India-Pakistan Trade

An exchange on Twitter

  1. With zero progress on territorial disputes, this is over-optimistic. The Economist on #India and #Pakistan trade econ.st/IL7eg2
  2. . @myraemacdonald Pakistan hurts itself by seeing trade as a concession to India. Pakistan's economy needs the boost much more than India's.
  3. @dhume01 Still think the "peace process" will run out of steam if there is, as appears to be the case, zero movement on territorial disputes
  4. @myraemacdonald That is possible. But it would hurt Pakistan's economy much more than India's. Trade is a win-win, not a favor to New Delhi.
  5. @dhume01 But hang on, if we only talking about trade as a win-win, rather than negotiation of disputes, there is no peace process as such
  6. @myraemacdonald That's not true. Robust economic ties will create constituencies for peace on both sides.
  7. @dhume01 Meaning that at some point in the future we end up settling on the status quo?
  8. @myraemacdonald In short, both sides would benefit from more trade even if neither budged an inch on Siachen, Sir Creek or Kashmir.
  9. @dhume01 But India is the status quo power here. So freezing territorial disputes while improving trade favours India in those disputes.
  10. @myraemacdonald Not necessarily. Closer economic links may create conditions to break logjams. But old approach is a recipe for failure.
  11. @myraemacdonald Yes. But freezing trade hurts Pakistan more financially without giving it any more traction on territorial disputes.
  12. @dhume01 There needs to be a half-way house to show good faith. eg send joint teams of scientists to Siachen, acknowledge it is disputed
  13. @dhume01 What troubles me is when at same time that we see trade improving, Indian media narrative hardens on territorial disputes (1/2)
  14. @dhume01 Admit that some of that media narrative is directed towards the Indian PM rather than Pakistan, but still
  15. @myraemacdonald Would be good to resolve all disputes. Am merely pointing out the error in linking them with the low hanging fruit of trade.
  16. @myraemacdonald Key to the conundrum: both sides need to stop thinking of trade as a favor to the other. 1/2
  17. @dhume01 You are right. When I did a piece i n1997 on 50 years of India-Pakistan and explored trade ties, I heard 1/x @myraemacdonald
  18. @dhume01 this interesting story. When Karachi businessmen went to Zia asking for trade liberalisation w India 2/x @myraemacdonald
  19. @dhume01 Zia said no; he said he didn't want a fifth column within Pakistan - the business community Here's that piece 3/x @myraemacdonald
  20. @myraemacdonald The idea of linking economics with extraneous issues is Pakistani and is partly responsible for its parlous state. 1/2
  21. @myraemacdonald @dhume01 indian media narrative stems from opposition's politics,bt in Pakistan its rooted in army defined security paradigm
  22. @myraemacdonald If Pakistan outgrows this self-destructive way of thinking, it benefits along with India. If not, we're back to square one.
  23. @saliltripathi Thanks. That's really useful. Want to write something on this so great to have your piece to refer to. @dhume01

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dhume01

writer, columnist, policy wonk

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