Impact of political relations on Indo-Pak trade in 2017-18-19
International Journal of Development Research
Impact of political relations on Indo-Pak trade in 2017-18-19
Received 07th September, 2019; Received in revised form; 17th October, 2019; Accepted 28th November, 2019; Published online 30th December, 2019
Copyright © 2019, Dr. Sham Choughule. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The political relations of India and Pakistan are not good in many years. Presently India has withdrawn the most favourite nation (MFN) status of Pakistan and imposed 200% customs duty on Pakistani import. Pakistan also stopped trade with India on Kashmir Issue. Consequently, the Indo-Pak trade has been stopped. Interestingly, both countries are a member of WTO and binding for free trade. India and Pak are also a member of SARRC trading bloc and it's Free Trade Agreement namely South Asian Free Trade Area. Therefore, the stoppage of trade between the two countries due to political bad reasons becomes the subject matter of research. The researcher has collected data and opinion from various trade associations from Katmandu (Nepal) to Mumbai and addressed the problem. The researcher has analyzed the data and suggested to withdrawn Pakistan from SAPTA and adds to Thailand.
