
#Exploring #trade #opportunities #Political #Economy
He on May 10, after a ceasefire between neighbors equipped with two nuclear weapons in South Asia, India and Pakistan, promoted a collective peace on May 10, which was broken by the United States. As President Donald J. Trump highlighted, the development was the result of intense diplomatic efforts initiated by his team after receiving a threat.
According to CNN, a basic group of top US officials, including Vice President JD Venus, Secretary of State Marco Rubio and White House Chief of Staff Susi Willies, “When he cited its sensitivity, he refused to explain the nature of the information,” he said.
According to the Washington Post, “For four nerves, missiles and drones were standing across the skies in the major cities of India and Pakistan, when neighbors equipped with nuclear weapons appeared to be moving towards all -out war.” The most recent increase in a long history of non -resolution conflicts and military publications, when India launched Brahmos missiles in Pakistan’s sovereign airspace, it intensified, which gave immediate and proportional reaction.
Pakistan’s retaliation laid firmly in Article 51 of the UN Charter, highlighting its ability to respond with international law and respond with strategic discipline. The dispute broke out after indiscriminately and indiscriminate Indian airstrikes from May 7 to May 10, after which it blamed Pakistan after a terrorist incident in Pahalgam on May 2. Pakistan has clearly denied joining it.
These strikes resulted in the deaths of tragic civilians, including women, children and the elderly as well as religious marks. Pakistan demanded a neutral international inquiry into the Pahalgam attack, a proposal refused, India refused, and further exposed diplomatic springs between the two countries. President Trump’s intervention played a vital role not only in ending the immediate conflict but also in the dialogue towards peace and trade.
President Trump’s offer to further trade, which is a historic economic opening, includes expanding market access to Pakistani goods, eliminating some tariff barriers and launching investment programs in high -tech sectors, agriculture and textile.
This opportunity reached a turning point for Pakistan, especially considering comparative figures that reflect the existing trade dynamics between the United States and South Asia. In 2024, US exports to Pakistan were imported $ 2,135 million and $ 5,124 million from Pakistan, resulting in a trade balance of 9,989 million in favor of Pakistan. Pakistan’s ranking in US exports was 65, which represents 0.1 % shares. Imports were ranked 57, which is 0.2 % of US imports.
The joint bilateral trade ranked Pakistan at 60. Exports to the United States supported nearly 12,000 jobs in 2022, which shows that trade relations, although modest, have already contributed to the two economies.
The trade structure between the two countries is highlighted that imports from the United States from Pakistan led to costumes (88,888 million), textile furnishings (3 1,374 million), miscellaneous commodities ($ 251 million), made by made costumes (9 249 million) and fabric ($ 189 million).
The United States has provided $ 774 million worth of agricultural products to Pakistan. Waste and scrap worth $ 454 million; Aerospace products and parts total million 99 million; MILLIONS AT 63 million Basic Chemicals; And coal and petroleum gases worth 56 million. The trade sample shows that Pakistan is a dynamic supplier of labor -filled goods, while the United States is a source of high -tech, industrial and agricultural materials.
Compared with India, however, paints an integration image. In 2024, US exports to India stood at $ 41,753 million as imports rose to $ 87,416 million, with a large trading deficit of $ 45,664 million. India ranks 13th in US exports and 10th in its imports, with exports 2.0 % and imports 2.7 %.
Bilateral trade relations gave India a total of 10th in bilateral US trade. US exports support India in 2022 with 114,000 US jobs. This difference not only reflects the size of the largest market in India, but also reflects a permanent favorable policy framework that has consistently benefited from US engagement.
Economic diversity should include bilateral and multilateral trade agreements that increase market access. China should engage not only as an economic partner but also as a defense partner, which reinforces regional security and economic integration.
The top items in Indian exports to the United States included pharmaceuticals and medicines ($ 13,071 million), miscellaneous commodities (, 12,292 million), communication equipment ($ 8,895 million), costumes (4,722 million) and textile furnishings (9 3,992 million).
The leading US exports to India were oil and gas (7,884 million). Miscellaneous developed commodities (35 3,355 million); Coal and petroleum gases ($ 3,160 million); Aerospace products and parts (0 3,010 million); And the basic chemical (US $ 2,336 million). The Scale of Trade has highlighted a deep -entering economic partnership that is now trying to mirror Pakistan through re -engagement and policy reforms.
According to the product of 2023 and 2024, data shows that Pakistan’s exports to the United States in key sectors are significantly lower than India. In medical equipment and goods, Pakistan’s exports increased from $ 129.0 million to $ 133.9 million, while India increased $ 195.8 million to $ 211.0 million.
Exports of rubber products from Pakistan to the United States increased to $ 36.0 million, which is sowed by India by $ 965.1 million. In the category of cutlery and hand tools, Pakistan recorded a.33.4 million. India’s $ 391.3 million.
Pakistan’s plastic products exports were $ 24.1 million compared to India’s $ 876.6 million. Similar disparities were seen in shoes (5 435.0 million compared to 15.5 million). Leather products (.5 23.5 million vs. 5 495.4 million); Fruit and tree nuts (8 1.8 million vs.0 57.0 million); And dairy products ($ 1.6 million vs.9 .9 43.9 million).
The agricultural sector has suffered especially due to access to contradictory trade and non -tariff barriers imposed by US officials. Like mangoes, Pakistani flour, rice and fresh production often face strict fetus and certification standards compared to other countries. These obstacles have restricted the development of Pakistan’s agricultural exports, yet the country has developed world -class varieties that can compete with both standards and prices. The Government of Pakistan must discuss equal behavior and establish harmony protocols that are associated with the best ways.
Pakistan’s manpower capacity has long been used in US labor and talent acquisition programs. Although India has benefited from a large -scale visa facility, hiring corporate services and educational exchange contributions, Pakistan’s skilled professionals have faced systemic neglect.
Tech and engineering graduates from Pakistan have repeatedly performed highly in global competitions, research partnerships and startup projects. The United States should re -frame its human capital policy to include Pakistan as a priority nation for skilled immigration, tech partnerships and research cooperation.
The wider engagement strategy for Pakistan should now include active trade diplomacy. In Islamabad, the leadership should take advantage of its geopolitical positioning and economic potential by promoting relations with the European Union, the Gulf countries, China and Russia.
Economic diversity should include bilateral and multilateral trade agreements that increase market access. China should engage not only as an economic partner but also as a defense partner, which reinforces regional security and economic integration.
The proposed US Pakistan Trade Agreement should be designed to add preferential access to US markets. Technical support in compliance with quality and standards; And direct investment in Pakistan’s logistics, IT parks and industrial zones. American tech jinn and high universities should be encouraged for the establishment of campus, innovation centers and R&D centers in Karachi, Lahore and Islamabad. Such measures can strengthen educational infrastructure, promote business and cultivate knowledge -based economy.
The path forward for Pakistan’s economic flexibility is in the ability to connect the IMF’s recommended reforms with domestic innovation and diplomatic access. The recent approval for the expansion fund facility and flexibility and stability facility by the IMF confirms global financial verification. Structural standards are essential for long -term stability, financial stability and energy sector reforms. The success of these programs requires continuity, transparency and political consensus.
For a prosperous Pakistan, the vision should stick to comprehensive development, regional integration and human development. The way to become a regional economic hub calls for infrastructure, trade facility and investment in digital change. The US -Pakistan trade partnership provides a new opportunity to transform historical neglect, unlock capabilities and provide concrete assistance to citizens of Pakistan. The government should take a decisive action to take over the moment and turn economic diplomacy into a national prosperity.
Dr. Ikram -ul -Haq, the author and the Supreme Court’s lawyer, is an affiliated teacher in the Lahore University of Management Sciences.
Abdul Rauf Shakuri is a corporate lawyer based in the United States