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| RUPEE NEWS | October 21st, 2008 | Moin Ansari | ???? ??????? | ????? ????? | Pakistan needs FTA & US trade not aid: Eliminate tarrifs on textiles etc. to win war on terror
http://rupeenews.com/2008/09/27/pakistan-needs-trade-not-aid-eliminate-tarrifs-on-textiles-etc/
And why is it that Pakistani exports to the US are so heavily penalised?As last month’s report by the US Pakistan Policy Working Group points out, “We raise the same tariff revenue from Pakistan’s $3.7bn in exports to the US as from France’s $37bn in textile exports to the US. The average US tariff rate on Chinese exports to the US is three per cent, compared to 10 per cent on Pakistani exports.”
Surely, seeking to slash this absurdly discriminatory level of protectionism would be less degrading than extending a begging bowl inscribed with the phenomenal figure of $100bn? The writer is a journalist based in Sydney. mahir.worldview@gmail.com
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