CAIT announced to end all business deals with Pakistan from May 1, this will be a big impact on Pak – Cross Talk India
India The largest organization of traders, the Conference of All India Traders (CAIT) has decided that no business contracts will be made with Pakistan from May 1. At the same time, whatever has been contracted so far, all will be canceled. The decision was taken at the all -India meeting of the Confederation of All India Traders held in Bhubaneswar. Let us tell you that there are about 9 crore merchant members of Confidence of All India Traders across the country. The chairman of the committee, BC Bharatiya, said that the meeting of Bhubaneswar included representatives of all states, in which it was decided to abolish all business deals with Pakistan. He told that businessmen from Pakistan do business of about 1 lakh crore rupees through cat.
Pakistan has business of these goods
Indian said that traders of India do sugar, cement, iron, vehicles parts, electrical goods, but now they have decided that now they will not do this business from 1 May, these traders have also said to inform the Prime Minister’s Office, Finance Minister Office, Commerce Ministry. He said that on the one hand the government has stopped water, on the other hand traders also consider themselves as soldiers of the country, under which they have decided to break the merchant relationship with Pakistan, financially, Pakistan will also be weakly weakened by this decision.
Dry fruits come from Pakistan
The organization says that dry fruits demand traders of India from there, but the traders of the area said that they would cancel all the contracts. It is worth noting that after the Pulwama terror attack in 2019, there was a lot of business related to India and Pakistan. As a result, there was a huge decline in trade between the two countries, in the year 2018 there was an annual trade of about $ 3 billion between India and Pakistan, which remained at $ 1.2 billion in 2024.
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