pakistan: India-Pakistan commerce stood at USD 1.35 billion throughout April-December 2022

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The bilateral commerce between India and Pakistan has elevated to USD 1.35 billion throughout April-December 2022 as in opposition to USD 516.36 million in the entire 2021-22, Parliament was knowledgeable on Wednesday. Equally, the nation’s commerce with China has aggregated at about USD 87 billion in the course of the nine-month interval of this fiscal, in line with the information supplied by Minister of State for Commerce and Trade Anupriya Patel in a written reply to the Lok Sabha.

In 2019, Pakistan suspended bilateral commerce with India after New Delhi revoked the particular standing of Jammu and Kashmir.

The commerce with Pakistan stood at USD 329.26 million in 2020-21 and USD 830.58 million in 2019-20, the information confirmed.

“The federal government continues to interact pro-actively with SAARC nations to strengthen commerce and financial relations. Points impacting bilateral commerce raised by these nations are taken up for an early decision,” she stated.

Replying to a separate query on international commerce information, the minister stated that the information are launched in three phases — press launch (fifteenth day of the next month); provisional information for 168 principal commodities (twenty fifth day of the next month) and the ultimate information on the forty fifth day of the next month.

She stated that the efforts at guaranteeing information availability with minimal discrepancies is a steady course of.

“The Division of Commerce has taken observe of media reviews on information discrepancies,” she added.

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