Why did Pakistan suffer $40 billion in economic losses after trade with India stopped? Which sectors were most affected?
Pakistan has lost an estimated $40 billion since trade with India was suspended in 2019, according to the Pak-India Business Council. Its chairman, Noor Muhammad Qasuri, urged both countries to restore commercial ties, citing higher import costs, supply delays and damage to industries.
- ✓Pakistan has lost an estimated $40 billion since trade with India was suspended in 2019, according to the Pak-India Business Council.
- ✓Its chairman, Noor Muhammad Qasuri, urged both countries to restore commercial ties, citing higher import costs, supply delays and damage to industries.
- ✓Civic Domain: Categorized under business public notices.
Pakistan has lost an estimated $40 billion since trade with India was suspended in 2019, according to the Pak-India Business Council. Its chairman, Noor Muhammad Qasuri, urged both countries to restore commercial ties, citing higher import costs, supply delays and damage to industries.
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| Issuing Authority | Livemint Indian Economy & Policy |
|---|---|
| Topic Category | BUSINESS |
| Jurisdiction | All India / National |
| Publication Date | 3 November 2026 |