Pakistan-India Trade: After the abrogation of Article 370 from Jammu and Kashmir on August 5, 2019, Pakistan had stopped all trade with India. However, in the last five years, Pakistan’s economy has reached a very pathetic condition. Regarding this, there is a discussion going on in Pakistan for the last several months to restart trade with India. From Mian Mansha, who is called the Ambani of Pakistan, to many other leading industrialists of Pakistan, they are pleading with India to restart trade.
Pakistan’s arrogance seems to be weakening
Indian Foreign Minister S. at the Shanghai Cooperation Organization (SCO) meeting. After Jaishankar’s participation, now the government of Pakistan seems to be talking on this issue. Pakistan Finance Minister Muhammad Aurangzeb said in Washington, USA on Sunday – ‘Not doing business with neighbors is absolutely absurd.’ Let us tell you that the Pakistani Finance Minister was asked about increasing trade in regional countries, especially with India.
Zero imports from Pakistan, but exports continue
According to Indian government data released on Sunday, imports from Pakistan into India have been zero in the last 5 months. At the same time, during this period, India has exported goods worth 235 million dollars (which includes sugar and medicines) to Pakistan. It is being said that Pakistan is incurring huge losses by stopping trade with India in this way. On this, the Finance Minister of Pakistan said that the geopolitical issues of India and Pakistan are affecting regional trade.
S in SCO. Pakistani Foreign Minister had met Jaishankar
Finance Minister Muhammad Aurangzeb at the Pakistani Embassy in Washington, USA said – ‘We have recently participated in the Shanghai Cooperation Organization (SCO) meeting and we also want to join the BRICS alliance. Our objective behind which is to promote trade. Indian Foreign Minister S Jaishankar participated in the SCO conference held in Pakistan. During this time, Pakistan Foreign Minister Ishaq Dar had informal talks with Jaishankar.