Pakistan losses from India trade suspension reach $40 billion
In short
Pakistan has had an estimated $40 billion in economic losses since trade with India was suspended in 2019. Business leaders say restarting trade could help both sides.
The report says the halt has made essential imports more expensive and hurt textiles and pharmaceuticals. It is not stated what steps, if any, will be taken next.
What the reporting says
Pakistan has suffered an estimated USD 40 billion in economic losses since trade with India was suspended in 2019, according to a publisher summary. Business leaders said restoring the commercial ties could help both sides, while the pause has raised costs for essential goods and strained textiles and pharmaceuticals. The exact breakdown of the losses and any policy response are not stated in the available reporting.
Why it matters
The report says Lahore has faced an estimated USD 40 billion in losses since trade with India was paused in 2019. It also says essential goods that were usually imported from India have become costlier, and that textiles and pharmaceuticals have struggled with higher transportation and sourcing costs. Business leaders are pressing for restored trade, but the source does not specify any government action or timeline.