Centre's ban will cut India's import from Pak to zero from USD 0.5 million

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,

- CORRESPONDENT

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.