Pak's richest man says 'silly' barriers must go
By Reshma Patil
The richest man in Pakistan wants to see energy pipelines across borders, buy software from India instead of paying '10 times more' to European firms and launch his IPL-like cricket team with Indian players.
The 1947-born Mian Muhammad Mansha, who in 2010 became Pakistan's first Forbes billionaire, told HT that for the first time there is political consensus in Islamabad and a 'shift in the defence establishment' to normalise trade ties with India.
"We have a special relationship with China. Why can't we have a special relationship with India," asked Mansha, who chairs Pakistan's largest business conglomerate, the Nishat Group.
"I've raised this matter with our government," Mansha said. "For the first time in Pakistan every political leader has given a pledge that we have to normalise trade and opening-up with India. There's a shift in our defense establishment that the time is right, and we should nurture our relationship. Our people realise that you need diplomacy on the economic front."
Asked how the separated neighbours can expand business under the shadow of terrorism, he suggested that trade would 'cushion' a 'soft landing' to hold the frayed bilateral relationship in case of a future 'incident'.
"Terrorism is partly linked to people who have no jobs in Pakistan," he said.
"Therefore madrasas are coming up. We need to create a better economic environment." "We should deal with future 'incidents' maturely," he said, citing the example of the British government in the aftermath of the London bombings compared to the Americans after 9/11.
Mansha is in New Delhi and plans to launch franchises to sell his textiles in every major city, buy technology from India, set up a cement processing plant and open branches of his MCB bank. "We hope that Indian banks come to Pakistan too."
He cited 'silly' business barriers. His Pakistani mobile phone worked in his last tour of 10 African nations but not in neighbouring India.
But in a symbolic first, the pilots of his Gulfstream jet received visas to stay instead of having to return to Lahore or simply stay on board.
Courtesy: Hindustan Times
'Sonia behind better trade ties'
Congress president Sonia Gandhi, who controversially skipped the recent lunch hosted for Pakistan President Asif Ali Zardari, is the one being credited for opening up cross-border trade ties. Pakistani tycoon Mian Muhammad Mansha said he gathered that it was Gandhi who urged Union minister Anand Sharma to visit Pakistan. "Gandhi is a great believer in normalisation of Indo-pak ties," he said.
Courtesy: HT
Monday, April 23, 2012

By Naila InayatIt was a cloudy morning at Wagah border last Saturday, Feb 23, 2013, as representatives of Kinnaird College for Women, Lahore, welcomed the .....more

By Shiralley ArzishDozing in the warm sunshine of the summer of 1947, in the gardens of Sacred Heart School in Lahore, two teenage college friends Razia an .....more

Resumption of economic relations should be allowed without any preconditions,
urged Dr Ishrat Husain, speaking in Delhi recently
The intransigency .....more

Sri Sri Ravi ShankarEvery day in the newspapers we find reports of bomb blasts and people being killed. We see so much intolerance - whether it is Norway, .....more

Faiz Amn Mela
The Faiz Amn Mela will take place on Feb 17, 2013, at the Open Air Theatre, Bagh-e-Jinnah
(Lawrence Gardens) Lahore, from 1-6 pm. .....more

Rekindling Aman ki Asha in Dallas, TX
Hey, I am Anis Rehman, visiting family in Dallas, TX, USA. If you live around the suburbs of Dallas, you will .....more
Page 8 of 175
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