In the wake of terror activities by Pakistan, Indian Tea Association (ITA) has announced that it was ready to suspend tea trade with Pakistan if the Government wished so. ITA has taken this decision in the wake of recent Uri attacks.
On Tuesday, ITA chairman Azam Menom said, “Pakistan is a fair weather friend as far as tea is concerned. Suspending trade with Pakistan will not have much impact in terms of exports. Because Out of 230 million kg of tea exports, Pakistan accounted for only 15 to 18 million kg. And Pakistan generally buys from Sri Lanka and Kenya, they buy from India only when the prices are cheaper here.”
The ITA chairman said 80 percent of tea imported by Pakistan was of the south Indian variety. The balance 20 per cent is sourced from north India, he added.
India’s thrust export markets were Russia, Kazakhstan, the US, China, Iran, Egypt and Latin America.
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