decision to call off the limited trade deal with India was taken by Prime Imran
khan following stiff opposition to the move by some of his cabinet colleagues.
Media reports said Mr.Khan held consultations with Key members of his cabinet
on April third with regard to economic coordination committee's decision to
allow import of limited quantities of cotton cotton yarn and sugar from India.
He later decided that his country cannot go ahead with trade with India under
the current circumstances.
The PM instructed the ECCs decision be
deferred and immediately reviewed
decision was not on the formal agenda of the cabinet meeting, the issue was
brought up by cabinet members and the prime minister instructed that the ECCs
decision be deferred and immediately reviewed.
said that the prime minister instructed the Ministry of Commerce and his
economic team to immediately take steps to facilitate the relevant sectors,
value added, apparel and sugar, by finding alternative cheap sources of import
of the needed commodities.
to the sources, various proposals have been presented to the ECC which considers
these suggestions from economic and commercial point of view. After
consideration by the ECC, its decisions are presented to the cabinet for
ratification and final approval.
said that in the present case, a proposal was presented to the ECC to allow
import of cotton, cotton yarn and sugar from India keeping in view domestic
requirements. The ECC had decided on commercial grounds to recommend these
imports for the cabinet’s consideration.
has constantly stated that any forward movement requires India to create an
enabling environment by revisiting measures like scrapping of article 370 of
the constitution conferring special privileges for Jammu and Kashmir