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HomeFeatured StoriesTime to resume India trade, doors will open: Pak’s top industrialist

Time to resume India trade, doors will open: Pak’s top industrialist


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Pakistan’s top industrialist Mian Mohammed Mansha believes it is time his country and India resume trade, and improve relations for their betterment.

Mansha, who heads the Nishat conglomerate, Pakistan’s No. 1 business group, told The Indian Express from Dubai where he is at the moment, that there are “many synergies” between the two countries that can come into play once trade begins.

“I feel very passionately that we need to get our things sorted out with India. Now whatever the issues that are impeding, let them be there. But once they come to one another’s country, through trade, tourism – religious tourism or normal tourism — I think the doors will start opening,” 75-year-old Mansha said.

He said the Kashmir issue had to be resolved with “small steps” to “bring temperatures down”. He also spoke on opening up Bollywood to Pakistani actors and India’s IPL to Pakistani cricketers.

Earlier this year, the industrialist, counted as the most influential voice of the business community in Pakistan, had called for resumption of trade with India at a meeting of the Lahore Chamber of Commerce and Industry.

Reiterating the statements he made at that meeting, Mansha, whose businesses range from textiles to cement to automobiles, said if India could continue to import from China despite its border issues, there was no reason for Pakistan not to resume trade with India.

“I think there’s nothing better than having good relations with your neighbours. And you can’t change neighbours,” he said, pointing to the advantages that importing from India would give Pakistan.

“I am a businessman. That’s why I say that if something is cheaper in India, why should I buy that from another country? The transportation cost is less (from India),” he said. “There are so many products that we could buy. We (the Nishat Group) make Hyundai cars. Hyundai India is very big. We could buy some parts cheaper from India, than buying from China, for example. And you are also trading with China in such a large way. Your imports from China are huge, and if you look at it, you also have issues with China on the issue of territories and all that.”

Trade between the two countries dwindled after India doubled tariffs following the Pulwama attack in February 2019. Later, after India’s decisions in J&K that August, Pakistan stopped trade with India.

Last year, days after the powerful Pakistan Army indicated that it had a “geo-economic vision” of South Asia – Pakistan Army chief General Qamar Javed Bajwa outlined this in a speech — Pakistan announced it would begin restricted trade with India for cotton and sugar. However, the decision was abruptly cancelled after several ministers in the then Imran Khan government opposed it.

Last week, Imran Khan was removed as Prime Minister by the country’s parliament. Though Mansha said he had not met Shehbaz Sharif, the new Prime Minister, in three-four years, he was aware that Sharif was not against resumption of trade with India.

“What I think is we do need to move ahead on the resolution of the Kashmir issue, we could take small, small steps. I do think we need to lower the temperature,” he said, pointing to the “Musharraf formula” that paved the way for cross-LoC trade and bus services that allowed families on either side to meet, interact and do business with each other, though other steps such as reducing military presence on both sides did not take place. Mansha also spoke on the opening of flights from Sharjah as a pointer to the tourism potential of Kashmir.

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