khan said on Tuesday that Pakistan’s exports to India will reach $1 billion mark within a year.

“There is a lot of potential for Pakistani textile products in India,” the minister said while meeting a delegation of Pak-India Business Council (PIBC) led by Yawar Ali Shah, a press release said.

Mr Dastgir opined that the Pakistan is the cost-effective market for India to import raw material for its agriculture and textile.

“Trade concessions to India cannot be offered unilaterally. India also needs to extend access to Pakistani products,” the minister added.

The delegates informed the minister that Indian food manufactures were looking for Pakistani agriculture products including mangoes, kinno and green peas.

The delegation was informed that the commerce ministry had restructured National Tariff Commission (NTC) in line with the legal framework guided by the Supreme Court of Pakistan.

KP TO GET EXPO CENTRE: A delegation of Pakistan Commercial Exporters Association called on Mr Dastgir to discuss gems and jewellery exports.

Assuring full support to the group, the minister said the government will solicit resources until the export fraternity comes forward and mobilises its resources.