BUSINESS

Improved Indo-Pak ties 'real game changer' in region: Clinton

By Lalit K Jha
October 28, 2011 17:12 IST

Describing the improved Indo-Pak relationship in the region "a real game changer," the US has expressed satisfaction over the progress being made by the two neighbours on improving their bilateral trade and commercial ties.

"I'm very pleased by the progress that both India and Pakistan are making on the commercial front and the progress in implementing the transit trade agreement between Afghanistan and Pakistan," Secretary of State Hillary Clinton told US lawmakers at a Congressional hearing.

Clinton said Pakistan's civilian and military leadership both want progress with India and a better relationship between the two South Aisan neighbours is the real game changer in the region.

"The real game changer in the region is not so much our bilateral relationship as the relationship

between Pakistan and India. And the more that there can be progress, the more likely there can be even more progress," the Secretary of State said in response to a question.

She pointed out the "successful visits" on the foreign and commerce minister level over the last several months and said that announcements have been made to try to streamline visas for businesses, and do more to accelerate movement across borders.

"And then the most favoured nation status is a really important development," Clinton said.

"So we encourage it. We try to tell both sides how much it will change their relationship," she said, adding that she firmly believes greater regional economic integration would revolutionise the economy in Pakistan.

"India's a huge market, and Pakistan produces things that India needs. But they don't get into India in any direct and cost effective way. So the more we can do that, the better," Clinton said.

Lalit K Jha in Washington
Source: PTI
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