" A more economically integrated and rapidly developing region could generate a peace dividend. Extended trade relationships would reduce potential for conflict by creating strong constituencies for peace, " said Mukherjee, addressing an Indo - Pak business meet here.
The meet was organised jointly by the Confederation of Indian Industry, the Pakistan-India CEOs Business Forum and two media groups of south Asia, Times of India and Jang of Pakistan.
A Pakistani business delegation, including leaders from various sectors such as textiles, agriculture and IT are participating in the meet.
Bilateral trade between India and Pakistan is too small compared to the overall trade basket of the two countries. Most of the trade also takes place through the third- country route.
"Due to geographical proximities, there is a tremendous scope of cheaper transportation costs. The shorter distance will render it unnecessary for the industry to carry higher level of inventories of raw materials and parts, thereby reducing costs of operations," said Mukherjee, stressing the need for free movement of goods between the two countries.
Trade between the two countries grew from $251 million in 2000-01 to $2.3 billion in 2007-08, but dropped 19 percent to $1.81 billion in 2008-09.
Tuesday, May 18, 2010
An online video about Sikhs looking after a mosque built by his ancestors inspires
the writer to re-connect with his past across the border
By Syed Saadat Hu
An innovative idea connects Indians and Pakistanis with 'the other side'
"It saddens me that we have neighbours that we can't even go visit." "The .....more
Congratulating Nawaz Sharif on the electoral win of his political party, Aman ki Asha's plea to both governments continues to be: "Stay the course". Let the people re .....more
JATTI UMRA: As Nawaz Sharif's Pakistan Muslim League - Nawaz (PML-N) emerged as the largest
party in the recently held elections in Pak .....more
Imagine the heavenly smell of stable peace
"Pakistan and India must focus on culture exchange initiatives, especially for the youth, who play an instrumen .....more
A peace museum celebrating divided Punjab's shared architectural, cultural and culinary heritage is coming up at Attari near the India-Pakis .....more
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The News on Sunday Special Report: India Pakistan prisoners more editions
We probably didn't need to do this Special Report. Newspaper stories don't matter when it comes to Indians in Pakistani jails and vice versa. In fact, 'vice versa' sums it up. We do to them what they do to us.
Except when the two countries decide to begin talking, yet again! This time a little before the foreign secretary level talks, some Pakistani prisoners were released by India (and vice versa must have happened) and some more were release....read more
For the past 2 years the Jang Group and Geo have been working on a project of great national interest; one that we hope will help usher in an era of peace and prosperity in the country and indeed, in the region. And one that hopefully all Pakistanis can be proud of. more
The Jang Group has entered into an agreement with the Times of India Group, the largest media group of India, to campaign for peace betw