Pakistan on Sunday deplored India's "unilateral" decision to suspend cross-LoC trade and rejected the allegations regarding its "misuse" by elements from across the border to smuggle weapons, narcotics, fake currency and foment terrorism.
Hardening its stand against Pakistan, India on Thursday indefinitely suspended cross-border trade at two points along the Line of Control in Jammu and Kashmir after reports of very large scale "misuse" of the cross-LoC trade.
Pakistan's Foreign Office said the Indian action was based on "groundless accusations" that this mechanism is being used for smuggling, narcotics, fake currency and terrorism.
"This litany is all too familiar and in line with India's frequent attempts to portray legitimate activities of the people," in Jammu & Kashmir as linked to terrorism, the FO said.
The FO said the cross-LoC trade has been one of the functional Confidence-Building Measures (CBMs) between the two countries, which came about after arduous diplomatic efforts.
"The unilateral suspension of this Kashmir-related CBM indicates that India is seeking to reverse even the modest gains made by the two countries in the diplomatic domain. Its suspension without consulting Pakistan is deeply regrettable," it said.
The FO said the suspension of the cross-LoC trade adds to the economic hardship and further squeezes the segment of people who could modestly benefit from this facility.
"In our view, there are better ways of dealing with issues relating to implementation, if any, than resorting to unilateral suspension of important CBMs," the FO said.
"We urge India to refrain from taking unilateral measures and resolve differences through constructive engagement with a view to transitioning from conflict to cooperation," it added.
The LoC trade, at present, is conducted through two trade facilitation centres located at Salamabad in Uri of Baramulla district, and Chakkan-da-Bagh in Poonch district.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
