Pakistan, India resume barter trade amid tensions - News Summed Up

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Pakistan, India resume barter trade amid tensions


Hostilities between the nuclear-armed neighbours escalated dramatically late last month, after a suicide attack in the Pulwama district of Indian-controlled Kashmir on February 14. Firing along the border became a common sight, disrupting trade and travel. Trade across the LoC operates on a barter system, where no money is exchanged. “I send cumin and chilli seeds to Pakistan and in return order prayer mats and cloth,” he said. It is all trust-based trade but it is working.”Indian traders export cumin, chilli pepper, cloth, cardamom, bananas, pomegranate, grapes and almonds.


Source: The Express Tribune March 05, 2019 15:21 UTC



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