New Delhi, April 26 -- Ajay Sahai, Director General and CEO of the Federation of Indian Export Organisations (FIEO), on Friday explained the trade implications between India and Pakistan following the April 22 Pahalgam terror attack, saying that Pakistan is likely to face significant challenges due to the resulting disruption.

He noted that trade relations between the two nations have historically been strained, and the recent developments could further deteriorate the situation for Pakistan.

"India did not have good trade relations with Pakistan in any case. Pakistan denied India India Most Favoured Nation (MFN) status, and we imposed a 200 per cent tariff... So it's not great looking into the numbers in comparison to India's overall e...