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    <title>Despite brief military conflict, India-Pak trade persisted in May</title>
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    <description>Trade persisted between Pakistan and India in May despite a military conflict and border closures, largely via third country routing and pre conflict payments; official data show a rise in recorded imports during July-May FY25 and negligible recorded exports, illustrating a pronounced trade imbalance. Continued flows are attributed to alternative transit through regional hubs, prior payment arrangements, and structural incentives such as high domestic production costs and reliance on imported inputs, indicating that formal suspension measures do not fully prevent cross border commerce.</description>
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