Pakistan faces huge deficit in trade with India: Khurram Dastgir

 72 FIRs registered against TADA officials for corruption

ISLAMABAD: The Senate was informed Friday that there has been huge deficit to Pakistan in trade with India.

Minister for Commerce Khurram Dastgir Khan told the House during question hour that during 2014 imports from India were to the tune of two billion dollars as against exports of only 400 million dollars.

He said Pakistan has great potential of exports in agriculture and food sectors but there is a need to meet the international standard of processing.

Minister of Commerce Khurram Dastgir Khan told the House during question hour that the government is working for the fresh legislation on the National Tariff Commission.

He said presently Pakistan is in trade deficit with 97 countries while trade surplus with 98 countries.

The Minister said Pakistan has signed four Free Trade Agreements during the last ten years. He said the agreements were signed with China, Malaysia and Sri Lanka besides South Asian Free Trade Agreement.

To a question, Minister of State for Parliamentary Affairs Shaikh Aftab Ahmad told the House that Capital Development Authority has paid 32 billion rupees to Rawalpindi Development Authority for Metro Bus Service from Rawalpindi to Islamabad. He said that the project meant for the welfare of the common man that will make travel easy for them between the twin cities.

Replying to a question regarding YouTube blockade in Pakistan, Minister of State for Information Technology and Telecommunication Anusha Rahman Khan informed the House that no technical solution is available which could block hundred percent objectionable materials on the YouTube. She said work is underway to get localized version of google for Pakistan that will help block required contents.

To a supplementary by Begum Najma Hameed, the commerce Minister said that FIRs have been registered against 72 corrupt officials of Trade and Development Authority. He said challans have been submitted by the FIA before the court. He said twenty cases are under trial, three chief executives are on bail,  and one Executive Officer and two former DGs are under judicial custody.


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