The Pak Banker

Pakistan to consider resuming trade with India: FM

- LONDON -APP

Foreign Minister Ishaq Dar has said Pakistan will mull reviving trade relations with India years after they were suspended due to Narendra Modi-led government's decision to abrogate the semi-autonomy of Indian Illegally Occupied Jammu and Kashmir (IIOJK).

“Pakistani businessme­n want trade with India to resume,” the foreign minister said while addressing the media at the Pakistan High Commission in London at the end of his visit to the UK and Europe on Saturday.

Pakistan downgraded its ties with India after the Modi-led government unilateral­ly changed the special status of the occupied valley in August 2019 — the decision that Islamabad believed undermined the environmen­t for holding talks between the neighbours.

Pakistan has linked its decision to normalisin­g ties with India with the restoratio­n of the special status of the IIOJK. Despite the frosty ties, the two countries agreed to renew the 2003 ceasefire agreement along the Line of Control (LoC) in February 2021.

Lately, Indian PM Narendra Modi congratula­ted Shehbaz Sharif on becoming the head of Pakistan’s government, prompting hopes for a diplomatic thaw.

“Congratula­tions to [Shehbaz Sharif] on being sworn in as the prime minister of Pakistan,” Modi wrote in a brief message on X, formerly Twitter.

Shehbaz Sharif responded days later with an equally curt post, thanking Modi for his “felicitati­ons”.

In the same presser, Dar condemned threats to the family of Donald Lu, the US Assistant Secretary of State accused by former prime minister Imran Khan of playing a role in the fall of his regime in April 2022.

At the Congressio­nal hearing “Pakistan After the Elections: Examining the Future of Democracy in Pakistan and the US-Pakistan Relationsh­ip”, the US assistant secretary revealed his family had received threats after allegation­s against him by the former Pakistan PM.

Dar said: “Threats to his wife are unfortunat­e as he said in his opening statement. He revealed this at the sponsored US congress hearing that his wife was threatened. What happened is sad, regardless of who made threats to Lu’s wife. This reflects badly on Pakistan, no matter who is involved.”

Dar said that this would be good if overseas Pakistanis became apolitical while living abroad and thought only about the state and not their political parties.

At the hearing, Donald Lu termed the allegation­s against him which formed the crux of the ‘cablegate’ cipher controvers­y by the former as a “conspiracy theory, lie and complete falsehood”.

 ?? -APP ?? LAHORE
Federal Minister for Industries and Production's Rana Tanveer Hussain visit of USC Store at Shadman.
-APP LAHORE Federal Minister for Industries and Production's Rana Tanveer Hussain visit of USC Store at Shadman.

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