#XRPETFs INDIA VS #PAKISTAN
🇵🇰 Pakistan's Trade Actions
Full Trade Ban: Pakistan has completely stopped all trade with India, even through other countries. This decision came after India ended the Indus Waters Treaty and canceled visas for Pakistani citizens.
Airspace Ban: Pakistan has also closed its airspace to Indian planes, making the situation even more tense.
🇮🇳 India's Trade Actions
Diplomatic Response: India has reduced diplomatic relations with Pakistan, sent Pakistani diplomats home, and canceled visas for Pakistanis.
Trade Effects: From April 2024 to January 2025, India exported around $500 million worth of goods to Pakistan, mostly medicine, chemicals, sugar, and car parts. In return, India imported very little—just about $0.42 million worth of goods from Pakistan.