📷 Image: Wikimedia Commons / Steve Evans from Bangalore, India
Business
Pakistan Claims $40 Billion Losses from India Trade Suspension, PIBC Chief Says
✍️ The Economic Times
🗓 03 Nov 2026, 04:34 AM
👁 20
Pakistan's Prime Minister’s Office Business Council chief has estimated that the suspension of trade with India has cost the country $40 billion in economic losses.
Pakistan’s Prime Minister’s Office Business Council (PIBC) chief announced that the country has suffered an estimated $40 billion in economic losses due to the suspension of trade with India.
The statement was made in a press briefing where the PIBC chief highlighted the impact on Pakistani exporters and the broader economy.
No further details were provided about the duration of the suspension or the specific sectors most affected, but the figure underscores the significance of cross‑border trade for Pakistan’s growth.
The announcement comes amid ongoing tensions between the two neighbours, with trade disruptions repeatedly affecting both economies.
The statement was made in a press briefing where the PIBC chief highlighted the impact on Pakistani exporters and the broader economy.
No further details were provided about the duration of the suspension or the specific sectors most affected, but the figure underscores the significance of cross‑border trade for Pakistan’s growth.
The announcement comes amid ongoing tensions between the two neighbours, with trade disruptions repeatedly affecting both economies.