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Pakistan’s imports from India rose almost 50% in March despite embargo

Pakistan’s imports from India rose almost 50% in March despite embargo

Imports of goods from India to Pakistan increased by 48% to $278 million (26 billion rubles) in March, despite the official trade embargo imposed by Pakistan on India, Pakistan Observer reported on April 16. .

It should be noted that Pakistan did not appoint an official trade representative in India while there was an interim government in Pakistan. In March last year, Pakistan’s imports from India amounted to 185 million dollars (17.5 billion rubles).

Pakistan imposed a trade embargo on India in 2019 in response to India’s removal of special status for Jammu and Kashmir, which stripped the disputed region of much of its autonomy.

However, experts point out that trade was subsequently partially restored. Despite the generally insignificant import figure, what is important is the trend. It may be noted that the supreme leader of Pakistan Muslim League-Nawaz (PML-N) party, which is currently ruling in Pakistan, Nawaz Sharif, earlier stated that Pakistan should take a course towards normalization of relations with India. In particular, that he was removed from power in 1999 because he wanted normalization with India.

Source: Rossa Primavera

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