February 25, 2020
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India news

Five months after suspending trade ties with India, Pakistan prime minister Imran Khan on Tuesday said when relations with India normalise, the world will recognize Pakistan, strategic economic potential.

Khan said this while speaking at an event in Davos, where he is attending the World Economic Forum.
“Unfortunately relations with India haven’t been great,but when it normalises, world will realise Pak’s strategic economic potential,” Khan was quoted as saying by PTI.
Mint could not immediately verify whether Khan had made the remark or the context it was made in.
The reported remark though seems curious given that Pakistan has not shown any interest in allowing progress in trade and connectivity projects under the regional South Asian Association for Regional Cooperation umbrella.
Pakistan’s position has been solving the Kashmir dispute with India is a pre requisite for starting trade ties with India. Direct trade between the two countries has not surpassed $ 3 billion dollars during times when tensions were low though trade through third countries used to be much higher officials say.
Pakistan has also stopped Indian goods travelling though it onward to Afghanistan forcing Kabul to set up air corridors for trade between India and Afghanistan.
On the other hand, Pakistan has signed up for China’s ambitious One Belt One Road imitative. Pakistan last year suspended trade ties with India in protest following New Delhi revoking a special provision in its constitution.

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