Saaed says will never allow Pak to become market for Indian goods

   Apr 7, 4:15 pm

Lahore, Apr 7(ANI): Jamaat-ud-Dawa chief Hafiz Muhammad Saeed has said an attempt was being made to make Pakistan a market for Indian goods at the cost of his country's industry and agriculture that will ultimately weaken its defence vis-a-vis India.

"If we are in a state of war, it is not fought with weapons alone. Trade and economy is also used as a weapon to defeat the enemy country", The Nation quoted him, as saying.

He also opposed giving transit facility to India to trade with Afghanistan, saying Pakistan was not formed to facilitate Indian trade with other countries.

He claimed that Pakistan would lose its case in the International Court of Arbitration regarding illegal construction of dams on rivers originating in Kashmir after purchasing electricity from India.

"It is irony of fate that India was trying to sell cheap electricity to Pakistan which has been generated by stopping Pakistan's waters," he added.

He claimed the US had wanted to get access to the Guadar Port and was thereby inciting a handful of miscreants to separate Balochistan from Pakistan.

He said tabling of a resolution that seeks a separate status for Balochistan in the US Congress was an ample proof of its involvement in the province.

He denied claims of a separatist movement in Balochistan and slammed such speculations as mere propaganda by the US and India.

"I have visited the province many a time and have also talked to Baloch political organisations and the general public. They want to live within the constitutional framework of Pakistan," he added.

Hafiz said he was not a part of any armed movement, but warned that he would adopt any means to defend its country if it came under threat. (ANI)

India can save USD 50 bn if logistics costs are brought down to 9 pct of GDP: Study Apr 30, 5:13 pm
New Delhi, Apr 30 (ANI): India can save up to USD 50 billion if logistics costs are brought down from 14 percent to nine per cent of country's gross domestic product (GDP) thereby making domestic goods more competitive in global markets, an ASSOCHAM-Resurgent India joint study said today.
Full Story
Moving from BS-IV to BS-VI norms beneficial for manufacturers, says Audi India Head Apr 30, 5:13 pm
New Delhi, Apr.30 (ANI): Audi India head Joe King on Saturday said that he feels the move from BS-IV norms to BS-VI norms directly would be a good move and beneficial for manufacturers, as it reduces complexity and costs substantially.
Full Story
Vodafone appoints six investment banks for $3bn India IPO Apr 30, 2:02 pm
New Delhi, Apr. 30 (ANI): Telecom major Vodafone is getting closer to its initial public offering (IPO) plan in India and the company has already selected investment bankers for the issue.
Full Story
Jabong announces partnership with ASICS Tiger for sportswear portfolio Apr 30, 1:50 pm
New Delhi, Apr 30 (ANI): After establishing itself as India's leading fashion destination online, Jabong has now announced its partnership with the leading iconic sports and lifestyle brand ASICS Tiger.
Full Story
Comments