Twirp : Terrorist Wahabi Islamic Republic Pakistan 2

[Naresh]

<b>1. Pakistan opens doors for imports from India: trade policy 2008-09 announced</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD (July 19 2008) : Commerce Minister Ahmad Mukhtar on Friday announced Trade Policy 2008-09 with an export target of $22.10 billion envisaging an export growth rate of 15 percent - the same rate achieved in 2007-08. He did not mention any import targets for the current fiscal year but top officials in the ministry are speculating a figure of nearly $40 billion which means a trade deficit of around $17.9 billion.

-- Export target set at $22.1bn
-- Imports likely to hover around $40bn<!--QuoteEnd--><!--QuoteEEnd-->

<b>2. Mukhtar defends increased trade with New Delhi</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD (July 19 2008) : Commerce Minister Chaudhry Ahmed Mukhtar on Friday defended measures of allowing imports of diesel and fuel oil and other items from India saying that Pakistan should come out of 'India-phobia' as the neighbouring country is becoming a very good trading partner of the country.<!--QuoteEnd--><!--QuoteEEnd-->

<b>3. Positive list expanded: import of diesel, fuel oil allowed</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD (July 19 2008) : The commerce minister during his speech unveiling the trade policy for 2008-09 announced a unilateral expansion of the positive list of tradable items from India without any reciprocity from India on the cards. Also allowed are imports of diesel and fuel oil from India.<!--QuoteEnd--><!--QuoteEEnd-->

<b>4. Officials based at foreign missions involved in policy?</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD (July 19 2008) : The commerce ministry is said to have involved some officials from Pakistani embassies in various countries to prepare a trade policy which appears to be strongly tilted towards India's trade and industry, official sources told Business Recorder.<!--QuoteEnd--><!--QuoteEEnd-->

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