Pakistan Block Trade With India:Diplomatic Relation Downgrades

Pakistan downgraded diplomatic relations and suspended bilateral trade with India after New Delhi revoked seven decades of autonomy for the disputed Muslim-majority state of Kashmir.

Prime Minister Imran Khan’s government announced Wednesday a series of measures to oppose what it called “unilateral and illegal actions” by India. He also said Pakistan will take the matter to the United Nations Security Council and ensure the army remains vigilant. India’s foreign ministry didn’t respond to a request for comment.

India on Monday revoked Article 370 of the Constitution to withdraw the special status given to Jammu and Kashmir and bifurcated the state into two Union Territories — Jammu and Kashmir, and Ladakh.
While India’s High Commissioner Bisaria is in Islamabad, his Pakistani counterpart Moin-ul-Haq is yet to take charge in New Delhi.
A statement issued after the NSC meeting read that the Committee discussed situation “arising out of unilateral and illegal actions” by the Indian government, situation inside Jammu and Kashmir and along the Line of Control.

Pakistan is desperate to bring the international community into this discussion,” he said. “It is hoping that by raising the stakes it would be able to force others to respond.”

India’s exports to Pakistan too have dipped by about 32 per cent to $171.34 million in March. However, exports had increased by 7.4 per cent to $2 billion during 2018-19.

During April-June this fiscal, India’s global exports stood at $314.7million. The main products being exported by India include organic chemicals; cotton; nuclear reactors, boilers; plastic products; tanning or dyeing extracts; cereals; sugar; coffee, tea; articles of iron and steel; copper and footwear.

India had also revoked the MFN (most favoured nation) status to Pakistan in the aftermath of the terror attack. The country has repealed a security exception clause of the World Trade Organisation (WTO) to withdraw this status. Both the countries are member of this body.

Leave a Reply

Your email address will not be published. Required fields are marked *