Pakistan-Afghanistan Joint Chamber of Commerce and Industry Chairman Zubair Motiwala said that Pakistan has lost its 50 percent market share in Kabul as India has succeeded to penetrate the market. He further said that the main reason behind Pakistan's downfall in Afghan market is India, which has been providing goods at subsidised rates to capture the market and are providing air tickets with a 75 percent rebate. According to data given by the Pakistan Bureau of Statistics, exports to Afghanistan dropped to $ 1.271 billion in Financial Year 2017 from USD 1.437 billion in Financial Year 2016. Exports in the first quarter of 2017-18 stood at USD 319 million. Motiwala highlighted that "Medical tourism of Peshawar, which was mainly due to Afghans, is now at zero level; hospitals in Hayatabad are empty" as they now prefer India due to affordable treatments and concessions.

Source: dna March 04, 2018 09:22 UTC