*LAHORE: Prime Minister’s Advisor on Commerce, Textile and Industry AbdulRazak Dawood has revealed PTI government official stance over trade withIndia under present circumstances.*
*He on Monday said there was no immediate prospect of trade with India asthe circumstances were not suitable until the election took place in theneighbouring country.*
Abdul Razak Dawood said this while talking to media in Lahore.
Talking about the offer of the free trade agreement (FTA) extended byRepublican Senator Lindsey Graham earlier this month, he said it would takeseveral years to implement the offer of FTA with the United States.
The advisor said devaluation of rupee would in a few months increaseexports and decrease imports.
“The government will cogitate over reservations of foreign investors onsecurity clearance. The industry has started running because of thegovernment’s policies,” he said.
He also said that the bilateral trade volume would rise after improvingrelations with Afghanistan.
To a query, Abdul Razak Dawood said immediate relief to the masses was notpossible.
Earlier this month a Republican Senator, considered close to US PresidentDonald Trump floated a proposal seeking a free trade agreement (FTA) withPakistan as an incentive for Islamabad to play a positive role in bringingAfghan Taliban to the negotiation table.