India to incur $1.14 billion trade loss due to Pakistan restrictions: PBF

Pakistan Business Forum (PBF) officials have calculated that India stands to incur trade losses amounting to approximately $1.14 billion due to restrictions on using Pakistani soil for trade activities.

PBF officials highlighted that India exported around $500 million worth of goods to Pakistan between April 2024 and January 2025, while imports from India stood at just $0.42 million.

Additionally, the Pakistan Business Forum pointed out that Indian goods transiting through Pakistan to Afghanistan — estimated at about $640 million annually — would also be disrupted, compounding India's trade losses.

PBF President Khawaja Mehboob Ur Rehman said the business community stands firmly with the Pakistan armed forces.

Senior Vice President Amna Munawwar Awan termed India's allegations after the Pahalgam attack as "absurd lies".

Chief Organiser Ahmad Jawad emphasized the need for a complete halt of trade relations until issues are resolved based on "mutual respect and equality".

The forum also slammed India's suspension of the Indus Waters Treaty, calling the decision "ridiculous and detrimental" to stability in South Asia.

"The only way forward is unity, resilience, and prioritizing Pakistan first," Jawad added.