Skip to main content

US, India share desire to maintain regional stability and peace

As political tensions in South Asia have simmered down, the US and India reaffirmed their “shared desire to maintain regional stability and peace,” according to a statement by the US State Department.

The developments follow a recent military confrontation between India and Pakistan over New Delhi’s allegations against Islamabad, without evidence, about a deadly attack in occupied Kashmir’s Pahalgam.

On the night of May 6-7, New Delhi launched a series of air strikes in Pakistan, resulting in civilian casualties. Islamabad responded by downing five Indian jets. After intercepting drones sent by India and tit-for-tat strikes on each other’s airbases, it took American intervention on May 10 for both sides to finally drop their guns as a ceasefire was reached.

At the height of the conflict, US President Donald Trump warned Pakistan and India of “not doing any trade” if they did not stop fighting.

A date prior, Deputy Secretary Christopher Landau met with Indian Foreign Secretary Vikram Misri in Washington, the US State Department said. It noted that Landau “reaffirmed the close partnership between the US and India, a key component of US foreign policy for the 21st century.

“He underscored the importance of fair and reciprocal market access to fostering economic growth and prosperity in both countries,” the statement said.

It added that Landau also emphasised the importance of enhanced cooperation on migration and counternarcotics.

“The Deputy Secretary and the Foreign Secretary also reaffirmed their shared desire to maintain regional stability and peace.”

In a post on X early on Thursday, Landau spoke of his meeting with Misri, saying the US-India relationship is at a “historic zenith and represents a key partnership in the 21st Century.

“We discussed the importance of expanding fair and reciprocal trade, combatting illegal immigration, and expanding counternarcotics cooperation,” he said.

Earlier this month, Trump said that India had offered a trade deal that proposed “no tariffs” for American goods while expressing his dissatisfaction with Apple’s plans to invest in India.

New Delhi is seeking to clinch a trade deal with the US within the 90-day pause announced by Trump on April 9 on tariff hikes for major trading partners.

The US is India’s largest trading partner, with bilateral trade totalling some $129 billion in 2024. The trade balance is currently in favour of India, which runs a $45.7bn surplus with the US.



from The Dawn News - Home https://ift.tt/lY2eKSP

Comments

Popular posts from this blog

Ministers rubbish notion that proposed retirement age extension to favour ‘one particular institution’

Information Minister Attaullah Tarar on Tuesday rubbished the notion that a proposed extension in the retirement age was to favour “one particular institution”, adding that the move would be implemented across the board if approved. The rebuttal comes in the wake of media reports claiming that the government was mulling changes to the Constitution to fix the tenure of the chief justice . Currently, judges of the Supreme Court, including the chief justice, retire after attaining the age of superannuation, i.e. 65 years, as stipulated in Article 179 of the Constitution. While giving his opinion recently on the reports of the constitutional amendment, Law Minister Azam Nazeer Tarar had said he “will not vehemently turn down the proposals related to the tenure of the chief justice”. Addressing the issue during a press conference in Islamabad today along since Finance Minister Muhammad Aurangzeb and the law minister, Attaullah said the extension in the retirement age was “a proposal to a...

Explainer: Iran’s economy faces rocky road amid rising prices, falling currency

Iran’s economy is going through one of its most difficult periods in years, fueled by sanctions, high inflation, and a significant drop in the value of the national currency, the rial. These pressures have had a direct impact on living standards and have also fueled recent protests. The protests began on Dec. 28 in commercial hubs in the capital Tehran, when shopkeepers, merchants, and small business owners staged strikes and demonstrations to protest soaring inflation, the collapsing rial, and deteriorating economic conditions, and have since grown into nationwide anti-government expressions of discontent involving workers, students, and others across multiple cities. The Iranian president said Sunday that his government is determined to address Iran’s economic problems amid the protests. Masoud Pezeshkian said the government admits to “shortcomings and problems” and is working hard to alleviate the people’s concerns, especially on the economy. Currency collapse at the centre of c...

The Republican primary race for president in 2024

The Republican primary race for president in 2024 is already shaping up to be a competitive one. There are a number of high-profile candidates who have already announced their intention to run, and more are expected to join the field in the coming months. The frontrunner for the nomination is former President Donald Trump. Trump has been teasing a 2024 run for months, and he has a large and loyal following among Republican voters. However, he is also a polarizing figure, and his candidacy could alienate some moderate Republicans. Another potential contender for the nomination is Florida Governor Ron DeSantis. DeSantis has been praised by many conservatives for his handling of the COVID-19 pandemic and his opposition to vaccine mandates. He is also seen as a rising star in the Republican Party. Other potential candidates include former Vice President Mike Pence, former Ambassador Nikki Haley, and Senator Tim Scott. Pence is a more traditional Republican who could appeal to moderate vote...