Pakistan says trade suspension with India has cost it $40 billion since 2019
- Pakistan has suffered an estimated $40 billion in economic losses since trade with India was suspended in 2019.
- Pak-India Business Council chairman Noor Muhammad Qasuri urged both countries to restore commercial ties.
- • He said Pakistani businesses now import raw materials and essential goods from distant markets, increasing costs and delivery times.
- Pakistan's pharmaceutical sector could save $2–3 billion annually through Indian imports, while its textile industry has incurred $5 billion in extra cotton costs.
Source: news18.com
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