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COVID-19:Pakistan’s exports to Afghanistan moves down by 13 pct

| @indiablooms | Mar 26, 2021, at 05:24 pm

Pakistan’s exports to regional countries, including Afghanistan, has dropped by 22 percent in the first phase of eight months of the current fiscal year  amid spike in COVID-19 pandemic, media reports said.

Exports to Afghanistan, China, Bangladesh, Sri Lanka, India, Iran, Nepal, Bhutan and the Maldives fell to $1.171 billion from $1.504bn in the previous year, indicate data of the State Bank of Pakistan as reported by Pajhwok Afghan News.

The country’s exports to Afghanistan declined 13.6 percent to $629.324 million from $728.315 million. A few years ago, Afghanistan was the second largest export destination after the US, the Afghanistan news agency reported.

Pakistan is witnessing a surge in COVID-19 cases in recent times.

The country has recorded 14028 deaths due to the virus so far.

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