Related Keywords: Pakistan textile, trade liberalization
Pakistan textile sees trade balance sharply moving in India’s favour as the Indian Central Government plus the state governments were offering subsidies and rebates to boost their exports of textile products. Moreover it is having the benefits of regulatory duties and other levies on imports from Pakistan. To maintain level playing field, a Non-Discriminatory Market access (NDMA) from India to Pakistan is more vital rather than Pakistan being the Most Favoured Nation status (MFN) to India