Sharif says peace with India a ‘fool’s paradise’ without Kashmir settlement

Prime Minister Shehbaz Sharif addresses the overseas Pakistani community in London, UK, on September 21, 2025. (Screengrab/PTV News)
Short Url
Updated 21 September 2025
Follow

Sharif says peace with India a ‘fool’s paradise’ without Kashmir settlement

  • Both countries administer parts of disputed Kashmir territory but claim it in full 
  • India, Pakistan engaged in brief military conflict in May, killing 70 in both countries

ISLAMABAD: Prime Minister Shehbaz Sharif reiterated Pakistan’s desire to improve relations with India on Sunday but said it was only possible through the resolution of the longstanding dispute between the two nations on the Kashmir territory. 

India and Pakistan, who have fought two out of three wars over the disputed Himalayan territory since 1947, each administer parts of Kashmir but claim it in full. Ties between the two nuclear-armed neighbors hit their lowest in years in May after an attack in Indian-administered Kashmir in April triggered a brief military confrontation between the two. 

Over 70 people were killed in both countries as India and Pakistan traded missiles, artillery fire and bombed each other with fighter jets and drones before Washington brokered a ceasefire on May 10. 

Speaking to Pakistani expatriates at an event in London, Sharif said Pakistan desired peaceful relations with India, adding that it was for both nations to decide whether they wanted to live in peace or conflict. 

“But for that to happen, the resolution of the Kashmir dispute is a basic pillar,” Sharif said. “If anyone thinks that without the resolution of the Kashmir dispute our bilateral relations can be restored, he is living in a fool’s paradise,” he added. 

He praised the country’s military leadership for defending Pakistan successfully during the days-long military confrontation between the two neighbors in May.

Speaking on rising tensions in the Middle East, the Pakistani prime minister also condemned Israel’s war on Gaza. Sharif lamented that it had killed over 65,000 Palestinians since October 2023, noting that the world had neither seen nor heard of such atrocities before. 

“I believe the time has come that we need peace in this region,” he said. “And the Islamic world must step forward and talk about peace.”

The fragile ceasefire between India and Pakistan, brokered by US President Donald Trump on May 10, continues to persist, but tensions remain high. India has vowed to hold in abeyance a 1960 water-sharing treaty that decides the use of the Indus River system between India and Pakistan. 

However, Pakistan has warned that it will not allow India to divert or restrict the flow of its water. Islamabad has said it would treat India’s attempts to do so as an “act of war.”


Pakistan rice exports slump 40% as India’s return hits pricing power

Updated 5 sec ago
Follow

Pakistan rice exports slump 40% as India’s return hits pricing power

  • Statistics show non-Basmati shipments have fallen over 50 percent in July-January period
  • Government offers 9 percent tax drawback on premium Basmati exports to support sector

ISLAMABAD: Pakistan’s rice exports fell 40.5 percent to $1.31 billion in the first seven months of the fiscal year, official data showed on Tuesday, as India’s return to the global market squeezed Islamabad’s market share and pricing power.

According to the Pakistan Bureau of Statistics (PBS), non-Basmati exports dropped 50.8 percent to $827.8 million, with volumes falling to 2.0 million tons from 3.15 million tons a year ago. Basmati exports declined 6.62 percent to $477.7 million, with volumes easing to 436,484 tons from 487,278 tons.

The Ministry of National Food Security told a parliamentary committee in two separate meetings in December and January that India’s re-entry into the global rice market was a key factor behind the decline, saying increased Indian supplies had made Pakistani rice less competitive.

Officials told lawmakers that India benefits from free trade agreements and provides substantial support to its rice sector, putting additional pressure on Pakistani exporters.

In response, the Ministry of Commerce last month issued a notification under the “Drawback of Local Taxes and Levies for Rice Order, 2026,” allowing a rebate of 9 percent of the free-on-board (FOB) value for Basmati exports priced above $750 per metric ton.

The government said the measure, announced on January 23, aims to ease liquidity pressures on exporters and improve competitiveness.

While PBS data for July-January shows a 40.5 percent decline, figures from the Federal Board of Revenue (FBR) for July-December show an even steeper 47 percent drop to $973 million from $1.82 billion in the same period last year, reflecting a deficit of over $800 million.

Industry representatives say they are now focusing on market diversification to counter the slowdown.

“Currently Basmati is mainly exported to Middle East and EU. Non-Basmati is exported to Philippines, Indonesia, Malaysia and African countries,” Malik Faisal Jahangir, chairman of the Pakistan Rice Exporters Association, told Arab News last week.

“For the new markets for our non-basmati rice exports, we are looking to increase our volumes to China, Philippines, Indonesia and Bangladesh,” he added.