ਇੰਡੋ-ਪਾਕ ਵਪਾਰ ਲਈ ਪਾਕ ਦੇ ਸਿਆਸਤਦਾਨ ਅਤੇ ਵਕੀਲ ਮੈਦਾਨ ਵਿੱਚ ਆ ਗਏ
India and Pakistan have a complex and sensitive trade relationship due to their political tensions and historical conflicts. Despite being neighboring countries, their trade volume is significantly lower than their potential. Here are some key points about Indo-Pak trading:
1. Trade Volume: The total trade volume between India and Pakistan is around $2.5 billion, which is a fraction of their total global trade.
2. Major Exports/Imports: India exports textiles, gems, jewelry, machinery, and electronics to Pakistan, while Pakistan exports textiles, cotton, fruits, and vegetables to India.
3. Trade Routes: The main trade routes between India and Pakistan are the Wagah-Attari border in Punjab and the Munabao-Khokhrapar border in Rajasthan.
4. Trade Barriers: Both countries have imposed trade restrictions and tariffs on each other, which limits the growth of trade.
5. Potential: According to a World Bank report, the potential trade volume between India and Pakistan could be as high as $37 billion if trade barriers are reduced.
6. Recent Developments: In 2021, Pakistan lifted its trade ban with India, and since then, there has been a slight increase in trade between the two countries.
Overall, while there are challenges in Indo-Pak trading, there is also significant potential for growth and economic benefit if trade barriers are reduced and relations improve.