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Apr 5
India and Pakistan having Commodities Barter Deal?

Over the last 59 years, India and Pakistan have exchanged gun shots, accusations, hate speech and God knows what not. At last, the politicians have realized the fact that they can exchange products and services. So, now the two countries are seriously contemplating the idea of having commodities barter deal. This information has come from Indian Commerce & Industry Minister Kamal Nath and instantly it has received good media coverage.

 Pakistan needs sugar something which India has while India needs wheat something which Pakistan can supply. Thus, it is completely a win-win situation for the two countries. There are some other products too. Geographical proximity should be the key economic factor that the two countries should take advantage of. Pakistan is facing a shortage in sugar production and if they can get the sugar from India in exchange of wheat then it will really benefit the country. On the other hand, India is all the time in search of wheat for feeding its huge population of over 1 billion.

 I really wish that and can materialize the idea of commodities barter. This will bring benefit for both of them.    

 

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