Kashmir conflict takes toll on India and Pakistan economies
Business groups step up calls to improve economic ties
An activist sets on fire an effigy of Indian Prime Minister Narendra Modi during a protest to express solidarity with the people of Kashmir on International Human Rights Day in Karachi, Pakistan, on Dec. 10.
NEW DELHI -- India and Pakistan's territorial conflict over the Kashmir region is starting to cast a shadow over the nations' respective economies.
Pakistan is feeling the effects of the suspension of medicine and cotton supplies from India, while economic losses to India caused by the dispute are estimated to have exceeded $1.4 billion to date.
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