|Published : 14 Apr 2017, 16:35:54|
Despite tension Pak exports to India increase
Despite tensions between two countries Pakistan’s export to India increased, according to a media report.
Pakistan's exports to India grew during the first eight months of 2016-17 fiscal while imports fell by 23 per cent, according to a recent report by the State Bank of Pakistan.
During the period, the two countries were locked in bitter rivalry with terror attacks by Pakistan-based militant groups, Kashmir and border tensions impacting ties.
However, this seems to have had little impact on bilateral trade relations, the report said, according toa report by PTI.
The trade balance was in favour of India, it noted.
Growing by 14 per cent, exports from Pakistan to India amounted to USD 286 million in July-February.
Imports from India fell by 23 per cent to USD 958.3 million from USD 1,244 million recorded a year ago.
People who are in favour of better trade relations with India have to face harsh criticism in Pakistan. The same situation prevails across the border, the media report said.-Asfar