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