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The Prospects for Indo-Pakistan Trade

Author

Listed:
  • Hafiz A. Pasha

    (Dean, School of Liberal Arts and Social Sciences, Beaconhouse National University, Lahore, Pakistan.)

  • Muhammad Imran

    (Research Associate, Institute of Public Policy, Beaconhouse National University, Lahore, Pakistan.)

Abstract

This article analyzes the volume and pattern of India–Pakistan trade given the extent of trade complementarity between the two countries and, in the presence of a restricted positive list of imports from India, the tariff regime and nontariff barriers in the two countries. The study also assesses the impact on bilateral trade of granting most-favored nation status to India, the removal of some of the impediments to trade, and the implementation of the final phase of import tariff reduction under the South Asian Free Trade Agreement. Finally, the article highlights emerging opportunities and possible threats to the process of trade normalization between the two countries.

Suggested Citation

  • Hafiz A. Pasha & Muhammad Imran, 2012. "The Prospects for Indo-Pakistan Trade," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 17(Special E), pages 293-313, September.
  • Handle: RePEc:lje:journl:v:17:y:2012:i:sp:p:293-313
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    File URL: http://121.52.153.179/JOURNAL/LJE_Vol_17-SE_PDF/12%20Pasha%20and%20Imran%20ED%20AAC%2001102012.pdf
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    Citations

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    Cited by:

    1. Irfan ul Haque, 2015. "Theory at Odds with Best Practice: The Travails of Industrial Policy," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 20(Special E), pages 87-106, September.
    2. Jibran Hussain & Ahsan Ali & Muhammad Haseeb, 2017. "Regional Trade Between India and Pakistan: Prospect of Most Favourite Nation (MFN)," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 7(12), pages 1179-1196, December.
    3. Namra Awais, 2016. "Was the SAFTA (Phase II) Revision Successful? A Case Study of Bangladesh’s RMG Exports to India," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 21(1), pages 151-182, Jan-June.
    4. Jafarli, Said, 2017. "Moves Towards an Islamic Common Market: Evaluation of the Potentials," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 38(3), pages 169-198.
    5. Nasir Iqbal & Saima Nawaz, 2017. "Pakistan’s Bilateral Trade under MFN and SAFTA: Do Institutional and Non-Institutional Arrangements Matter?," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 56(1), pages 59-78.

    More about this item

    Keywords

    exports; tariffs; non-tariff barriers; Pakistan; India;
    All these keywords.

    JEL classification:

    • F19 - International Economics - - Trade - - - Other

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