India plans to give priority to importing textiles from Pakistan

According to India’s “Economic Times” quoted sources as saying on the 21st, the Indian government intends to announce the priority of importing Pakistan’s various commodities, including textiles, in order to promote bilateral cross-border trade. Here, ** believes that the Indian side hopes that through this move, it urges the Palestinian side to grant it the "most favored nation treatment" as soon as possible.

According to the report, India is expected to implement preferential taxation and even zero-tariff policies on textiles and other goods imported from Pakistan in order to strengthen trade between the two countries. Sources pointed out that this move is similar to the preferential trade policy offered by India to Bangladesh, another important neighbor.

It is reported that the above plan is yet to be further implemented at the secretary-level talks between India and Pakistan held in mid-November. The Ministers of Commerce of the two countries plan to hold a new round of talks in February next year.