An overall trade policy framework between India and Pakistan is crucial for addressing their trust deficit and misapprehensions on an economic front.
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The presence of a trade agreement facilitates trade, but the absence of an agreement does not necessarily restrict trade, shows a new research on informal trade between India and Pakistan
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With a population of 1.8 billion, South Asia, naturally has the domestic demand but needs value chains intact to keep supplies from drying.
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Pakistan’s government targets raising the country’s textile and clothing exports from USD 13.5 billion in 2018 to USD 25 billion by 2025.
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