‘I can solve anything’: Trump offers to mediate Kashmir dispute between India, Pakistan

President Donald Trump speaks during the congressional picnic on the South Lawn of the White House in Washington, US on June 12, 2025. (AP)
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Updated 13 June 2025
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‘I can solve anything’: Trump offers to mediate Kashmir dispute between India, Pakistan

  • Trump last month brokered a ceasefire between India, Pakistan after they engaged in four days of fighting
  • India has always refused outside mediation on disputed Kashmir territory while Islamabad has welcomed it

ISLAMABAD: US President Donald Trump this week reiterated his offer to mediate and resolve the longstanding dispute between India and Pakistan on the disputed Kashmir territory, as tensions between the nuclear-armed neighbors continue to simmer.

India and Pakistan pounded each other with artillery fire, missiles, drone strikes and fighter jets for four days before Trump announced a ceasefire between both sides on May 10. The US informed last month after the ceasefire announcement both India and Pakistan had agreed to meet at a neutral venue to address their differences, though New Delhi has so far publicly ruled out bilateral talks with Islamabad.

Trump said last month he used Washington’s trade ties with both countries to persuade them to back off from further military confrontation and agree to a ceasefire, taking the credit for preventing an all-out nuclear war. Speaking to reporters before signing a bill in the White House’s East Room on Thursday, the American president said Washington was “going to get those two getting together.”

“I told them, India and Pakistan — they have a longtime rivalry over Kashmir — I said, I can solve anything,” he told reporters. “I’ll be your arbitrator.”

India has always refused any outside mediation on Kashmir, the scenic Himalayan region which has a Muslim majority but a sizable Hindu minority. Both India and Pakistan claim the entire region but administer parts of it. The two countries have fought two out of three wars over the territory since 1947.

Trump reiterated his claim that he stopped the war between India and Pakistan last month through “phone calls and trade.”

“And India’s here right now negotiating a trade deal and Pakistan’s coming I think next week,” the US president said.

Tensions escalated between India and Pakistan on April 22 when gunmen attacked and killed 26 tourists in Indian-administered Kashmir at the Pahalgam tourist resort. New Delhi, without offering proof, blamed Pakistan for the attack, alleging it had supported “cross-border terrorism.”

Pakistan denied the allegations and called for a credible, international probe into the incident. Following weeks of tensions, India struck multiple Pakistani cities with missiles on the night of May 6, claiming it had struck “terrorist” camps in the country.

Pakistan denied Indian allegations, saying the missiles had killed innocent children and vowed to retaliate.


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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Pakistan regulator amends law to facilitate capital raising by listed companies

  • The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
  • Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,

The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.

This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.

“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.

The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.

The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.

“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.

“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”

The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.