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Cross LOC Trade - Mitigating Conflict
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Cross LOC trade in Kashmir was initiated as a confidence building measure (CBM) between India and Pakistan on October 21st, 2008. Its success can be measured by the fact that it is growing, though the relations between the two countries have turned hostile on a number of occasions. The great symbolic and political value with which the trade was started needs to be kept alive to build on the gains more so for peace and economic implications than just emotions and symbolism. The paper aims to understand and present the special issues associated with this trade. Cross LOC trade has been successful in presenting the mutual interdependence and peaceful coexistence that Kashmir has been striving for. Now it is needed to consolidate on these gains for economic growth and stability of the region which is economically lagging behind because of the conflict. The slow yet steady pace of progress that this trade is showing can convince the reader that there is light at the end of the tunnel, notwithstanding the problems and challenges that this sensitive trade presents. The paper strives to make a modest attempt to understand and address the problems faced by all the stakeholders of this trade.
Keywords
Blind Trade, Conflict, Line of Control, Proxy Trade
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