If China and Taiwan can have trade ties, why can’t Pak and India?
- Fatima S Attarwala
- Updated: Jul 2, 2024, 15:27 IST IST
Billions flowing between both nations through smuggling and ‘rerouting’ underscore potential benefits of normalising trade relations
Pakistan’s relationship with India has a long history of volatility, but trade ties took a nosedive after 2019. The Pulwama attack escalated tensions, followed by India’s revocation of Jammu and Kashmir’s special status in August.
These events strangled formal trade relations. India imposed a hefty tariff on Pakistani imports and suspended trade across the Line of Control. Pakistan retaliated with a trade ban, later allowing only essential pharmaceutical imports.
These events strangled formal trade relations. India imposed a hefty tariff on Pakistani imports and suspended trade across the Line of Control. Pakistan retaliated with a trade ban, later allowing only essential pharmaceutical imports.
