New initiative in India-Pakistan relations
Yuba Nath Lamsal
Any kind of developments in the bilateral relations between India and Pakistan draw global attention. This is because of the magnitude of impact India-Pakistan relations have in South Asia. The impact of the relationship between India and Pakistan is not limited to peace and stability not only in South Asia alone but goes beyond that and impacts on the entire world. Positive or negative, the developments in India-Pakistan bilateral relations send strong ripples globally. This is more so now than ever before because Asia has emerged as an international powerhouse with South Asia too emerging fast in the global arena economically.
Now China and India are fastest growing economies in the world. China is already world's second largest economy accompanied by military power and increased international clout. India, too, is growing despite its numerous internal problems and constraints. The growth in Asia is in sharp contrast to the economic situation in the western cou...