Trump says settled Pakistan-India standoff through trade deals

Golfer Ernie Els speaks in the Oval Office during a meeting between U.S. President Donald Trump and South African President Cyril Ramaphosa, at the White House in Washington, DC, US on May 21, 2025. (Reuters)
Short Url
Updated 22 May 2025
Follow

Trump says settled Pakistan-India standoff through trade deals

  • Trump has repeatedly said he offered to help both nations with trade if they agreed to de-escalate
  • India has previously rejected that trade concessions were discussed in ceasefire discussions

ISLAMABAD: President Donald Trump said on Wednesday he had used US trade ties to persuade nuclear-armed neighbors India and Pakistan to back off from their worst military confrontation in decades earlier this month, a claim New Delhi has previously rejected. 

Following a May 10 understanding reached between India and Pakistan in what was a US-mediated ceasefire to stop military action on land, in the air and at sea, Trump has repeatedly said he had offered to help both the nations with trade if they agreed to de-escalate.

Pakistan has not commented specifically on the trade-related claim though it has repeatedly thanked Trump for his role in the de-escalation efforts. The Indian government has, however, said trade concessions did not come up in discussions to secure the ceasefire. 

“If you take a look at what we just did with Pakistan and India, we settled that whole thing, and I think I settled it through trade,” Trump said in televised comments during a meeting at the White House with South African President Cyril Ramaphosa. 

“We’re doing a big deal with India. We’re doing a big deal with Pakistan,” the US president added, without giving details of what agreements he was referring to. 

Before the ceasefire, the militaries of India and Pakistan were engaged in one of their most serious confrontations in decades since May 7, when India struck targets inside Pakistan it said were affiliated with militants responsible for the killing of 26 tourists last month in Indian-administered Kashmir.

After India’s strikes in Pakistan, both sides exchanged heavy fire along their de facto border, followed by missile and drone strikes into each other’s territories, mainly targeting military installations and air bases.

The escalating hostilities threatened regional peace, leading to calls by world leaders to cool down tempers.

Trump has said he not only helped mediate the ceasefire but also offered mediation over the simmering dispute in Kashmir, a Himalayan region that both India and Pakistan claim in entirety but govern in part. The two nations have fought two wars over Kashmir, which has long been described as the regional nuclear flashpoint.

New Delhi has rejected Trump’s offer for mediation, saying Kashmir was a bilateral issue, while Pakistan has welcomed the offer. 

With inputs from AP


Pakistan PM orders strategy to improve project execution as multilateral lenders propose reforms

Updated 8 sec ago
Follow

Pakistan PM orders strategy to improve project execution as multilateral lenders propose reforms

  • Shehbaz Sharif says he will personally lead a steering committee to speed up priority projects
  • Four working groups proposed to streamline approvals, procurement, land issues and staffing

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed officials to draw up a detailed strategy to improve the planning and execution of development projects, saying he would personally chair a steering committee aimed at ensuring timely and transparent completion of priority schemes.

The move came during a meeting where the World Bank and Asian Development Bank presented recommendations to the government on strengthening project implementation.

According to the prime minister’s office, participants received a briefing that said project approvals involve multiple steps and need simplification, while timely procurement and better readiness tools could also help accelerate implementation.

“National projects of critical importance must be completed transparently and on time,” Sharif told officials, according to the statement. “This is our priority.”

He said the federal and provincial steering committee on development-sector reforms would be headed by him.

The statement said four working groups were also proposed during the meeting: one to review approval and preparation processes, a second to modernize procurement, a third to address land acquisition and resettlement challenges, and a fourth to focus on human-resource alignment and staff deployment for development schemes.

Sharif thanked the World Bank and Asian Development Bank for their support and said development projects must be aligned with the objectives of Pakistan’s Public Sector Development Program (PSDP) and provincial Annual Development Plans (ADPs).

The meeting was attended by senior federal ministers, provincial representatives, senior civil servants and the country directors of both multilateral lenders.