India allows investments from Pakistan, Interesting!!!By Sobia Raja • Aug 2nd, 2012 • Category: Politics • 9 Comments
India and Pakistan two competing nations in subcontinent have been losing chances of growth for years and now finally they have realized the fact and open the doors of investment, it’s really a bold decision, I must appreciate it, I am in favor of this decision because when fighting countries will start work together, many things will unfold regarding the trade. It’s time for regional integration which is not possible without having good relationships, in regional integration all the nations in the regions work together in order to facilitate their people and for competition with the rest of world. If we look into the unions and regional integration in the western countries then we can easily understand the need of this integration, NAFTA, AFTA and so many others.
By the end of the year Pakistani govt. gave the title of “ Most favored nation” to India, this opened the ways towards the relationship settlement in between both countries, when Pakistan will invest in India better visa policies will be given to the people of both countries. It’s a bold step towards the betterment of economy.
But here a little conflict arose in my mind, as India offered Pakistan to invest, its simple inward FDI for India, Pakistan this time also need inward FDI, so Pakistan must take decisions for the inward FDI in Pakistan, in current scenario foreign FDI is the basic need because of Pakistani situation, as we have been facing the tags of terrorists and extremists so our govt. must take decisions regarding inward FDI, and later on must work on regional integration. Once this decision would be taken believe me you will see the difference, But again Govt. And govt. Policies matters, stable and passionate govt. can lead nation towards the development. That we don’t have and we badly need it.