India and the benefits of the cashmere of Pakistan also strikes the economy

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India and the benefits of the cashmere of Pakistan also strikes the economy

Third -party business trade

But analysts claim that Pakistan’s decision to stop trade is unlikely to have a major impact, because regular diplomatic thrusts between the two nations over the decades have prevented close economic ties.

India has exported less than $ 450 million in goods to Pakistan between April 2024 and January 2025, a tiny fraction of its global expeditions.

Key items included pharmaceutical products of more than $ 110 million and sugar worth more than $ 85 million.

“Imports from Pakistan were negligible – only $ 0.42 million, limited to niche elements such as figs, basil and rosemary of herbs,” Ajay Srivastava of Global Trade Research Initiative, a Delhi -based reflection group, said in an information note.

But Islamabad also said Thursday that he had suspended “any trade with India”, including “to and from any third -party country via Pakistan”.

It is not immediately known how it would have an impact on indirect trade through countries such as the United Arab Emirates or Singapore.

Indirect trade is much higher, totaling about $ 10 billion, according to Srivastava.

“Informal sources say that Pakistan imports several Indian products in this way, including chemicals, pharmaceuticals, cotton and thread,” he said.

“On the other hand, India can receive pink Himalayas and dried fruits such as dates, apricots and almonds from Pakistan, also transported through third countries.”

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