India imposed a comprehensive embargo on all imports and goods wandering from Pakistan, and its response to the terrorist attack on April 22nd in Paalgam.
This step, which follows the closing of the Wagah-Attari commercial path, completely stops in the border trade and is expected to strongly affect many Pakistani sectors.
The notification said by the Ministry of Commerce: “Direct or indirect import must be banned for all emerging or exported goods from Pakistan, whether it is freely or not allowed, with an immediate effect.” “This restriction is imposed in the interest of national security and public policy.”
The ban comes days after the terrorists copy 26 civilians, including a Nepalese tourist and a local dowry guide, in the stunning landscape Marj. India has since suspended the endoswater and hardening its diplomatic and economic stance.
India’s trade has declined with Pakistan since the 2019 Poloa attack. In the 24-25 fiscal year (April), India has exported goods worth $ 447.65 million to Pakistan, while imports amounted to only $ 0.42 million. In 2023-24, exports amounted to $ 1.18 billion, imports were $ 2.88 million, and away from 0.1 % of the total global trade in India.
Despite the low size, many Pakistani industries have relied heavily on specific Indian imports. Here is what Pakistan imported more than India in 2024:
- Organic chemicals – 164.19 million dollars
- Pharmaceutical Products (including pharmaceutical installations) – 120.86 million dollars
- Plastic – 4.94 million dollars
- Inorganic chemicals, precious metal compounds – $ 4.67 million
- Metal fuel, oils and distillation products – $ 2.70 million
- Various chemical products – $ 2.09 million
- Modified starches, cover, enzymes – $ 1.53 million
- Tribal excerpts, dyes, tannins – $ 1.27 million
- Various food preparations – $ 1.20 million
- Medical devices, optical tools – 0.38 million dollars
- The younger imports included grains, vegetables, car components, dairy and spices.
This pause is likely to disrupt Pakistan’s pharmaceutical, chemical and food sectors, which depend on Indian inputs. Unofficial trade across the third countries such as the United Arab Emirates and Singapore – which was estimated at $ 10 billion – has been pressure due to the increasing scrutiny and costs.
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