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India succeeds hurting Pakistan’s trade interest in Afghanistan

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Development of Iranian port Chabahar and connecting road to Afghanistan by India has started showing results causing huge trade deficit for Pakistan. A senior Pakistani official has acknowledged that India has succeeded to penetrate in Kabul declining their market share by more than 50 per cent falling to $ 1.2 billion from $ 2.7 billion during last two years.

According to Dawn, Zubain Motiwala, Chairman Pakistan-Afghanistan Joint Chamber of Commerce and Industry who recently visited Kabul said on Friday that the penetration of India and China into Afghan market has limited Pakistan’s option to retain its market share. He said that India subsidises heavily on its exports. Pakistan has been losing even the traditional markets of flour, men and women’s clothes and red meat.

According to Motiwala, India has been providing goods at subsidised rates to capture the market and are providing air tickets with a 75pc rebate. Afghans find it easy to travel to India with cheap tickets and free multiple visas without police checks.

According to Pakistan Bureau of Statistics, exports to Afghanistan dropped to $1.271bn in FY17 from $1.437bn in FY16. Exports in the first quarter of 2017-18 stood at $319 million. Traditionally Kabul was natural market for Pakistani exports which is now changing because of cheaper products from China and India.

Rising India’s medical tourism has also affected Pakistan. Earlier thousands of Afghans used to visit Peshawar for medical treatment but now they prefer going to India due to cheaper treatments. “Medical tourism of Peshawar, which was mainly due to Afghans, is now at zero level; hospitals in Hayatabad are empty,” Motiwala added.

Large numbers of Peshawar traders have also lost their business. Out of 200 flour mills, about 100 have been closed down due to a drastic fall in the export of flour to Afghanistan.

Movement of containers’ traffic from Karachi port to Kabul have also decreased from average 70,000 to just 7000 which reflects the change of trading route for imported goods to Afghanistan.

Dawn report further says that Pakistan was the biggest supplier of shalwar qameez suits to Kabul which is now shifted to the supplies from India and China. This was a traditional Pakistani item in Afghan market.

India succeeds hurting Pakistan’s trade interest in Afghanistan

Earlier on February 9, Eurasian Times had reported that over 80% of Afghanistan’s cargo traffic has shifted from Karachi seaport to Bandar Abbas and Chabahar ports in Iran. The move comes as a result to Pakistan’s new trade tariffs and inauguration of Chabahar port, which is expected to greatly impact the Pakistan’s role in trade transit for Afghanistan.

In October last year, India shipped its first consignment of wheat to Afghanistan by sea through Chabahar port, launching a trade route bypassing Pakistan. The shipment was sent from Kandla seaport. The shipment was taken by trucks to Afghanistan from the Iranian port.

In May 2016, India, Iran, and Afghanistan had signed a historic three-nation deal to develop the strategic Chabahar port and build a transport and trade corridor through Afghanistan that could halve the time and cost of doing business with Europe.

Since 2001 US-led military operation to remove Taliban government in Afghanistan, militant groups used to attack coalition cargo travelling from Karachi to Kabul in Baluchistan province for black mailing US administration and exerting pressure on Pakistan government.

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Magnitude 7 earthquake strikes Russia’s Kamchatka Peninsula

A magnitude 7 earthquake struck Russia’s Kamchatka Peninsula region on Friday. The initial report placed the earthquake at a depth of 140 kilometres.

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A magnitude 7 earthquake struck Russia’s Kamchatka Peninsula region on Friday, October 16, according to the European-Mediterranean Seismological Centre (EMSC).

The initial report placed the earthquake at a depth of 140 kilometres (approximately 87 miles). Details about the impact of the earthquake, including any damage or casualties, were not immediately available in the initial report.

Earthquake strikes seismically active Kamchatka region

Russia’s Kamchatka Peninsula is a seismically active region where earthquakes occur because of tectonic activity.

The latest earthquake was reported by the EMSC, which provided the initial magnitude and depth estimates. Further information about the situation on the ground was not available in the initial report.

What is known so far

  • Location: Kamchatka Peninsula region, Russia
  • Magnitude: 7.0
  • Date: Friday, October 16, 2026
  • Reported depth: 140 kilometres
  • Casualties and damage: Not provided in the initial report

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S Jaishankar says India is a natural option for Russia amid Europe tensions

External Affairs Minister S Jaishankar said India remained a natural option for Russia as Moscow increasingly turned towards Asia amid strained relations with Europe. He highlighted the continuity of India-Russia ties and their significance for the balance of power in Asia.

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External Affairs Minister S Jaishankar has described India as a natural option for Russia as Moscow increasingly looks towards Asia amid deteriorating relations with Europe. He said India’s longstanding relationship with Russia had remained steady despite significant changes in the international strategic landscape.

Jaishankar made the remarks during a conversation with John Micklethwait, editor-in-chief of the Bloomberg New Economy Forum. He discussed how the Russia-Ukraine war had affected Moscow’s relationship with Europe and contributed to Russia’s growing focus on Asia.

Jaishankar highlights Russia’s shift towards Asia

Jaishankar said Russia’s relationship with Europe had become deeply strained following the Ukraine war. He noted that Russia had historically viewed itself as a European country and placed considerable importance on its relations with Europe and the United States.

However, the conflict had pushed Moscow to look increasingly towards Asia,with much of that shift directed towards China.

The minister said it was in India’s interest, as well as the wider world’s interest, for Russia to maintain multiple relationships in Asia rather than having its options concentrated in one direction.

Against this backdrop, he described India as a natural partner for Russia, pointing to the longstanding nature of the relationship between the two countries.

India-Russia ties remain steady despite global changes

Jaishankar said India and Russia had maintained a consistent relationship over several decades. He emphasised that New Delhi continued to engage with Moscow even as the global order and Russia’s strategic calculations evolved.

According to the minister, India was reassuring Russia that the relationship built over nearly eight decades remained steady despite the changes in Moscow’s relations with Europe and the wider West.

He stressed that India was not passing a value judgment on those changes but was continuing its bilateral engagement with Russia.

Jaishankar said the relationship had benefited both countries and contributed to the balance of power and the broader status quo in Asia. 

Why the relationship matters for Asia

Jaishankar’s remarks highlighted India’s position in Russia’s changing regional outlook. As Moscow increasingly turns towards Asia, India continues to maintain its longstanding ties with Russia while navigating a changing international environment.

The minister’s comments underscored the importance he placed on preserving India-Russia ties and ensuring that Russia maintained multiple relationships in Asia. 

His assessment came against the backdrop of strained Russia-Europe relations following the war in Ukraine, which has reshaped Moscow’s engagement with Western countries and increased its focus on Asian partners.

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Putin praises PM Modi, says he has very good ideas on Ukraine war

Russian President Vladimir Putin has praised Prime Minister Narendra Modi for repeatedly raising the need to end the Ukraine war, describing his ideas for a settlement as “very good”.

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Vladimir Putin

Russian President Vladimir Putin has praised Prime Minister Narendra Modi for his continued efforts to promote an end to the Russia-Ukraine war, saying the Indian leader has “very good ideas” aimed at finding a mutually acceptable solution.

Putin made the remarks while addressing the Valdai Forum of international Russia experts, where he spoke about Modi’s repeated efforts to raise the issue of ending the conflict.

What Putin said about PM Modi

Putin said Modi has continued to raise the question of ending the conflict despite the close and friendly relationship between India and Russia.

According to Putin, the Prime Minister has shown a strong interest in finding a solution and has ideas that could help identify mutually acceptable ways to resolve the conflict.

Putin also described India’s position as neutral while highlighting Modi’s interest in bringing the conflict to an end through peaceful means.

The Russian president expressed gratitude to Modi for his ideas and his desire to see the conflict end as soon as possible.

Modi’s position on the Ukraine war

PM Modi has repeatedly called for dialogue and diplomacy to resolve conflicts, including during his meetings with Putin.

During their September 11 meeting in New Delhi, Modi reiterated that dialogue and diplomacy are the way forward for resolving conflicts.

Modi had also told Putin during their meeting on the sidelines of the Shanghai Cooperation Organisation summit in Bishkek that the situation needed to move from “endless war” towards an end to the war.

India has consistently maintained that conflicts should be addressed through dialogue and peaceful means, with Modi previously describing the present period as not being an era of war.

The Russia-Ukraine conflict began in February 2022 and has continued despite repeated diplomatic efforts to seek a resolution.

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