In Islamabad, Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, called for improved relations with India, stating "it takes two to tango." He emphasized the importance of creating a conducive environment for better trade ties between the two nations. Dar's comments were made during a press conference focused on Pakistan's efforts to stabilize its economy and enhance diplomatic relations.
Pakistan's economy is struggling due to the 2022 floods, high inflation, and political instability. These issues have led to crises in meeting food and energy needs, forcing Pakistan to seek financial assistance from the International Monetary Fund (IMF) and friendly countries like Saudi Arabia and China. The halt in trade with India has further strained Pakistan's foreign exchange reserves.
Earlier, Bangladesh's Chief Advisor Muhammad Yunus met with Pakistan's Prime Minister Shehbaz Sharif in Cairo during the D-8 summit. They agreed to enhance bilateral relations through increased trade, commerce, and cultural exchanges. Yunus invited Dar to visit Bangladesh in February, which he accepted. They also discussed reviving the South Asian Association for Regional Cooperation (SAARC) and resolving historical issues from 1971 to improve future relations.
Prime Minister Sharif expressed a strong desire to strengthen ties with Bangladesh, referring to it as a "brother-in-country."
Deputy PM stands for Deputy Prime Minister. This is a person who helps the Prime Minister in running the country and can take over if the Prime Minister is not available.
Ishaq Dar is a politician in Pakistan who is serving as the Deputy Prime Minister. He is involved in managing the country's finances and economy.
Bilateral relations refer to the relationship between two countries. In this case, it means the relationship between India and Pakistan.
A conducive environment means a situation or setting that is favorable or helpful. Here, it means creating a good atmosphere for trade between India and Pakistan.
IMF stands for International Monetary Fund. It is an organization that helps countries by providing financial support and advice when they face economic problems.
Foreign reserves are the money or assets that a country holds in foreign currencies. They are used to pay for imports and manage the country's currency value.
SAARC stands for South Asian Association for Regional Cooperation. It is a group of South Asian countries, including India and Pakistan, that work together to improve economic and regional cooperation.
Muhammad Yunus is a well-known economist from Bangladesh. He is famous for his work in microfinance and helping poor people get small loans to start businesses.
Shehbaz Sharif is the Prime Minister of Pakistan. He is responsible for leading the government and making important decisions for the country.
Your email address will not be published. Required fields are marked *