Lahore (Online): The faculty of the Economics Department of the Lahore University of Management Sciences, (LUMS), through the Development Policy Research Centre, headed by Dr. Mohsin Khan, former Director of the IMF and currently Senior Fellow with the Rafik Hariri Center for the Middle East at the Atlantic Council, and in collaboration with Dr.Faiz Muhammad Shaikh of IBA Sukkur, has been involved in researching the implications of liberalizing trade with India on Pakistan’s economy, in particular, the agriculture and business sectors of the country.
The LUMs team, including Dr. Turab Hussain, Mr. Usman Khan and Mr. Abid Hussain Imam, met with senior members of the press corps on Monday, 10th February, in order to discuss the main outcomes of this research. This meeting was a precursor to the launch of a four part article series aimed at educating the public regarding the ramifications of opening up trade with India. The discussion during the media briefing centered around certain key issues that have been identified during the course of the research at LUMs to be the major concern when open trade with India is considered.
In addition, various strategies for ensuring the mitigation of negative trade outcomes as well as possible strategies for negotiating favorably for Pakistan’s economy were discussed. In particular, there was a detailed discussion held around the research on the impact of open trade with India, on the agriculture sector. This discussion was particularly relevant as it was based on the first of the four articles to be published in the newspapers over the next couple of months.
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