India-Pakistan Peace Process: A Study of LoC Trade

Abstract

Kashmir remains a critical issue between India and Pakistan. Both will need to make several major changes to their policies if they wish to lay the groundwork for peace. The initiation of trade and travel between the two divided parts of the Jammu and Kashmir State is considered one of the most significant initiatives taken by India and Pakistan in recent history. Though the bilateral trade is also not problem free, the issues involved are far easier to resolve than many others. At the same time, closer economic ties could also help in resolving other bilateral issues.

However, with the ongoing peace process between India and Pakistan and with concomitant initiatives the hope for a durable and sustainable development in the state has gained ground, along with a renewed hope for peace.

Keywords: Geo-Political Importance, Past Peace Initiatives, Cross-LoC Trade, Recommendations.