Skip to main content

Posts

Showing posts from December, 2018

ANALYSIS: Abu Dhabi process does more than bringing US, Taliban on the table

Since September, US State Department Special Envoy, Zalmay Khalilzad has been making diplomatic efforts to bring about a peace settlement in Afghanistan prior to the presidential elections scheduled in April, 2019 in the country. Achieving a breakthrough recently, talks were initiated between the US and Afghan Taliban teams in Abu Dhabi this week. Held in the presence of officials from Pakistan, Saudi Arabia and the UAE, these talks are the second time that the US has been facilitated by Pakistan in establishing direct contact with the Afghan Taliban. Last held in July 2015 in the hill resort of Murree outside Islamabad, the first round of talks had yielded no result. Seeking to end the 17-year long conflict, Washington has engaged in the dialogue but avoided mentioning any direct contact between Khalilzad and the Afghan Taliban. ALSO READ:  With eye on Taliban, China, Afghanistan and Pakistan urge trilateral cooperation Officially, the announcement was that meetings i...

Will Kartarpur Corridor bring paradigm shift in India, Pakistan ties?

Amid the friction prevailing between South Asian neighbors India and Pakistan, the launching of the Kartarpur Corridor is nothing less than a paradigm shift for this region. First proposed by India in 1999 when the then Prime Minister Vajpayee visited Lahore, this channel could not be built due to lack of trust between the two nations. After many years, the debate over opening Kartarpur re-started when cricketer turned politician Navjot Singh Sidhu attended the swearing in of his old friend Imran Khan as the Prime Minister of Pakistan. At this occasion the Pakistani army chief General Bajwa told him that Pakistan was thinking of opening the corridor. Even though Sidhu faced a severe backlash for being “over friendly” in Pakistan once he went home, his visit has proved to be a catalyst in re-energizing Indo-Pak relations. ALSO READ:  Imran Khan’s first 100 days Considering that both countries do not get along most of the time, the breakthrough is nothing less than a mira...

Intra-regional trust deficit bogs down fastest growing states in South Asia

Recently, the Sustainable Development Policy Institute (SDPI) in Islamabad hosted the 11th South Asia Economic Summit. At the event, leading World Bank economist Sanjay Kathuria presented his report, “Glass Half Full: The Promise of Regional Trade in South Asia,” which is an analysis of future economic prospects for the region. Being the world’s fastest growing region, South Asia represents a massive market but the ratio for intra-regional trade remains a negligible 5 percent due to lack of trust and neglect. In comparison, 50 percent of the trade in East Asia and the Pacific region is within its immediate neighborhood. Trade barriers Identifying the four main impediments that slow down trade within this region, Kathuria specified connectivity costs, mutual trust deficit, tariffs and para tariffs as well as some real and perceived non-tariff barriers as the main factors. Apparently, costs of trade within South Asia are more than double the average rates around the world, ...

Awaiting the G20 Summit

Happening just a week from now in Buenos Aires, this year’s Group of Twenty (G20) summit carries added significance as it holds potential to break ice between the US and China. According to reports, a ‘meeting plus dinner’ would take place between President Trump and President Xi, giving them more opportunity to settle issues in a casual setting, his would also be their first face- to- face meeting in a year. Ending the trade war is in everyone’s interest as US-China relations have a trickle-down effect on global markets and an adverse impact on global growth. Consequently, the G20 promises to be in the limelight in the coming days. Just to add perspective; the G20 was raised to summit level in the aftermath of the global financial crisis in 2008. Impacting 85 percent of the world economy, it represents two -thirds of the world’s population and 75 percent of world trade. Successfully bringing together the world’s leading industrialized and emerging economies, the group cons...