A Request !

Hi to all my friends. I do see a lot of you reading my blog.

I would elated if you could leave a comment as well, as this will allow me and us all, to see the topic in a different perspective.

Thank you
- Inder

Maoist problem.....a great article.

Pakistan is way smarter than us diplomatically as well in Foreign Trade !

Hearing a lot of tough talk these days against Pakistan, I decided to check how much we meant what we say. I wanted to inquire the trade relations between an emerging power like us and a country in economic shambles. This is one place where we can dictate terms, since they would need us more than we need their trade avenues. But guess what ? Here too they beat us ! And more importantly THEY keep us begging for a Most Favoured Nation status, which we have accorded them already ! Ha....
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Department of Commerce
System on Foreign Trade Performance Analysis (FTPA)
Export by Region x Countries
Dated: 15/1/2013
Values in Rs. Crores
Region/Countries	Apr-Nov  2011	Apr-Nov  2012(P)	%Growth	%Share
4) PAKISTAN IR	4,528.54	5,793.84	27.94	0.57	EXPORT
2) PAKISTAN IR	1,183.25	2,065.78	74.58	0.12	IMPORT

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All figures taken from http://commerce.nic.in/ftpa/default.asp

From the figures, it clearly emerges that Pakistan, once again trumps us in Trade as well ! While we have been keeping up the peace and business efforts and being rebuked on the MFN Status, Pakistan has grown their Exports to us by 75%, while we have managed to grow our Exports to Pakistan by merely 28% !! So much for our brains in the Finance Ministry ! Such a trade imbalance in the favour of greatest adversary....what more can I say !

All this bluster starts sounding so hollow.......