Pakistan exports to India decline

Pakistan cement exports to India have registered a decline of 15.67 per cent in the first quarter of current fiscal year, standing at 137,742t compared to 163,340t exports in the same period of last year, said Aizaz Mansoor Sheikh Chairman Association of Pakistan Cement Manufacturers (APCMA).

Exports to India have been in constant decline ever since the two countries opened their borders for liberal bilateral trade, according to industry sources.

Pakistan traders blame the stringent Non-Tariff Barriers (NTB) erected by India for the constant decline in exports to the latter.

Pakistan’s cement sector was expecting a rise of at least 0.5Mt in the last fiscal due to the easing of NTBs by India which did not transpire.