India and Pakistan recently renewed their dialogue over the countries’ moribund trade relations, with Pakistan indicating it is considering extending most favored nation status to India. In an email interview, Mohsin S. Khan, a senior fellow at the Peterson Institute for International Economics and a former director of the Middle East and Central Asia department at the International Monetary Fund, discussed India-Pakistan trade relations. WPR: What is the status quo of trade relations between India and Pakistan? Mohsin S. Khan: Trade between India and Pakistan is negligible, amounting to only $1 billion to $2 billion a year, reflecting very poor […]
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