Indian goods worth $10 billion reach Pakistan through alternative trade routes, says GTRI
A Global Trade Research Initiative report reveals that over $10 billion worth of Indian goods annually reach Pakistan through indirect channels, utilizing ports in Dubai, Singapore, and Colombo. These intermediary ports facilitate transshipment, where goods are relabeled to circumvent trade restrictions. Recent diplomatic tensions, including the suspension of the Indus Waters Treaty, are expected to further impact commercial exchanges.
A Global Trade Research Initiative report reveals that over $10 billion worth of Indian goods annually reach Pakistan through indirect channels, utilizing ports in Dubai, Singapore, and Colombo. These intermediary ports facilitate transshipment, where goods are relabeled to circumvent trade restrictions. Recent diplomatic tensions, including the suspension of the Indus Waters Treaty, are expected to further impact commercial exchanges. What's Your Reaction?
