Why Pakistan's new government wants to reopen trade routes with India now?
Pakistan's newly appointed Foreign Minister Ishaq Dar, in a recent press conference in London, conveyed the government's «serious intent» to reassess trade relations with India. This statement marks a significant departure in diplomatic stance since August 2019.
Why Pakistan wants to improve trade ties with India Now?
Dar's announcement aligns with the objectives of the new government's five-year plan, which aims to rejuvenate economic ties, especially with neighboring countries like India, in order to facilitate the economic recovery of cash-strapped Pakistan. Emphasizing the economic challenges faced by Pakistan, Dar stressed the necessity of a comprehensive roadmap to lead the country towards economic prosperity.
Pakistan’s Economic Challenges
Shehbaz Sharif's coalition government faces the daunting task of addressing Pakistan's economic challenges as it takes office following the February 8 elections. Economic recovery stands as a pressing issue that demands immediate attention.
Strained Bilateral Ties
The deterioration in relations between India and Pakistan stemmed from India's abrogation of Article 370 and the revocation of Jammu and Kashmir's special status. In response, Pakistan suspended trade ties and downgraded diplomatic relations, citing these actions as detrimental to bilateral talks. Pakistan consistently urges India to reverse its actions in Kashmir for dialogue, while India asserts that such matters are internal and rejects Pakistan's demands.
India's Stance
India has reiterated its desire for
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