Pak optimistic about boosting trade with India

   Apr 19, 10:51 am

Washington, Apr 19(ANI): Pakistan Finance Minister Abdul Hafeez Shaikh has expressed optimism regarding trade with India and added that he saw popular support for reviving ties with the neighbouring country and benefiting from its "dynamic" economy.

"There was a time when I used to evaluate Pakistan and I thought the best way for it to really develop is to relocate. I used to think that the best place for us to take Pakistan would be somewhere between Italy and Switzerland," The News quoted Shaikh, as saying.

"Now I've changed my mind because the parts that I thought we should be located in (Europe) aren't doing that great in terms of growth and where we are is the most dynamic part of the world," he added.

But Shaikh said that the new trade initiative enjoyed firm support of both business and political leaders.

"It reflects considerable thinking and it shows the economic merit that's there. So I personally feel quite optimistic that this is an area where the payoffs are there," he added.

The South Asian Association for Regional Cooperation has repeatedly vowed to boost economic ties, but such promises have made little headway due to constant friction between India and Pakistan. (ANI)

Companies fostering creativity grows more than less creative counterparts: Study Oct 20, 1:41 pm
Washington, Oct 20 (ANI): A new research from Forrester has revealed that companies that encourage creativity accomplish exceptional revenue growth than other peers.
Full Story
Govt.'s decision to deregulate prices of diesel draws mixed response Oct 18, 9:49 pm
Kolkata/ Bhopal, Oct.18 (ANI): The government's decision to deregulate the prices of diesel drew mixed response from people across the country on Saturday.
Full Story
Govt. to re-launch Direct Benefit Transfer scheme Oct 18, 9:40 pm
New Delhi, Oct.18 (ANI): The Central Government has also decided to re-launch the Direct Benefit Transfer scheme started by the UPA regime.
Full Story
Govt. deregulates prices of diesel Oct 18, 8:38 pm
New Delhi, Oct.18 (ANI): The prices of diesel in the country stands reduced effective from midnight following the decision taken by the Cabinet Committee on Economic Affairs (CCEA) on Saturday to deregulate the prices of diesel.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY