Addressing NTBs in Indo Pak Trade: Implications for South Asia

Indo Pak TradeSpeakers at a panel discussion emphasize the importance of normalization of trade ties between India and Pakistan, in order to increase trade volume between the two rival neighbors. Experts, while dilating upon “Addressing Non-Tariff Barriers in Indo-Pak Trade: Implications for South Asia”, believe that the volume of informal trade between the two countries is much higher than the formal trade, mainly due to then on-tariff barriers. They are of the view that lack of transparency, market imperfections and information asymmetries, on both sides, raise the transaction costs and restrict the market access to several aspiring traders in the region.

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