India Refutes Trump’s Claim Linking Ceasefire with Pakistan to Trade Benefits

The Indian government has dismissed claims made by U.S. President Donald Trump regarding the temporary ceasefire between India and Pakistan, which he attributed to U.S. trade incentives.

In a weekly press briefing, Indian Foreign Ministry spokesperson Randhir Jai Singh stated that senior officials from both New Delhi and Washington had been in communication the previous week following a severe military confrontation between the two nations. However, he emphasized that the topic of trade was not discussed during these talks.

Jai Singh noted, “Trade was not brought up in any of these discussions,” referring to conversations between U.S. Vice President J.D. Vance and Indian Prime Minister Narendra Modi, as well as talks between U.S. Secretary of State Marco Rubio and Indian Foreign Minister S. Jaishankar.

Trump had previously claimed that after an agreement was reached on Saturday for India and Pakistan to halt military operations on land, air, and sea, he offered to facilitate trade between the two countries as a condition for their de-escalation.

In remarks to the press on Monday, Trump stated, “I told them we would do a lot of trade with you. Let’s stop this. If you stop it, we will make trade deals. If you don’t stop it, there will be no trade,” suggesting that he believed trade incentives played a crucial role in the countries’ decision. He added, “There are many reasons why, but trade was a significant factor.”

The Indian and Pakistani armies have recently engaged in one of their most intense clashes in decades. This escalation began last Wednesday when India conducted strikes within Pakistan, targeting what it claimed were locations associated with militants involved in an attack that killed 26 tourists in the Indian-controlled region of Kashmir last month. Pakistan has denied any involvement in the attack.

Don't miss

Why Branded Residences Are Reshaping Dubai’s Luxury Property Market

Discover why Bugatti, Armani, and Cavalli branded residences are transforming Dubai's luxury off-plan market and what it means for investors and rental yields.

UAE Equities Decline as Regional Tensions Shake Investor Confidence

UAE stock markets closed lower as Middle East tensions dampened investor sentiment, while strong bank earnings and rising oil prices offered limited support.

Dubai rewards residents for inviting more tourists to the city

Dubai has unveiled A Dubai Invite, rewarding residents who encourage overseas friends and relatives to visit the emirate through a new referral programme.

Dubai expands Gold Line to redefine urban transport

Dubai is moving forward with its Dh34bn Gold Line metro project, expanding public transport, improving connectivity and supporting long-term urban growth.

Majority of Investors Forecast Further Growth for Dubai’s Property Market in 2026

Most investors expect Dubai property prices and transaction volumes to rise in 2026 as confidence remains strong across luxury, ready, and off-plan real estate markets.

UAE Begins Nationwide Rollout of Jaywan Payment Cards Through Local Banks

The UAE has launched Jaywan, its first national payment card network, enabling local banks to issue debit and prepaid cards while expanding secure digital payments.

Dubai Property Sales Reach $78 Billion in Record First Half of 2026

Dubai recorded $78 billion in property sales during H1 2026 as luxury residences, branded developments and strong investor demand continued to drive the real estate market.

Dubai Property Market Shows Resilience Despite Regional Tensions

Dubai's residential market recorded AED 225.7 billion in H1 2026 transactions as strong investor demand, population growth and Golden Visa reforms supported continued growth.

Indian Buyers Lead Dubai’s International Property Market in 2026

Indian investors led foreign property purchases in Dubai in 2026, accounting for over 20% of transactions as global demand for UAE real estate remained strong.

US States Move to Block Paramount–Warner Bros. Merger

A coalition of 12 US states has asked a court to block Paramount's proposed acquisition of Warner Bros., citing concerns over competition in the media industry.

Similar publications

Why Branded Residences Are Reshaping Dubai’s Luxury Property Market

Discover why Bugatti, Armani, and Cavalli branded residences are transforming Dubai's luxury off-plan market and what it means for investors and rental yields.

UAE Equities Decline as Regional Tensions Shake Investor Confidence

UAE stock markets closed lower as Middle East tensions dampened investor sentiment, while strong bank earnings and rising oil prices offered limited support.

Dubai rewards residents for inviting more tourists to the city

Dubai has unveiled A Dubai Invite, rewarding residents who encourage overseas friends and relatives to visit the emirate through a new referral programme.