Meeting with India requested in larger interest of region — Pakistani FM

Pakistani Foreign Minister Shah Mehmood Qureshi claimed that India has priorities other than dialogue, adding that, “It seems that India is already preparing for its elections due in the country next year.” (REUTERS)
Updated 21 September 2018
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Meeting with India requested in larger interest of region — Pakistani FM

  • A group in Delhi does not want talks to take place, alleges Qureshi
  • Pakistan extended the offer despite possessing evidence of Indian interference in Balochistan, said the FM

ISLAMABAD: Foreign Minister Shah Mehmood Qureshi, reacting to India’s decision to cancel talks on Friday said, “Pakistan had requested for the meeting in the larger interest of the region.”
The FM claimed that India has priorities other than dialogue, adding that, “It seems that India is already preparing for its elections due in the country next year.” Speaking to local news outlet Express Tribune said, there is a group in New Delhi that does not want talks to take place.

Qureshi further stated that Islamabad would also not feel the need to respond in haste if India were to approach Pakistan for dialogue in the future. “Pakistan extended the offer despite possessing evidence of Indian interference in Balochistan,” said Qureshi.
The foreign minister reiterated dialogue is the only way to resolve issues.
A day after accepting Prime Minister Imran Khan’s invitation for a rare informal meeting, on the sidelines of the UN General Assembly (UNGA) in New York next week, India, on Friday called off the meeting.
Indian Minister of External Affairs (MEA) spokesperson, Raveesh Kumar confirmed the decision to Indian media, citing the “killing of Indian security forces” allegedly by Pakistani entities and the release of postage stamps allegedly glorifying terrorists as the reasons behind the cancelation of the talks.
“Prime Minister Imran Khan’s true face is in front of us,” he said. “There is no point in holding talks with Pakistan in such an environment,” he added.
In the letter sent to Prime Minister Narendra Modi, PM Khan had proposed a meeting between Indian Foreign Minister Sushma Swaraj and her Pakistani counterpart, Shah Mahmood Qureshi. He said that an informal meeting of the South Asian Association of Regional Cooperation (SAARC), on the sidelines of the UNGA, would be the ideal platform to kick-start dialogue.
While Kumar confirmed that India had agreed to Pakistan’s request for a meeting, he was quick to clarify when he said, on Thursday, that “This should not be confused with the resumption of any dialogue; this is just a meeting on the request of Pakistan. This does not indicate any change in our policy as far as our stand on terrorism and cross-border terrorism is concerned.”
The meeting was scheduled to be held on September 27.
Earlier today, the United States had also welcomed the meeting between Pakistan and Indian Foreign Ministers in New York, expressing hope that the stage for a “good, strong relationship between the two neighbors” would be set.
Information Minister of Pakistan Fawad Chaudhry said in a tweet following India’s decision ” The world is watching, Pakistan stands for peace, while Indian policies are being guided by extremist ideologies.”


Pakistan reports current account surplus in Jan. owing to improved trade, remittances

Updated 17 February 2026
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Pakistan reports current account surplus in Jan. owing to improved trade, remittances

  • Pakistan’s exports crossed the $3 billion mark in Jan. as the country received $3.5 billion in remittances
  • Last month, IMF urged Pakistan to accelerate pace of structural reforms to strengthen economic growth

ISLAMABAD: Pakistan recorded a current account surplus of more than $120 million in January, the country’s finance adviser said on Tuesday, attributing it to improved trade balance and remittance inflows.

Pakistan’s exports rebounded in January 2026 after five months of weak performance, rising 3.73 percent year on year and surging 34.96 percent month on month, according to data released by the country’s statistics bureau.

Exports crossed the $3 billion mark for the first time in January to reach $3.061 billion, compared to $2.27 billion in Dec. 2025. The country received $3.5 billion in foreign remittances in Jan. 2026.

Khurram Schehzad, an adviser to the finance minister, said Pakistan reported a current account surplus of $121 million in Jan., compared to a current account deficit of $393 million in the same month last year.

“Improved trade balance in January 2026, strong remittance inflows, and sustained momentum in services exports (IT/Tech) continue to reinforce the country’s external account position,” he said on X.

Pakistan has undergone a difficult period of stabilization, marked by inflation, currency depreciation and financing gaps, and international rating agencies have acknowledged improvements after Islamabad began implementing reforms such as privatizing loss-making, state-owned enterprises (SOEs) and ending subsidies as part of a $7 billion International Monetary Fund (IMF) loan program.

Late last month, the IMF urged Pakistan to accelerate the pace of these structural reforms to strengthen economic growth.

Responding to questions from Arab News at a virtual media roundtable on emerging markets’ resilience, IMF’s director of the Middle East and Central Asia Jihad Azour said Islamabad’s implementation of the IMF requirements had been “strong” despite devastating floods that killed more than 1,000 people and devastated farmland, forcing the government to revise its 4.2 percent growth target to 3.9 percent.

“What is important going forward in order to strengthen growth and to maintain the level of macroeconomic stability is to accelerate the structural reforms,” he said at the meeting.

Azour underlined Pakistan’s plans to privatize some of the SOEs and improve financial management of important public entities, particularly power companies, as an important way for the country to boost its capacity to cater to the economy for additional exports.

“This comes in addition to the effort that the authorities have made in order to reform their tariffs, which will allow the private sector of Pakistan to become more competitive,” the IMF official said.