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This book explores the unfinished India-Pakistan Trade
normalisation agenda (building upon the themes covered in the book
"India-Pakistan Trade: Strengthening Economic Relations" published
by Springer in 2014) and discusses the steps that must be
undertaken in order to move the bilateral engagement forward. Given
the commencement of bilateral state-level talks and the Indian
government's emphasis on South Asian integration, it adds impetus
to the trade liberalisation process, while also providing essential
recommendations for policymakers in both countries. The unfinished
agenda faces obstacles such as the list of items for which export
from India to Pakistan continues to be restricted; lack of land
borders and seamless cross-border transport services, which hampers
the realisation of trade potential; negative reporting in the
media, which influences traders' perceptions; and the continued
occurrence of informal trade resulting from inadequacies of formal
trade relations. The book examines various sectors, including the
agricultural, textiles, automotive and pharmaceutical industries,
given their predominance on the list of restricted items for
bilateral trade. It also covers studies on unconventional and
under-researched themes concerning informal trade, informational
barriers to India-Pakistan trade, and opening new land borders for
trade - all of which can play a facilitating role in realizing the
untapped trade potential between India and Pakistan. The book also
includes the second round of the India-Pakistan trade perception
survey, which identifies impediments to India-Pakistan bilateral
trade and assesses the change in traders' perceptions since the
first round of the survey, which was published in 2014.
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