Non-tariff barriers continues decline in cement exports to India
KARACHI: The cement exports to India have been on a constant decline ever since the two countries opened their borders for liberal bilateral trade but restriction besides tariff turned down the cement export to India for the last six months, ARY News reported.
According to All Pakistan Cement Manufacturers Association (APCMA) the exports to India have so witnessed the decrease of 3.25 per cent during the last six months. The export to India remained only 202000 tons for the last six months.
The decline is not due to lack of cement demand in India but because of non-tariff barriers by our neighbor, APCMA sources said.
According to spokesman the overall exports for the first six months of the current fiscal year remained declined by 1.8 per cent to 4.15 million tons, compared to 4.22 million tons in the same period of the previous year.
Furthermore, besides India the cement exports have shown positive progress for the month of December 2013 in which the export volumes raised to 625,000 tons compared to 580,000 tons during December 2012, a significant growth of 7.8 per cent.