AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)
Business & Finance

India cutting trade ties with Turkey over nexus with Pakistan

New Delhi irked by Turkey after Erdogan urged India to hold talks with Pakistan over Kashmir. Previously, Indi
Published October 23, 2019
  • New Delhi irked by Turkey after Erdogan urged India to hold talks with Pakistan over Kashmir.
  • Previously, Indian traders urged a boycott of Malaysian palm oil, after Malaysian PM criticised New Delhi's actions in IoK.

New Delhi, which is facing criticism for its atrocities in Indian occupied Kashmir (IoK), is cutting down exports of military equipment to Turkey in retaliation amid growing defence ties between Turkey and Pakistan.

According to Economic Times, the export authorizations for sensitive equipment of defence to Turkey are being withheld and not likely to be processed soon, amid the statements by Turkey’s President Recep Tayyip Erdogan on IoK and the country’s increasing arms exports to Pakistan.

The Turkish President had urged India to hold talks with Pakistan over the disputed region following Modi’s August decision to revoke autonomy in the Muslim-majority state.

Similar tactic was used by India against Malaysia as well, after Indian traders urged a boycott of Malaysian palm oil, after Malaysian Prime Minister Mahathir Mohamad's criticism of New Delhi's actions in the disputed region of Kashmir.

On Monday, India's top vegetable oil trade body asked its members to stop buying Malaysian palm oil after Mahathir said at the United Nations General Assembly last month that India had “invaded and occupied Kashmir", a disputed Muslim-majority region also claimed by Pakistan.

“We speak our minds, and we don't retract or change," Mahathir told reporters outside parliament on Tuesday. “What we are saying is we should all abide by resolutions of the [United Nations]. Otherwise, what is the use of the U.N.?" he added.

Comments

Comments are closed.