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Monday
April 2019
2:23 AM IST
News Headlines
SP-BSP-RLD, an alliance of hearts rather than parties: Akhilesh        CM Nath regime intimidating officials: Shivraj Singh Chouhan        Bairstow and Warner lead Sunrisers to 9-wicket victory        Dhoni''s 84* goes in vain as RCB win 1-run thriller against CSK        Sri Lanka serial blasts : Seven arrested over multiple blasts        Pak Prime Minister Imran Khan arrives in Iran        Serial blasts rip through Lanka on Easter Sunday: 228 dead, 450 injured        US confirms deaths of several Americans in Sri Lanka blasts        Pakistan deplores India''s decision to suspend cross-LoC trade        Multiple blasts likely to have "adverse impact" on Lankan tourism: tour operators        Kerala CM condemns terrorist attack in Sri Lanka        French Police detain over 120 people amid Yellow Vest rallies in Paris        Gunmen kill 2 in north Nigeria        Amit Shah: K Surendran represents believers all over world        Asking vote for those who insulted Ambedkar is stooping to new low: Yogi to Mayawati        Congress destroyed nation for last 60 years: Gadkari        Smith guides RR to five wicket win over Mumbai Indians        Iyer, Dhawan half centuries guide DC towards victory against Punjab        KCCI Cross LoC trade becomes a casualty of apathy, says Kashmir industry        TATA Group team meets J&K Governor        
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Business News
Pakistan deplores India''s decision to suspend cross-LoC trade
 
Islamabad: Pakistan on Sunday deplored India''s "unilateral" decision to suspend cross-LoC trade and rejected the allegations regarding its "misuse" by elements from across the border to smuggle weapons, narcotics, fake currency and foment terrorism. Hardening its stand against Pakistan, India on Thursday indefinitely suspended cross-border trade at two points along the Line of Control in Jammu and Kashmir after reports of very large scale "misuse" of the cross-LoC trade.

Pakistan''s Foreign Office said the Indian action was based on "groundless accusations" that this mechanism is being used for smuggling, narcotics, fake currency and terrorism. "This litany is all too familiar and in line with India''s frequent attempts to portray legitimate activities of the people," in Jammu & Kashmir as linked to terrorism, the FO said. The FO said the cross-LoC trade has been one of the functional Confidence-Building Measures (CBMs) between the two countries, which came about after arduous diplomatic efforts.

"The unilateral suspension of this Kashmir-related CBM indicates that India is seeking to reverse even the modest gains made by the two countries in the diplomatic domain. Its suspension without consulting Pakistan is deeply regrettable," it said. The FO said the suspension of the cross-LoC trade adds to the economic hardship and further squeezes the segment of people who could modestly benefit from this facility. "In our view, there are better ways of dealing with issues relating to implementation, if any, than resorting to unilateral suspension of important CBMs," the FO said.

"We urge India to refrain from taking unilateral measures and resolve differences through constructive engagement with a view to transitioning from conflict to cooperation," it added. The LoC trade, at present, is conducted through two trade facilitation centres located at Salamabad in Uri of Baramulla district, and Chakkan-da-Bagh in Poonch district.


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KERALA NEWS
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INTERNATIONAL NEWS
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NATIONAL NEWS
SP-BSP-RLD, an alliance of hearts rather than parties: Akhilesh
 Etawah: Against the backdrop of allegations from the Bharatiya Janata Party that Bahujan Samaj Party
CM Nath regime intimidating officials: Shivraj Singh Chouhan
Asking vote for those who insulted Ambedkar is stooping to new low: Yogi to Mayawati
Congress destroyed nation for last 60 years: Gadkari
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