Published 11:59 IST, March 24th 2024

Pakistan mulls resuming trade ties with India: Foreign minister

The announcement reflects deviation from Pakistan's previous stance, suggesting a re-evaluation of its diplomatic approach towards India.

Reported by: Business Desk
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Pakistani Foreign Minister Muhamm Ishaq Dar conveyed Pakistan's earnest consideration to restore tre ties with India, marking a potential shift in diplomatic dynamics between two countries.

Highlighting fervour within Pakistan's business community to reignite tre relations with India, Dar stressed on economic significance of such a move for Pakistan, particularly in light of its current financial challenges.

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"Pakistani businessmen are keen to resume tre with India," remarked foreign minister, indicating country's willingness to explore avenues for tre collaboration.

announcement reflects deviation from Pakistan's previous stance, suggesting a re-evaluation of its diplomatic approach towards India.

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Pakistan has consistently maintained that responsibility for improving relations lies with India, urging it to reverse its decisions regarding Kashmir as a precursor to resuming talks.

However, India has remained stefast in its position, asserting integral nature of Jammu and Kashmir and stressing its sovereign right to implement measures for region's development and governance.

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Recent social media exchanges between Indian Prime Minister Narendra Modi and Pakistan's newly elected Prime Minister Shehbaz Sharif have also sparked optimism for improved diplomatic ties.

Sharif's coalition government, which assumed power after February 8 elections, faces major economic challenges that necessitate urgent attention and reform initiatives.

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prospect of reestablishing tre ties with India holds promise for Pakistan's economic recovery, providing avenues for growth and collaboration in face of daunting financial circumstances.

(With PTI inputs)
 

11:59 IST, March 24th 2024