The Role Of Trade In International Relations In Asia Region

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Does trade reduce conflict, or conflict reduce trade, or both, and why?

It is an open secret that in the 21st century sometimes impossible to avoid war. Where every country is against the war, violence, and intensity, trade comes for help. In international relations, it is worth to mention to establish peace everywhere, because of the consequences of the war are always victims suffers the pain of bereavement. As a flexible and constructive tool, it creates peace, stability, and constructs trade-relations among different countries. And today, I will talk about the international trade between Pakistan and India to show that deal reduces conflicts. In my humble opinion, it renews the relations between countries and encourages others to do so.

From my little research, I want to mention such a term as ‘Independence.’ First of all, everyone knows that independence reduces the conflicts. If we take an example of the USA and China, we will see that they trade with each other’s for their interest, Pakistan, and Iran despite being neighbors, have hard trade-relations that are not good-connected one. Let’s agree that exchanging goods is more beneficial than causing and creating the conflicts which can affect bot political and military cooperation. As the liberalism theory says, trade is a vital tool for the promotion of peace. Pakistan and India trade example is one of the best examples that show the real importance of trade. (Is international trade reduces the external conflicts? , 2018)

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Kiran, Int J econ Manag Sci 2018 states that everything started because of Kashmir Issue. Both countries claimed that Kashmir is a part of their territory. As a result, the issue became the cause of the war in 1948, and trade-relations declined by 18-20%, but got improved until 1971. And again, because of the war, trade-relations almost were equal to zero.

In fact, that number led both countries to sign the agreement in which railway passageways would be constructed for better trade-relations and goods-exchange. A decade later, Indian Prime Minister Vishwanath Pratap Singh visited Pakistan to make an agreement or creating and supporting bus-services between these two countries, and reducing the barriers. In 2004-2007 economic activities like making, providing, purchasing, or selling goods or services between both countries became better only due to agreements and diplomacy. And again, we can state that International Relations and Diplomacy are essential parts of our world. By trade-relations with India Pakistan, export to India has increased from $156 million to $2 billion in 2014, which, I think, is an excellent number for India. And what about investments? According to many sources, India has invested $14 billion to Pakistan for infrastructure and manufacturing sector. As a result, trade between these countries is beneficial for both Pakistan and India. They live in harmony and peace due to trade-relations and agreement.

To conclude, promoting peace of trade creates a positive influence in the Asia region. Reducing the conflicts and increasing the economic consideration is one of the best options that every country can utilize. Through trade, countries gain cheap goods, which is beneficial for them to continue their cooperation and to provide support in both military and political cases. And the last important thing that creates tread is creating trust between countries, which automatically rejects the border conflicts. So now, I can plainly state that trades reduce and prevent disputes between nations.

References

  1. https://www.omicsonline.org/open-access/is-international-trade-reduces-the-external-conflicts-case-study-of-pakistan-and-india-2162-6359-1000504-98831.htm , Ayesha Kiran (2018) Is International Trade Reduces the External Conflicts
  2. Martin P, Thierry M, Theoing M (2007) Make Trade Not War? Review of Economic Studies 75:865-900
  3. Nawaz S. Guruswamy M (2014) India and Pakistan: The Opportunity To Cost Of Conflicts. Atlantic Council.

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