Sunday, July 12, 2020  | 20 ZUL-QAADAH, 1441
Samaa TV
Facebook Twitter Youtube
HOME > Geopolitics

What’s up with India’s onion crisis? 

SAMAA | - Posted: Oct 9, 2019 | Last Updated: 9 months ago
Posted: Oct 9, 2019 | Last Updated: 9 months ago
What’s up with India’s onion crisis? 


India and Pakistan were once described as ‘natural trade partners’. If the two neighbouring countries shared friendly relations then trade between them would’ve flourished bringing economic benefits to both of them.

In wake of heightened political tensions, Pakistan suspended bilateral trade with India on August 9, 2019. This was after exercising restraint from retaliating in February 2019 when India had suspended cross-border trade and withdrawn Pakistan’s MFN status, and imposed 200% import duty on Pakistani products in contravention of commitments under the South Asian Free Trade Agreement (SAFTA).

Since then the bilateral trade reduced to unilateral trade — Indian exports continued unabated at a monthly average of $150 million while Pakistan’s decreased from $30 million to $4 million. Pakistan’s decision to suspend bilateral trade has pulled the plug on this one-way trade.

Neither Pakistan nor India is critically dependent on each other’s market, though the suspension of bilateral trade might, in the short term, affect the consumer welfare by increasing prices of a few agricultural and other products.

Here is a short video on why India is facing a shortage of onions and what it can do to solve it.

Follow SAMAA English on FacebookTwitter, and Instagram.

FaceBook WhatsApp

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp

India, onion
Woman slaps traffic police warden in Lahore
Video: Karachi cools down after monsoon rains
PMT catches fire in Karachi’s Pak Colony
PUBG ban: Company says PTA issued notice prior to ban
Is Karachi ready for three days of rain?
Karachi rain forecast fails to save people from misery
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp