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Last updated: 11 Aug, 2019  

Exports.9.Thmb.jpg 'Pak's suspension of trade to hardly hit Indian exports'

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SME Times News Bureau | 10 Aug, 2019

Exporters body FIEO said that suspension of trade relations with India will hit Pakistan more while India will be hardly affected.

"The suspension of trade relations will hit Pakistan more badly as India is less dependent on Pakistan while latter is more," FIEO President Sharad Kumar Saraf said.

India's goods exported to Pakistan has limited profile as Pakistan has not given MFN status to India and such goods have ready market in South Asia and Middle East" he added.

Pakistan scaled down its diplomatic and economic relations with India recently over India’s revoking the constitutional article 370 that had for decades afforded the Jammu and Kashmir substantial autonomy over its own affairs.

 
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