ISLAMABAD: The Pakistan Economy Watch (PEW) Chairman Brig. Muhammad Aslam Khan (Retd) on Thursday lauded the efforts of the government to improve regional cooperation terming it key to the prosperity.
Pakistan’s most important relations should be with its neighbouring countries like Afghanistan, India, Iran, and China instead of the western countries, he said.=
Pakistan is giving too much importance to some western countries which they do not deserve as we are not as much dependent on them as believed, he added.
Brig. Muhammad Aslam Khan (Retd) said that intra-regional trade is extremely important for boosting economic growth and prosperity in the region will remain a far cry unless Pakistan and India become closer.
A World Bank report estimates that trade between Pakistan and India is a mere $2 billion whereas, without trade barriers, this could reach $37 billion as both the countries continue to maintain long, sensitive lists of items on which no tariff concessions are granted he said.
Trending
- Peaceful protests hold across AJK against worst rigging in by-elections
- Parliamentary party under the chairmanship of PM AJK holds a meeting
- All political parties and the opposition condemn fake and bogus cases against journalists in AJK
- Inflation in Pakistan
- “The world – A war zone”
- Political Meltdown in Pakistan And Way Forward
- ‘‘Hate speech’’ Modi might be disqualified
- Amanullah Khan: Remembering the Gilgit Rebel