Pakistan. 'India halts exports of vegetables to Pakistan'

17.10.2016

India has completely halted export of vegetables to Pakistan, a presidential candidate of FPCCI, Zubair F Tufail said. Talking to Business Recorder, Tufail said that Pakistan is one of the biggest importers of vegetables from India due to its low price. He said due to current tension on LoC, the two-way trade between India and Pakistan has adversely affected.

India's exports to Pakistan were valued at around $2.17 billion in 2015-16 while its imports from Pakistanis less than $500 million. Indian export to Pakistan comes to around 75 percent of this total trade, he said. Replying to a question, he said that India would be more affected than Pakistan.

Replying to another question, he quoted Pakistan High Commissioner in India Abdul Basit as advising that Pakistani business community and others should not visit India until it is absolutely necessary. He said the High Commissioner further said that the condition and atmosphere in India is not favourable for Pakistani visitors and hotels are reluctant to make reservation for Pakistani nationals.

He said the Trade Development Authority of Pakistan (TDAP) and the FPCCI have already cancelled their events which are scheduled this month and November in India. He said the undocumented trade is still going on through Iran and Afghanistan hitting adversely Pakistani industry and duty collection.


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