• About
  • Advertise
  • Careers
  • Contact
Monday, March 1, 2021
  • Login
WRITE FOR US
Economy.pk
  • World
    • Americas
    • Asia
    • Europe
    • Canada
    • Africa
    • Middle East
    • Oceania
  • Politics
    • International Politics
    • Pakistan Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Health
    • Environment
    • Fitness
  • Life & Style
    • Personalities
    • Entertainment
    • Art
    • Fashion
    • History
    • Culture
    • Food
  • Opinions
  • World
    • Americas
    • Asia
    • Europe
    • Canada
    • Africa
    • Middle East
    • Oceania
  • Politics
    • International Politics
    • Pakistan Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Health
    • Environment
    • Fitness
  • Life & Style
    • Personalities
    • Entertainment
    • Art
    • Fashion
    • History
    • Culture
    • Food
  • Opinions
Economy.pk

Pakistan Boosts Trade Faster than India & Bangladesh

bySyed Mahad
July 12, 2020
in Business
0
Pakistan Boosts Trade Faster than India & Bangladesh
8
SHARES
420
VIEWS
Share on FacebookShare on Twitter

Pakistan has boosted trade faster than India and Bangladesh since 2000. The average MFN – Most Favored Nation rate as a term of this trade liberalization.

Year 2000 kept as a point of reference the average MFN rates of Pakistan were a lot more than they were in 2018. 25.16, 35.56 and 21.64 in 2000 respectively have observed a fall to 12.1, 17.1 and 14 Respectively. Consequently, this study implies that Pakistan have liberalized the Trade faster than India and Bangladesh in the last two decades.

In 2000 – China, Sri Lanka, Indonesia and Malaysia were hovering higher in the MFN rates than Pakistan. However, in 2018 we have observed that their rates have had a steep decline till 9.8, 9.3, 8.1 and 5.6 respectively. The rates of Pakistan, India and Bangladesh are way higher than these countries. A Study shown by PIDE – Pakistan Institute of Development Economics.

Trade

Moreover, the terms to compare in the Average MFN rates according to the products in the regional area, Pakistan is better than India and Bangladesh. However, the textile sector relishes increased protection in India and Bangladesh.

MFN Rate for machinery is comparatively lower in Pakistan than in India and Bangladesh. This is an essential part of the growth for the Industrial Sector of the country. Furthermore, Pakistan has provided several schemes for the export promotion. The tariff and the exemption of duty and taxes are fairly lower than the other two competitors of the region. Despite, the Average MFN rates being lower, slow industrial growth is observed.

Tags: BangladeshIndiaMFNPakistanTradeTrade Exposures
Syed Mahad

Syed Mahad

Next Post
Pakistan plans to take steps to boost economy

Pakistan plans to take steps to boost economy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recommended

Zaitoon New Lahore City is Offering a 100% cash Back Offer

Zaitoon New Lahore City is Offering a 100% cash Back Offer

Trade Deficit

The Maneuvering of Trade Deficit is thorny

Cash Flow of the Capital

Relieving the Liquidity of the Metropolis

Stock Market, Shares

Stock Market takes a Plunge; confined within the grey list

Profit Outflows exceeded 1bn - State Bank of Pakistan

Profit Outflows exceeded 1bn – State Bank of Pakistan

ShopIDS

ShopIDS – The Emerging Footwear Brand

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Twitter

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Careers
  • Contact

© 2020 Economy.pk - Powered by Digital Otters.

  • Finance
  • Politics
  • Business
    • Technology
    • Real Estate
    • Entrepreneurship
  • Life & Style
    • Personalities
  • Sponsored

© 2020 Economy.pk - Powered by Digital Otters.

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In