Why Pakistan is lifting its ban on Indian import

Trade between the neighbours has always been linked to politics. So, India’s exports to Pakistan fell around 16 per cent to $1.82 billion in 2016-17 from $2.17 billion in 2015-16 after relations deteriorated in the aftermath of the Uri terror attack and the Indian Army’s surgical strikes on militant launchpads in Pakistan-occupied Kashmir in 2016. Due to the continued tensions, trade between the two countries grew marginally in subsequent years; Indian exports rose nearly 6 per cent to $1.92 billion in 2017-18, and then by around 7 per cent to $2.07 billion in 2018-19.  Imports from Pakistan, also increased by 7.5 per cent to $488.56 million in 2017-18 from $454.49 million in 2016-17. Growth of imports from Pakistan slowed to around $494.87 million in 2018-19 , before political relations entered a deep freeze in 2019.

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