Pakistan minister asks world if ‘economic interests’ alone will decide fate of Kashmiris

Indian paramilitary troopers patrol along a street in Srinagar on October 4, 2022, during India's Home Minister Amit Shah's visit to Jammu and Kashmir. (AFP/File)
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Updated 05 February 2023
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Pakistan minister asks world if ‘economic interests’ alone will decide fate of Kashmiris

  • The statement comes as Pakistan observes Kashmir Solidarity Day to express solidarity with Kashmiris
  • Ahsan Iqbal calls out the world for its ‘double standards’ on Russia’s annexation of Ukraine and Kashmir 

ISLAMABAD: Pakistan’s Planning Minister Ahsan Iqbal on Saturday criticized the international community for its role toward the resolution of the Kashmir conflict, questioning if “economic interests” alone would decide the fate of Kashmiris. 

Iqbal’s statement came ahead of the Kashmir Solidarity Day, which Pakistan observes every year on the February 5 to express solidarity with the people of Indian-administered Kashmir. 

The Muslim-majority Himalayan region of Kashmir has been a flashpoint between Pakistan and India since their independence from the British rule in 1947. Both Pakistan and India rule parts of the Himalayan territory, but claim it in full and have fought two of their four wars over the disputed region. 

However, many in Pakistan believe the world’s lukewarm response to the resolution of Kashmir dispute has much to with India’s economic growth over the past years, which allows New Delhi to ignore international conventions. 

“Unfortunately, India feels that it can ignore the international conventions, it can violate the fundamental rights of people in Jammu and Kashmir and it can use its brutal force because it is an attractive market for other countries,” Iqbal told Arab News in an exclusive interview. 

“We have to decide whether economics alone will decide the fate of humanity or fundamental rights, law, justice, self-determination and democratic values have any place. If we will only settle for dollars and cents and commercial and economic interests, then this world will become very brutal.” 

Ties between bitter rivals India and Pakistan stand frozen since August 5, 2019, when New Delhi revoked Kashmir’s special status, taking away the territory’s autonomy and dividing it into three federally administered territories. 

Pakistan calls the revocation of Kashmir’s autonomy part of New Delhi’s alleged attempts to change the demography of the region, and has demanded the world fraternity take notice of it. 

Iqbal, however, called out the international community for its “double standards” on Russia’s annexation of Ukraine and the Kashmir issue.

“It is quite an irony that on the one hand the whole western world is fighting a war against annexation… of the eastern parts in Ukraine and they are not willing to compromise on the geography and on the area which has been annexed by Russia, but in Kashmir the international community easily feels it convenient to ignore the annexation by India,” he said. 

“These are double standards. And when such double standards are exercised it gives rise to extremism. If we want to see a world which is peaceful, we have to find peaceful ways to resolve conflicts.” 


Islamabad says surge in aircraft orders after India standoff could end IMF reliance

Updated 06 January 2026
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Islamabad says surge in aircraft orders after India standoff could end IMF reliance

  • Pakistani jets came into the limelight after Islamabad claimed to have shot down six Indian aircraft during a standoff in May last year
  • Many countries have since stepped up engagement with Pakistan, while others have proposed learning from PAF’s multi-domain capabilities

ISLAMABAD: Defense Minister Khawaja Asif on Tuesday said Pakistan has witnessed a surge in aircraft orders after a four-day military standoff with India last year and, if materialized, they could end the country’s reliance on the International Monetary Fund (IMF).

The statement came hours after a high-level Bangladeshi defense delegation met Pakistan’s Air Chief Marshal Zaheer Ahmed Baber Sidhu to discuss a potential sale of JF-17 Thunder aircraft, a multi-role fighter jointly developed by China and Pakistan that has become the backbone of the Pakistan Air Force (PAF) over the past decade.

Fighter jets used by Pakistan came into the limelight after Islamabad claimed to have shot down six Indian aircraft, including French-made Rafale jets, during the military conflict with India in May last year. India acknowledged losses in the aerial combat but did not specify a number.

Many countries have since stepped up defense engagement with Pakistan, while delegations from multiple other nations have proposed learning from Pakistan Air Force’s multi-domain air warfare capabilities that successfully advanced Chinese military technology performs against Western hardware.

“Right now, the number of orders we are receiving after reaching this point is significant because our aircraft have been tested,” Defense Minister Asif told a Pakistan’s Geo News channel.

“We are receiving those orders, and it is possible that after six months we may not even need the IMF.”

Pakistan markets the Chinese co-developed JF-17 as a lower-cost multi-role fighter and has positioned itself as a supplier able to offer aircraft, training and maintenance outside Western supply chains.

“I am saying this to you with full confidence,” Asif continued. “If, after six months, all these orders materialize, we will not need the IMF.”

Pakistan has repeatedly turned to the IMF for financial assistance to stabilize its economy. These loans come with strict conditions including fiscal reforms, subsidy cuts and measures to increase revenue that Pakistan must implement to secure disbursements.

In Sept. 2024, the IMF approved a $7 billion bailout for Pakistan under its Extended Fund Facility (EFF) program and a separate $1.4 billion loan under its climate resilience fund in May 2025, aimed at strengthening the country’s economic and climate resilience.

Pakistan has long been striving to expand defense exports by leveraging its decades of counter-insurgency experience and a domestic industry that produces aircraft, armored vehicles, munitions and other equipment.

The South Asian country reached a deal worth over $4 billion to sell military equipment to the Libyan National Army, Reuters report last month, citing Pakistani officials. The deal, one of Pakistan’s largest-ever weapons sales, included the sale of 16 JF-17 fighter jets and 12 Super Mushak trainer aircraft for basic pilot training.