Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

India to suffer $1.14b losses after trade halt with Pakistan: PBF

byCT Report
28/04/2025
in Breaking News, Lahore, Latest News, Slider News
Share on FacebookShare on Twitter

LAHORE: Pakistan Business Forum (PBF) has revealed that India stands to face trade losses of around $1.14 billion due to restrictions preventing the use of Pakistani soil for trade activities.

According to the PBF, India exported goods worth approximately $500 million to Pakistan between April 2024 and January 2025, while imports from India amounted to just $0.42 million.

You might also like

SIFC facilitates US business delegation’s strategic engagements in Karachi

01/08/2026

Ogra raises LPG price by Rs12.89 per kilogram

01/08/2026

Additionally, the forum highlighted that trade disruptions would also affect Indian goods transiting through Pakistan to Afghanistan, estimated at $640 million annually, further escalating India’s trade losses.

The PBF expressed full support for government initiatives aimed at countering Indian provocations, advocating for a united national stance to defend Pakistan’s sovereignty. PBF President Khawaja Mehboob Ur Rehman stated that the business community firmly backs the Pakistan Armed Forces, adding that India’s repeated attempts to blame Pakistan every few years are no longer tolerable.

“It has become their pattern to remain silent for a few years and then suddenly start pointing fingers at Pakistan again,” he remarked. “Enough patience has been shown.”

Senior Vice President Amna Munawwar Awan dismissed India’s allegations following the Pahalgam attack as “absurd lies,” describing the incident as a failed attempt to cover up human rights abuses in India-occupied Kashmir.

Chief Organiser Ahmad Jawad called for a complete cessation of trade relations until issues are resolved based on “mutual respect and equality.” He accused India of undermining regional economic integration and peace efforts.

The PBF also condemned India’s suspension of the Indus Waters Treaty, labeling the decision as “ridiculous and detrimental” to regional stability. “The only way forward is unity, resilience, and prioritising Pakistan first,” Jawad concluded.

Related Stories

SIFC facilitates US business delegation’s strategic engagements in Karachi

byCT Report
01/08/2026

KARACHI: A high-level U.S. business delegation, facilitated by the Special Investment Facilitation Council (SIFC), followed a series of meetings in...

Ogra raises LPG price by Rs12.89 per kilogram

byCT Report
01/08/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased the price of liquefied petroleum gas (LPG) by Rs12.89 per...

KPT cargo throughput surges past 55 million tons in FY26 on import boom

byCT Report
01/08/2026

KARACHI: Karachi Port Trust (KPT) handled 55.44 million tons of cargo in the financial year ended June 30, 2026, up...

Pakistan, Türkiye agree to revive Islamabad–Tehran–Istanbul Freight Corridor

byCT Report
01/08/2026

LAHORE: Federal Minister for Railways Muhammad Hanif Abbasi held a high-level meeting with Türkiye’s Minister of Transport and Infrastructure, Abdulkadir...

Next Post

World Liberty Financial delegation meets PM, other leaders

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.