A new study by the Sustainable Development Policy Institute in 2013 estimates that the value of informal flow of trade from India to Pakistan is $ 4.2 billion annually At a time when Pakistan has deferred granting Most Favoured Nation (MFN) status to India, a new study by the Sustainable Development Policy Institute (SDPI) in 2013 estimates that the value of informal flow of trade from India to Pakistan is $ 4.2 billion annually. On the other hand while such flows have narrowed the demand-supply gap in various product categories and created livelihoods, the study observes that this expansion in informal trade is hurting the manufacturing community. The study says given the large volumes of informal trade, it is in the interest of the Pakistan government to move fast and adopt measures that lead to formalisation of trade.

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