After the unceremonious ouster of Imran Khan from the seat of government in Pakistan and the promulgation of Shehbaz Sharif as Prime Minister, there have been signs of a thaw in India-Pakistan relations. It was reported that the Pakistan Army chief, General Qamar Bajwa, had countenanced backchannel talks and a “limited trade resumption package” with India. This was to help alleviate some of the stresses on Pakistan’s flailing and cash-strapped domestic economy that was veering on the edge of a default in the face of a widening current account deficit and high inflation brought on by the after-effects of a global novel coronavirus pandemic, unprecedented floods, and decades of poor planning. (Read More)
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