Declaration: Pakistan-India Business Meet
Aman ki Asha
Pakistan-India Business Meet,
May 18-19, 2010, New Delhi
Joint declaration
A landmark meeting of top Indian and Pakistani CEOs and entrepreneurs strongly endorsed the objectives of the Aman ki Asha initiative launched by the Times of India Group and the Jang Group. The largest and most high-powered meeting ever of the Indo-Pak business community resolved to take forward achievable objectives.
The Indian finance minister, Pranab Mukherjee, in his inaugural address also stressed the strong linkage and interdependence between peace and sustained economic growth and development of the two countries.
The corporate leadership of both countries urged the governments to take all steps necessary to realise the tremendous potential of trade and commerce between the two countries. The meeting noted with concern that South Asia is the world's least economically integrated region.
After a robust and interactive two-day discussion, industry leaders of both countries agreed that economic cooperation is crucial to peace and progress in a region that has the highest concentration of people living below the poverty line.
The business leaders resolved to aggressively pursue the benefits of economic cooperation generally and in particular recommended the following:
Six sectors were identified as having the highest potential.
Textiles: The largest employer in both countries - potential exists for the export of home textiles from Pakistan to India while a huge market exists in Pakistan for India's polyester textiles.
Information Technology (IT): the fastest growing sector in both countries and the easiest area to cooperate in, given its virtual nature. India can collaborate with Pakistan, which can provide skilled resources at competitive rates.
Agriculture: considerable potential exists for trade through streamlining logistics and storage facilities. India and Pakistan can also collaborate on research for improved yields in, and greater export for, both countries.
Healthcare: Poor health infrastructure is a common problem. Opportunity for collaboration exists in research and combating the three major diseases in both countries - heart, diabetes and cancer. This also offers a great opportunity for people-to-people contact.
Energy: India and Pakistan have huge untapped reserves of energy. Collaboration can lend impetus to accelerated growth and development in both countries, which have a huge appetite for energy.
Education: Given the low average age in both countries (18.2 years in Pakistan and 22.5 years in India), education and skill development is an area of immediate concern and potential. Cooperation and sharing of strategies in education is the best investment that both countries can make. Student exchanges could also offer great opportunities for bridging the divide.
Committees comprising business leaders from both countries were established for the IT and textile sectors. Similar committees for other sectors are in the process of being set up.
In addition to the promotion of bilateral trade, the business meet proposed that specific steps be taken to change public perception and remove the existing mistrust. Removing the restrictions on uplinking from India to Pakistan and opening up news channels in both countries would be a positive first step.
Visa: Easing visa restrictions and simply letting people meet is the single greatest step the governments can take, that will have the greatest impact in all areas of concern. Business visas particularly need to be facilitated.
Telephone connectivity: India and Pakistan are probably the only two neighbouring countries in the world that disallow cell-phone roaming facility. The business and media representatives resolved to lobby against this unnecessary and counterproductive restriction.
The meeting agreed to set up a permanent secretariat to follow up all on these recommendations. It was unanimously agreed that the next economic conference would be held in Pakistan on a date of mutual convenience.
Sunday, June 06, 2010
Pakistan-India Business Meet,
May 18-19, 2010, New Delhi
Joint declaration
A landmark meeting of top Indian and Pakistani CEOs and entrepreneurs strongly endorsed the objectives of the Aman ki Asha initiative launched by the Times of India Group and the Jang Group. The largest and most high-powered meeting ever of the Indo-Pak business community resolved to take forward achievable objectives.
The Indian finance minister, Pranab Mukherjee, in his inaugural address also stressed the strong linkage and interdependence between peace and sustained economic growth and development of the two countries.
The corporate leadership of both countries urged the governments to take all steps necessary to realise the tremendous potential of trade and commerce between the two countries. The meeting noted with concern that South Asia is the world's least economically integrated region.
After a robust and interactive two-day discussion, industry leaders of both countries agreed that economic cooperation is crucial to peace and progress in a region that has the highest concentration of people living below the poverty line.
The business leaders resolved to aggressively pursue the benefits of economic cooperation generally and in particular recommended the following:
Six sectors were identified as having the highest potential.
Textiles: The largest employer in both countries - potential exists for the export of home textiles from Pakistan to India while a huge market exists in Pakistan for India's polyester textiles.
Information Technology (IT): the fastest growing sector in both countries and the easiest area to cooperate in, given its virtual nature. India can collaborate with Pakistan, which can provide skilled resources at competitive rates.
Agriculture: considerable potential exists for trade through streamlining logistics and storage facilities. India and Pakistan can also collaborate on research for improved yields in, and greater export for, both countries.
Healthcare: Poor health infrastructure is a common problem. Opportunity for collaboration exists in research and combating the three major diseases in both countries - heart, diabetes and cancer. This also offers a great opportunity for people-to-people contact.
Energy: India and Pakistan have huge untapped reserves of energy. Collaboration can lend impetus to accelerated growth and development in both countries, which have a huge appetite for energy.
Education: Given the low average age in both countries (18.2 years in Pakistan and 22.5 years in India), education and skill development is an area of immediate concern and potential. Cooperation and sharing of strategies in education is the best investment that both countries can make. Student exchanges could also offer great opportunities for bridging the divide.
Committees comprising business leaders from both countries were established for the IT and textile sectors. Similar committees for other sectors are in the process of being set up.
In addition to the promotion of bilateral trade, the business meet proposed that specific steps be taken to change public perception and remove the existing mistrust. Removing the restrictions on uplinking from India to Pakistan and opening up news channels in both countries would be a positive first step.
Visa: Easing visa restrictions and simply letting people meet is the single greatest step the governments can take, that will have the greatest impact in all areas of concern. Business visas particularly need to be facilitated.
Telephone connectivity: India and Pakistan are probably the only two neighbouring countries in the world that disallow cell-phone roaming facility. The business and media representatives resolved to lobby against this unnecessary and counterproductive restriction.
The meeting agreed to set up a permanent secretariat to follow up all on these recommendations. It was unanimously agreed that the next economic conference would be held in Pakistan on a date of mutual convenience.
Sunday, June 06, 2010
Pakistan, India must set up counterterrorism centres
By our correspondent
KARACHI: The two-day strategic seminar organized under Aman Ki Asha concluded here on Wednesday with the conclusion that war is not an .....more
By our correspondentKARACHI: The two-day strategic seminar organized under Aman Ki Asha concluded here on Wednesday with the conclusion that war is not an .....more
Pakistan, India ought to follow Franco-German peace model
German envoy says there is no such thing as hereditary enmity; French envoy says EU has seen longest period of peace since fall of Roman Empire; Aman ki Asha seminar c
.....more
German envoy says there is no such thing as hereditary enmity; French envoy says EU has seen longest period of peace since fall of Roman Empire; Aman ki Asha seminar c
.....more
Indian delegates bring hope for peace
Rabia Ali and Saad Hasan
Karachi: A group of Indian notables arrived here on Monday to participate in a two-day strategic dialogue on Indo-Pak relations with o .....more
Rabia Ali and Saad Hasan Karachi: A group of Indian notables arrived here on Monday to participate in a two-day strategic dialogue on Indo-Pak relations with o .....more
Visa norms eased for Pak citizens
Monitoring Desk
RAWALPINDI: A year after India, in the light of 26/11, made it mandatory for every Pakistani visa application to be vetted by the Home M .....more
Monitoring Desk
RAWALPINDI: A year after India, in the light of 26/11, made it mandatory for every Pakistani visa application to be vetted by the Home M .....more
Jang Group, Times of India give peace a chance
By Amir Zia
KARACHI: A two-day strategic seminar, covering a wide-spectrum of Pakistan-India relations starts on Tuesday in the commercial hub of Karachi, i .....more
By Amir ZiaKARACHI: A two-day strategic seminar, covering a wide-spectrum of Pakistan-India relations starts on Tuesday in the commercial hub of Karachi, i .....more
'In the political tug of war it's the poor and helpless that hurt the most'
An Indian American doctor seeks her Sindhi roots and finds peace working for flood relief in Pakistan
When the New York-based Dr Geet Chainani decided to co .....more
An Indian American doctor seeks her Sindhi roots and finds peace working for flood relief in PakistanWhen the New York-based Dr Geet Chainani decided to co .....more
Page 110 of 174
Special Editions
more editions
The News on Sunday Special Report: India Pakistan prisoners
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
Blog
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.
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
Global Media
Comments