
The Pakistan Business Forum has announced a sweeping boycott of the Indian business community, escalating economic tensions between the two countries in the wake of recent diplomatic strains.
Speaking to media, Chief Organizer Ahmad Jawad said that halting trade via Pakistani territory would cost India an estimated $1.14 billion. He noted that India’s annual agricultural imports from Afghanistan, valued at approximately $640 million, would also be severely impacted by the disruption.
Jawad dismissed India’s accusations against Pakistan as “baseless and fabricated,” accusing New Delhi of a pattern of blaming Pakistan to deflect attention from its own internal failures.
“The business community stands shoulder to shoulder with the Pakistan Armed Forces,” he said, adding that the boycott would continue until India agreed to address disputes based on mutual respect and equality.
Tensions have risen sharply following the Pahalgam incident, after which the Modi government took a series of aggressive measures and issued what Pakistan described as unfounded allegations. In response, Islamabad closed its airspace to Indian flights, a move that has inflicted heavy daily losses on Indian airlines.
US President Donald J. Trump has announced plans to impose tariffs on several European countries,…
Pakistan and the United States on Saturday agreed to enhance cooperation in bilateral security, counterterrorism…
A district and sessions court in Islamabad on Saturday reissued non-bailable arrest warrants against activist…
Signs of diplomatic strain between India and Bangladesh surfaced on Saturday after the captains of…
Pakistan and Japan on Friday reaffirmed their commitment to strengthening bilateral economic cooperation during the…
The Aga Khan University graduated 461 students from 18 degree programmes at its 38th Convocation…
This website uses cookies.