Search

x
Join our whatsapp channel for News Updates

China offers mediation to de-escalate Pak-India tensions

10:11 AM | 12 Oct, 2016
China offers mediation to de-escalate Pak-India tensions
BEIJING - China has offered a mediation between Pakistan and India to normalize the disturbed ties between two neighboring states, the media reports said on Wednesday.

Addressing a press conference in Beijing, Chinese Foreign Ministry’s counselor for China-Asia Mr Yuwan said China is ready to play any possible role to de-escalate Pak-India tensions for stability in the region.

"We are ready to provide our full assistance," he said, further adding China will try the best to resolve the conflict between Pakistan and India as the hostility between Islamabad and New Delhi not only affects the two states but also the entire South Asian region.

Responding to a question, he accepted the fact that there was an "imbalance of power" in South Asia and that there was need to fill the gaps.

On the occasion, the Chinese counselor also said that China-Pakistan Economic Corridor (CPEC)is a game changer for the whole region and China would complete it with the cooperation of Pakistan.

Earlier Chinese analysts had asserted that India's to completely seal the Pak-border by 2018 was an irrational step which would further worsen the bilateral relationship between New Delhi and Islamabad.

Hu Zhiyong, who happens to be a research fellow at Shanghai Academy of Social Sciences’s Institute of International Relations, said the Indian decision to shut down the borders with Pakistan is illogical since no investigation has been conducted for Uri attack –which according to India was planned by Pakistan.

“No evidence proves Pakistan is behind the attack, Hu has been quoted as saying by Beijing-based Global Times, further suggesting that a “completely sealed” border between Pakistan and Indian would also close the door of talks among the two neighbouring countries.

The Director of the Institute for Southern and Central Asian Studies at the Shanghai Municipal Center for International Studies, Wang Dehua, also opposed to the Indian decision, saying: “The country’s decision reflects its Cold War mentality, and will only cause deeper hatred among residents living in Indian- and Pakistan-controlled Kashmir.”

He further added that a peaceful resolution on the Kashmir dispute is not only in the interest of Pakistan and India but also suitable for China’s homeland security.

While hinting that India’s deteriorating ties with Pakistan would also affect China, he said “Since Pakistan is China’s all-weather strategic partner, India’s decision would make China-Pakistan-India relations more complicated.”

Ali Zain is a member of the staff at Daily Pakistan Global. He earned BS Communication Studies degree from University of the Punjab. His thesis titled "Cultural Continuity and Mass Media: An analysis of leading online newspapers of Pakistan" has been published as a book in Germany. He has also translated David Mathews' book "The Ecology of Democracy" into Urdu. He tweets at @alimaan.

Advertisement

Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 17 April 2024

Pakistani currency saw minor adjustment against global currencies on April 17, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293.15 for buying and 296.1 for selling while British Pound stands at 344.25 for buying, and 347.6 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 17 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.4
Euro EUR 293.15 296.1
UK Pound Sterling GBP 344.25 347.6
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 911.26
Malaysian Ringgit MYR 58.24 58.84
New Zealand Dollar NZD 164.75 166.75
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.07
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter