ISLAMABAD: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Standing Committee have proposed the Trade Development Authority of Pakistan (TDAP) should postponed the event of “Aalishan Pakistan Exhibition in New Delhi” which would be scheduled next month, as TDAP has already clarified that the dates of the fair has been adjusted in October 2016 due to number of factors including some religious events in India in its recent press statement.
Chairman Regional Standing Committee of FPCCI, Ahmad Jawad said in the current tension at LOC where our armed forces were on red alert and at the same time Prime Minister Nawaz Sharif strengthen the voice of Kashmir’s at UN against the brutality of Indian forces; in that scenario TDAP may avoid to conduct any exhibitions in India.
Talking to newsmen, he said immediately Trade Development Authority of Pakistan should withdraw its all event for India which is scheduled in 2016-17 calendar. He said trade between India and Pakistan already affected after the unsubstantiated allegation from India for its Uri attack; regardless India had already suspended its trade through Chakoti boarder of Kashmir few months back in pursuit of Burhan Wani incident.
Jawad lauded that the Prime Minister of Pakistan has comprehensively advocating Kashmir case at UN General Assembly and terming his speech a historic and presenting Kashmir cause in its true perspective at world form
We must understand Peace and normalization between Pakistan and India cannot be achieved without a resolution of the Kashmir dispute,” adding that peace talks are “no favor to Pakistan” and are “in the interest of both countries; he said.
“FPCCI Official also proposed that putting a temporary ban on trade with India in the current scenario would be a judicious decision as the balance of trade is heavily in India’s favour”. “Any ban on trade will adversely affect the Indian industry more than the Pakistan”
It may be noted here as per the Indian figures, India’s exports to Pakistan were valued at around $2.17 billion in 2015-16 while its imports from the Pakistan were a little less than $500 million. Similarly Pakistan was the largest buyer of Indian cotton in the 2015/16 season (October-September). It bought 2.5 millon bales (one bale is 170 kg); including Indian mills had exported sugar worth $46.46 million to Pakistan.