PAKISTAN EYES TRADE REBOOT, AWAITS INDIA'S GREEN LIGHT
The Business Guardian|March 30, 2024
Resuming business with its larger, fast-growing neighbour clearly makes sense, but Indian companies will require some convincing
PAKISTAN EYES TRADE REBOOT, AWAITS INDIA'S GREEN LIGHT

Last week, Pakistani Finance Minister Ishaq Dar surprised many by mentioning, almost casually, that the new government would “thoroughly examine trade matters with India.” This potential revival of trade relations signals a significant shift for Pakistan, which severed economic ties after Indian Prime Minister Narendra Modi unilaterally revoked Kashmir’s special constitutional status in 2019. Previously, Pakistani leaders had maintained that relations wouldn’t be restored until the decision was reversed.

In the realm of geopolitics, the recent statement by Pakistani Finance Minister Ishaq Dar regarding the potential resumption of trade ties with India might not be as surprising as it initially

seems. Delving deeper, it’s evident that the Pakistan Muslim League-N, led by former Prime Minister Nawaz Sharif, comprises a unique coalition of semiurban petty bourgeoisie and influential industrialists. This alliance has long recognized the mutual benefits, both economic and strategic, of fostering normalized trade relations with India.

この蚘事は The Business Guardian の March 30, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は The Business Guardian の March 30, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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