Armed terrorists opened fire on a group of tourists in Pahalgam, Jammu and Kashmir, in a horrific terror assault that occurred on april 22. 26 people were killed and numerous others were injured in the vicious attack. Families with children on vacation were among the deaths, which sparked a national outcry.
India responds with strong measures
The indian government has responded to pakistan with rapid and severe measures, including several significant diplomatic initiatives. Authorities have eliminated SAARC visas for Pakistani nationals and revoked the Indus Water Treaty. Officials in india who now hold SVES visas have been given a 48-hour notice to depart the country. Additionally, the government has suspended Pakistan's official X account in india, indicating a total collapse in diplomatic relations.
Trade relations are severed
Trade between india and pakistan is anticipated to be directly impacted by these broad decisions. "The relationship between india and pakistan is ending completely," said a high-level official. "This will have a major effect on the market."
Economical Impact on consumers
India buys several necessities from pakistan, therefore the trade disruption is probably going to have a significant impact on consumers. Items that are impacted include:
Dry Fruits: india is one of Pakistan's top export destinations for dry fruits. "Disruptions in the supply chain could result in a significant increase in the cost of dry fruits," a wholesaler located in delhi stated.
Rock Salt: pakistan provides nearly all of India's rock salt needs. With commerce suspended, a sharp increase in prices is anticipated.
Optical Lenses: The cost of highly sought-after, Pakistani-made optical lenses for eyeglasses may also increase.
Other Imports: india also imports cotton, steel, leather goods, cement, fruits, and Multani mitti from Pakistan; these items may now be more expensive or more difficult to locate.
India responds with strong measures
The indian government has responded to pakistan with rapid and severe measures, including several significant diplomatic initiatives. Authorities have eliminated SAARC visas for Pakistani nationals and revoked the Indus Water Treaty. Officials in india who now hold SVES visas have been given a 48-hour notice to depart the country. Additionally, the government has suspended Pakistan's official X account in india, indicating a total collapse in diplomatic relations.
Trade relations are severed
Trade between india and pakistan is anticipated to be directly impacted by these broad decisions. "The relationship between india and pakistan is ending completely," said a high-level official. "This will have a major effect on the market."
Economical Impact on consumers
India buys several necessities from pakistan, therefore the trade disruption is probably going to have a significant impact on consumers. Items that are impacted include:
Dry Fruits: india is one of Pakistan's top export destinations for dry fruits. "Disruptions in the supply chain could result in a significant increase in the cost of dry fruits," a wholesaler located in delhi stated.
Rock Salt: pakistan provides nearly all of India's rock salt needs. With commerce suspended, a sharp increase in prices is anticipated.
Optical Lenses: The cost of highly sought-after, Pakistani-made optical lenses for eyeglasses may also increase.
Other Imports: india also imports cotton, steel, leather goods, cement, fruits, and Multani mitti from Pakistan; these items may now be more expensive or more difficult to locate.
click and follow Indiaherald WhatsApp channel