An overall trade policy framework between India and Pakistan is crucial for addressing their trust deficit and misapprehensions on an economic front.
The presence of a trade agreement facilitates trade, but the absence of an agreement does not necessarily restrict trade, shows a new research on informal trade between India and Pakistan
With a population of 1.8 billion, South Asia, naturally has the domestic demand but needs value chains intact to keep supplies from drying.
Pakistan’s government targets raising the country’s textile and clothing exports from USD 13.5 billion in 2018 to USD 25 billion by 2025.
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