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Pakistan faces an estimated loss of $40 billion from the suspension of trade with India Pakistan's business community has highlighted the economic costs of the suspension of trade with India in 2019. $40 billion: estimated losses since the trading halt. $5 billion: Additional costs reportedly faced by Pakistan's textile sector due to substitute cotton imports. $2-3 billion per year: potential savings for Pakistan's pharmaceutical industry if trade with India resumes. Pakistan has turned to suppliers including Brazil, Egypt, China and the US for cotton. Pakistan-India Business Council Chairman Noor Muhammad Kasuri highlighted opportunities for renewed trade, investment and regional cooperation.

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India Sentinel Network · · Source

🇵🇰 Pakistan · Map

Pakistan faces an estimated loss of $40 billion from the suspension of trade with India Pakistan's business community has highlighted the economic costs of the suspension of trade with India in 2019. $40 billion: estimated losses since the trading halt. $5 billion: Additional costs reportedly faced by Pakistan's textile sector due to substitute cotton imports. $2-3 billion per year: potential savings for Pakistan's pharmaceutical industry if trade with India resumes. Pakistan has turned to suppliers including Brazil, Egypt, China and the US for cotton. Pakistan-India Business Council Chairman Noor Muhammad Kasuri highlighted opportunities for renewed trade, investment and regional cooperation.

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