Pakistan a neighboring country of Afghanistan is loosing it business grip. Pakistan's market has diminished because of India's growing proximity and friendship with Afghanistan, its direct impact has been on Pakistani markets in Kabul. Zubair Motwala, chief of Joint Chamber of Commerce and Industry of Afghanistan, said that Pakistan has lost its 50 percent share market in Kabul. While India has succeeded in making its entry into the Afghan market.
Pakistan's newspaper The Dawn has written while mentioning Motiwala, that Pakistan's trade with Afghanistan has fallen from $ 2.7 billion last year to $ 1.2 billion this year. Said that in two years Pakistan has also suffered a loss in its traditional market here. As the basics of the market, there is a lot of losses in the markets of flour, cloth and red meat.
He further said that India is the main reason for the fall of Pakistan's market in Afghanistan. India is selling commodities at cheaper prices to make its grip in the market, as well as providing air tickets at 75 percent less.
According to the figures of the Pakistan Bureau of Statistics, the imports of goods in Afghanistan in fiscal year 2017 declined by $ 1.271 billion. Which was $ 1.437 billion in the financial year 2016. It has been said that imports in the first quarter of 2017-18 have gone up to $ 319 million.
Motiwala said, Medical tourism of Peshawar, which mainly works for Afghanistan, has now gone to Zero level. Hospitals in Pakistan are lying vacant in Hyderbad. Because Afghan citizens are now giving priority to India for all these things as India is providing facilities for treatment at cheap prices.