Pakistan to import wheat, sugar and cotton from India after 1.5 year hiatus
ISLAMABAD: The Economic Coordination Committee (ECC) of the Federal Cabinet of Pakistan has given the permission to import half a million metric tons of sugar and large quantities of cotton, yarn and wheat from India after a suspension of trade since 2019. Pakistan had suspended bilateral trade with India from August 9, 2019 in the aftermath of New Delhi’s unilateral action which changed the constitutional status of Indian Illegally Occupied Jammi and Kashmir. The resumption of trade ties comes at a time of growing inflation in Pakistan, and this move has the potential to signficantly reduce inflation in Pakistan. Earlier,
