Pakistan faces a setback from Indonesia over the economic front
ISLAMABAD: *Pakistan faces a setback from Indonesia over the economic front.*
As Indonesia delays the issuance of import quota for Pakistan, exporters have expressed concern over the unequal trade relationship between the two countries.
Indonesia allocates import quota to various countries and Pakistan is no exception to this. Despite the fact that it imports palm oil worth $2 billion annually and exports goods worth just over $200 million, Pakistan receives no favour or concession from its trade partner.
In a letter written to the Ministry of Commerce, the All Pakistan Fruit and Vegetable Exporters, Importers and Merchant Association (PFVA) said that usually the Indonesian government issues import quota for Pakistani kinnows in the first week of January but despite a lapse of two weeks, they are yet to hear from the country. The letter stated that the least the Indonesian government can do is issue the import quota on the given date.
The association also requested the ministry to talk to the Indonesian government for abolishing the quota system because Pakistan can also do the same for palm oil.