Envoy Rejects Reports of Fake Currency Printed in Pak

Envoy Rejects Reports of Fake Currency Printed in Pak
Pakistan High Commissioner in India Shahid Malik today dismissed as "allegations" reports that fake Indian currency recovered in Delhi was printed in his country.

"These are allegations and these are charges. The media has been mentioning that. I have also read about it. But as I said, these are allegations which keep surfacing from time to time," Malik told reporters when asked to comment about reports that the currency was printed in Pakistan.

Earlier, speaking at an interactive session on 'India-Pakistan Bilateral Trade', Malik said normalisation of relation between the two countries was of critical importance in realising the vision of a peaceful and progressive South Asia.

Observing that Pakistan's geo-strategic location gave it an "unrivalled relevance" in the region and beyond, he said, "This places on Pakistan the onerous responsibility of prudent conduct of its relation with our immediate neighbours and, indeed, with the rest of the world."

Both countries are engaged in a dialogue for the last five years and discussions were taking place on eight topics including Kashmir, bilateral trade, people-to- people contact and water-related issues, he said, adding, "We in Pakistan hope the dialogue with India would be uninterrupted and uninterruptable."

Describing Pakistan as a "responsible nuclear power", he said, "We are not seeking hegemony anywhere in the world, but at the same time, we will not accept it from any quarter."

Malik said all political parties in Pakistan attached highest importance to the ongoing peace process with India. "All major political parties in Pakistan... The Opposition, the government and Parliament, sincerely desire improvement of bilateral relation with India."

Pointing out that relation between India and Pakistan had been conflictual rather than friendly despite many commonalities, he said, "We have to carry on a serious introspection as to why, despite our commonalities which should have been our strength, we have not been able to build on them."

He said that the two countries had areas of strength that could complement and supplement each other to create a mutually beneficial situation in the context of trade.

"This would also contribute to economic integration at the regional level as the two economies are the largest among the SAARC member-states."

A lot of ground, however, needs to be covered to achieve the potential of economic cooperation between the two countries, Malik said.

"Imperatives of peace and prosperity in South Asia are not different from other regions of the world. The first essential step is to acknowledge the root causes of various issues, difficulties and conflicts between us. The two countries must have the will to address them sincerely and peacefully. Difficult decisions in any field cannot be put on hold forever," he said.

He, however, cautioned that confidence-building measures between the two countries were bound to collapse "under their own weight" unless there was tangible progress in settling core issues.
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