By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: Centre’s ban will cut India’s import from Pakistan to zero from USD 0.5 million: GTRI’s Ajay Srivastava – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Centre’s ban will cut India’s import from Pakistan to zero from USD 0.5 million: GTRI’s Ajay Srivastava – World News Network
Business

Centre’s ban will cut India’s import from Pakistan to zero from USD 0.5 million: GTRI’s Ajay Srivastava – World News Network

worldnewsnetwork
Last updated: May 3, 2025 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

New Delhi [India], May 3 (ANI): The Indian import from Pakistan will come down to zero from the current level of about half a million US dollars between both neighbouring countries, following a fresh ban announced by the Centre, Ajay Srivastava, Founder of the Global Trade Research Initiative (GTRI), said in a note.
India has imposed an immediate ban on the direct or indirect import and transit of all goods originating in or exported from Pakistan, regardless of their import status, effectively halting bilateral trade flows.
The move comes amid the growing tension between India and Pakistan following the dastardly attack in Pahalgam in which 26 tourists lost their lives.
“India’s already minuscule imports from Pakistan–barely USD 0.5 million a year–will now drop to zero. No one in India will miss anything except perhaps Himalayan pink salt (Sendha Namak), extracted from salt deposits of Pakistan,” Ajay Srivastava, Founder of GTRI, told ANI.
Srivastava said that the move to ban the import from Pakistan is mostly symbolic, as India had already imposed 200 per cent tariffs after the 2019 Pulwama attack. The heavy tariffs post the Pulwama attack reduced imports to around USD 0.42 million between April 2024 and January 2025.
These imports were limited to niche items like figs (USD 78000), Basil and Rosemary herbs (USD 18856), and Himalayan pink salt.
He further stated in the note, “India doesn’t depend on Pakistani goods, so the economic impact is minimal. However, Pakistan still needs Indian products and may continue accessing them through third countries through recorded and unrecorded routes.”
Going further, as per the information available on the official website of the High Commission of India in Islamabad, major items of import by India from Pakistan are copper and copper articles, edible fruits and nuts, cotton, salt, sulphur and earth and stones, organic chemicals, mineral fuels, plastic products, wool, glassware, raw hides & skin, etc.
On the other hand, the main items of export from India to Pakistan are cotton, organic chemicals, food products, including prepared animal fodder, edible vegetables, plastic articles, man-made filament, coffee, tea, spices, dyes, oil seeds, dairy products, pharmaceuticals, etc.
According to a latest estimate by the GTRI, Indian goods worth over USD 10 billion reach Pakistan via third-country trade routes. GTRI further added in a note that some firms are using ports like Dubai, Singapore, and Colombo to send Indian goods to Pakistan, allowing Indian products to reach Pakistan despite trade restrictions.
Following the terror attack in Pahalgam that killed 26 people, the Central government announced several diplomatic measures, such as closing the Integrated Check Post (ICP) at Attari, suspending the SAARC Visa Exemption Scheme (SVES) for Pakistani nationals, giving them 40 hours to return to their country, and reducing the number of officers in the High Commissions on both sides.
India has also halted the Indus Waters Treaty signed in 1960 in the wake of the Pahalgam attack. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

RBI’s strong dividend to govt boosted by USD sales, interest income: SBI report – World News Network

MSME loan demand grew 11%, but supply declined 11% (Y-o-Y) in Jan-Mar 2025: SIDBI Report – World News Network

Imperial College Bengaluru welcomes Imperial College London new initiative Imperial Global India – World News Network

Reliance to invest Rs 75,000 crore in North East over next 5 years: Mukesh Ambani – World News Network

Raghuram Group: Transforming Balanagar with 39 Years of Excellence and 40+ Landmark Projects – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article “One is Kerala CM, another is Thiruvanathapuram MP so they will take part in the PM’s program”: Congress leader Rajiv Shukla – World News Network
Next Article Jal Shakti Minister CR Patil does not accept bouquet at Surat event, says “no welcome till there is revenge” for terror attack – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

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

Stay Connected

- Advertisement -

Latest News

Delhi: Fire breaks out at factory in Bawana’s DSIDC area; no casualties – World News Network
National May 24, 2025
“I feel good”: Repatriated BSF Jawan PK Shaw after his arrival at his hometown in West Bengal – World News Network
National May 24, 2025
Arunachal villagers embrace SUMP project, marking a milestone in water security and strategic sovereignty – World News Network
National May 24, 2025
Nepal’s top court upholds former Home Minister Lamichhane judicial custody – World News Network
World May 24, 2025

Sports

“You get confidence when you bat well”: SRH batter Ishan Kishan reflects on his match winning innings against RCB – World News Network
Sports
Naushad Moosa names 29-member probable squad for India U23s – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

‘Limitless’ director Neil Burger expresses admiration for SRK, Indian cinema, shares shooting experience in Delhi for ‘Inheritance’ – World News Network
Entertainment
Dolly Parton has no plans to star in Jennifer Aniston’s ‘9 to 5’ remake, says “We’re not gonna look that good” – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?