Middle East
PakistanPakistan Business Council urges revival of trade with India due to financial losses
The Pakistan Business Council is advocating for the resumption of trade relations with India, citing substantial financial losses incurred from the ongoing trade halt between the two nations.
Background
Trade between Pakistan and India has largely been suspended since 2019 following heightened political tensions. This cessation has impacted various economic sectors in both countries. Calls for revival often emerge from business communities citing economic benefits.
Quorum · collective opinions
Pakistan's Economic Performance and Trade
First report 1h agoLast update 49m agoPakistan's merchandise exports have shown growth, with government efforts focused on competitiveness and diversification.
Analysts suggest Pakistan has used trade as a tool for political pressure, negatively impacting economic relations with neighbors.
Information is provided on currency exchange rates in Karachi.
Pakistan's Trade Relations with India
First report 7h agoLast update 7h agoUrges the resumption of trade with India, quantifying the economic losses incurred due to the suspension of trade.
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