banner-img

Learning can be easier with EX - Library.

Explore our newest feature, a reliable informational resource you've been looking for!
Join |
Pakistan cancels decision about allowing trade with India
473 views
0 comm

Pakistan cancels decision about allowing trade with India

Staff

According to Pakistan's foreign minister, the Cabinet has decided to call off the decision regarding the allowing of the resumption of partial trade with India, its nuclear-rival neighbor.

The cancellation came after opposition parties in Pakistan slammed the lifting of a two-year-old ban on the import of sugar and cotton from India, claiming that the government had acted without the approval of parliament and tried to normalize relations with New Delhi without first resolving the Kashmir conflict. This decision highlights the vulnerability of Prime Minister Imran Khan’s government, which, at the moment, cannot risk being perceived as backing down on the issues concerning India and Kashmir.

According to Foreign Minister Shah Mahmood Qureshi, a Cabinet meeting chaired by Prime Minister Khan has concluded that Pakistan's trade with India will be suspended until New Delhi reverses its 2019 decision that stripped the Indian-controlled section of Kashmir of its special constitutional status and statehood. Foreign Minister Qureshi believes the ban’s lifting led to the mistaken impression that all ties with India had been normalized.

Exima

Pakistan's Finance Minister Hammad Azhar also announced that following a decision made by the country’s top commerce decision-making body, the economic coordination council, the government would allow for the import of cotton and 0.5 tons of sugar from India.

The disputed Himalayan region of Kashmir is divided between India and Pakistan, but both claim it entirely. Since gaining independence from Britain in 1947, the archrivals have fought two of their three wars over Kashmir.

Thus, the dispute between the two countries has been continuing for well over fifty years now. There are numerous other similar cases involving different countries all over the world as well. Even though there is no armed conflict in a region, a political conflict brings various disadvantages to all parties involved. According to various studies, political, armed, and even social conflicts can stymie social and economic development. Thus, ​​despite their historical and cultural ties, Pakistan and India have an unresolvable conflict, which is an insurmountable barrier to their well-being and relations.

Stay in the Loop with EXIMA News

EXIMA News is here to provide you with all the latest updates on global news. Take a look at our News Page to learn more about current events!

You May Also Like

Aug 24
2021
US-Canada trade relations under strain

Come take a look at our blog to learn more about how Canada's dairy practices are further exacerbating trade relations and tensions between the US and Canada.

Staff
Comments (0)
Sep 01
2021
New Zealand looks to improve ties with Australia

Although New Zealand's relationship with Australia has deteriorated in recent years, the country is now making significant efforts to repair the relationship. Here's why.

Staff
Comments (0)
This website uses cookies. By using this website, you consent to our use of these cookies