Global Trade

Bypassing Barriers: How Indian Goods Enter Pakistan Despite Trade Freeze

In the wake of the April 22 terror attack in Pahalgam, the Global Trade Research Initiative (GTRI) has highlighted how Indian goods continue to reach Pakistan despite trade restrictions. According to GTRI estimates, Indian products worth over USD 10 billion annually make their way to Pakistan using third-country routes. Exporters...

Trump’s Tariffs May Shrink Global Trade By 1% In 2025, Warns WTO

The World Trade Organization (WTO) has warned that US President Donald Trump’s latest tariff measures could result in a 1% contraction in global merchandise trade volumes this year, adding fresh concerns over the potential escalation of trade wars. WTO Director-General Ngozi Okonjo-Iweala said on Thursday that the organization is closely...