As part of the SAARC and its commitment to improving Pakistan’s economic trajectory, the @GovtofPakistan considering opening trade with India is a positive initiative. However, it's also essential to observe whether India is willing to reciprocate by opening its market as well.
Engaging in trade with India, or the region at large, would enhance competitiveness in the domestic market and prevent Pakistan from becoming isolated. Exporting to India makes business sense, provided that trade activities are on fair and equitable international standards. The Chamber has consistently supported the government of Pakistan and its position on international matters.
@MIshaqDar50@Financegovpk
#OICCI #PakistanEconomy #IndoPak
good to have clarity now that GOP has decided to go to IMF. Need to stick to the policy discipline which comes with the IMF package to put the economy on sound growth basis. Foreign investors like clarity, transparency, consistency and transparency in policies @oicci_pakistan
Besides lower FDI, recent trend in FDI reflects significant contribution of CPEC related investment from China, which is a recent phenomena only. New major green field investment is needed to create jobs and expand the economy. @oicci_pakistan
FDI in Pakistan for the past five years has been less than one percent of GDP against the norm of at least 3 % for developing economies like Pakistan. Point to ponder. @oicci_pakistan