Last week, Pakistan hosted leaders from China, Russia, India, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Iran and Belarus for the 23rd Shanghai Cooperation Organization (SCO) summit. While the lead-up to the summit highlighted the constraints that Pakistan’s internal troubles place on its ability to play an active role in global diplomacy, Islamabad was able to sidestep any serious diplomatic faux pas. India’s attendance may have left a door cracked to dialogue between Pakistan and its neighboring rival.

Type: Question and Answer

Global Policy

The International Monetary Fund (IMF) has approved a $7 billion loan for Pakistan aimed at helping the South Asian nation stabilize its economy. After assuming power earlier this year, Pakistan’s new coalition government led by the Pakistan Muslim League-Nawaz (PML-N) had approached the IMF for the 25th time for a loan. On September 12, Pakistani Prime Minister Shehbaz Sharif said his country had met all the conditions set by the IMF to qualify for a new loan. And on September 25, the IMF signed a formal approval of the loan.

Type: Question and Answer

Economics

Despite a three-year long cease-fire along their contested border, trade and civil society engagement between India and Pakistan has dwindled, exacerbating the fragility of their relationship. With recently re-elected governments now in place in both countries, there is a window of opportunity to rekindle trade to bolster their fragile peace, support economic stability in Pakistan, create large markets and high-quality jobs on both sides, and open doors for diplomatic engagement that could eventually lead to progress on more contentious issues.

Type: Analysis

Economics

Narendra Modi was sworn in on June 9 for his third consecutive term as India’s prime minister. Public polls had predicted a sweeping majority for Modi, so it came as some surprise that his Bharatiya Janata Party (BJP) lost ground with voters and had to rely on coalition partners to form a ruling government. Although India’s elections were fought mainly on domestic policy issues, there were important exceptions and Modi’s electoral setback could have implications for India’s regional and global policies.

Type: Analysis

Global Elections & Conflict;  Global Policy