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The U.S.–Israel war on Iran has exposed the structural vulnerabilities of India’s West Asia policy and raised important questions about the sustainability of New Delhi’s strategic balancing strategy. While India has sought to maintain close relations with the United States, Israel, and…
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With over half of the world’s freshwater resources sharing borders, transboundary water governance is becoming increasingly complex. In the past, state actors were in charge of governance frameworks. Now, a wide range of non-state actors are also involved. They include international and…
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Pakistan lost USD 250-350 million annually in foreign exchange reserves due to the increasing reliance on the international card payment network, such as Visa and Mastercard. At the same time, the transactions are conducted in Pakistani Rupees in the domestic markets. PayPak,…
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South Asia, home to nearly two billion people and two nuclear-armed states, remains one of the world’s most consequential yet persistently fractured regional orders, defined by structural asymmetries, unresolved territorial disputes, and deepening strategic competition. India’s Neighbourhood First policy, while rhetorically committed…
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Pakistan’s Federal Budget for FY2026-27 envisages total expenditure of PKR 18.771 trillion. However, a substantial portion of this spending is pre-committed to obligations arising from past borrowing. Debt servicing alone accounts for PKR 8.054 trillion, leaving a non-interest expenditure envelope of approximately…
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The Strait of Hormuz, through which around 20% of global oil and about 20 million barrels per day transits, is one of the most critical chokepoints in global energy flows. Recent geopolitical escalation has resulted in the closure of the Strait as…
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Pakistan’s rapid digitalization has outpaced its legal safeguards, leaving the personal data of millions vulnerable to systemic breaches. Recurring compromises of NADRA and FBR infrastructures demonstrate that the current regulatory vacuum constitutes a direct violation of the constitutional mandate under Article 14(1).…
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This Brief provides an assessment of trade prospects, opportunities for economic cooperation, and economic complementarities between Pakistan and Serbia. It highlights that amid rising protectionism, countries are exploring non-traditional markets to sustain their trade growth and economic cooperation. Smaller bilateral partnerships, such…
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The Trump administration released its second major security document, the National Defence Strategy (NDS) 2026, on January 23, 2026. The defence strategy is released after every four years, fulfilling a congressional mandate that requires the Secretary of Defence to publish a framework…
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The law of the sea in particular the UN Convention on the Laws of the Sea 1982 prohibits any interruption into right of innocent and transit passage through international straits. However since Iran has signed but not ratified the 1982 Convention, it…
