Pakistan trade suspension with India linked to $40 billion losses
In short
Pakistan is said to have lost about $40 billion since trade with India stopped in 2019.
A business council chairman wants trade ties restored because import costs are higher and supplies are delayed. The source does not say which sectors were hit the hardest.
What the reporting says
Pakistan has lost an estimated $40 billion since trade with India was suspended in 2019, according to the Pak-India Business Council. The council’s chairman, Noor Muhammad Qasuri, urged both countries to restore commercial ties, citing higher import costs, supply delays and damage to industries. The source does not quantify which sectors suffered most, beyond saying industries were hurt.
Why it matters
The Pak-India Business Council says Pakistan has suffered an estimated $40 billion in losses since trade with India was suspended in 2019, and chairman Noor Muhammad Qasuri called for restored commercial ties. The cited reasons are higher import costs, supply delays and damage to industries. The reporting does not break down the losses by sector or give an independent official estimate.