Lok Sabha Speaker Om Birla emphasized the need for a fair and rule-based global trading system during the 2nd Working Session of the BRICS Parliamentary Forum in Brasilia, Brazil. He stated that India supports such a system to adequately address the needs and aspirations of the Global South.
https://www.lokmattimes.com/international/india-supports-fair-rule-based-global-trading-system-that-addresses-needs-aspirations-of-global-south-om-birla/Pakistan's Bilawal and Shehbaz express support for US involvement in arranging a comprehensive dialogue with India. Bilawal suggests that the US role would be beneficial for Pakistan, while Shehbaz praises Donald Trump as "a man for peace". Deputy Prime Minister Ishaq Dar emphasizes that dialogue should cover all issues, including terrorism, the Indus Waters Treaty, and broader bilateral matters.
https://www.firstpost.com/world/cornered-and-battered-pakistan-banks-on-trump-to-arrange-talks-with-india-post-op-sindoor-13894646.htmlPakistan's politician has expressed grave concern over India's unilateral suspension of the Indus Waters Treaty, which threatens the livelihoods of 240 million Pakistanis. He welcomed US support for regional peace and stability, particularly under President Donald Trump, who facilitated a ceasefire understanding. The politician also met with Congresswoman Sydney Kamlager-Dove and Senator Jim Banks to discuss peace and stability in South Asia, highlighting India's "new abnormal" where every incident triggers unprovoked aggression.
https://www.geo.tv/latest/607876-with-us-lawmakers-pakistan-delegation-raises-indias-provocations-stresses-dialoguePakistan is seeking Russian President Vladimir Putin's help to resolve the ongoing conflict with India, according to a report. The Pakistani government has reportedly asked Putin to use his influence to mediate the dispute. This comes amid heightened tensions between the two nuclear-armed nations over Kashmir and other issues. Pakistan's Prime Minister Imran Khan has been in touch with Putin to explore possible solutions to the crisis.
https://www.livemint.com/news/pakistan-shehbaz-sharif-seeks-putin-help-to-solve-ongoing-conflict-with-india-we-are-ready-to-sit-down-with-them-11749125533470.htmlUncertainty around US trade policy is affecting businesses globally, particularly in Europe. French spirits company Remy Cointreau has abandoned its sales growth targets due to tariffs, slow US sales, and high uncertainty. Austrian steelmaker Voestalpine expects tariffs to impact earnings, while German engineering lobby group VDMA reported a 6% drop in orders in May, citing Trump's tariffs as the cause of the uncertainty.
https://www.manilatimes.net/2025/06/05/business/top-business/us-metals-tariffs-doubled-trade-offer-deadline-arrives/2127578US President Donald Trump and Russian President Vladimir Putin discussed a range of global issues during their phone call, including the conflict between India and Pakistan, which was stopped with Trump's personal participation. Putin also told Trump that Russia will respond to Ukraine's weekend drone attacks on Russian airfields.
https://www.news18.com/world/india-pakistan-clash-came-up-during-putin-trump-phone-call-says-kremlin-aide-9370341.htmlPakistan secured an $800 million loan from the Asian Development Bank (ADB) despite India's objections over Pakistan's rising defence expenditure, weak governance, and the military's significant role in its economy. India had urged global lending bodies to pause future loan packages to Pakistan following a terrorist attack in Kashmir last month, but the ADB approved the package to strengthen Pakistan's fiscal health and improve public finances.
https://www.thenews.com.pk/print/1318508-india-opposed-adb-s-800m-loan-to-pakistanRussian Deputy Chief of Mission Roman Babushkin is expected to discuss the Free Trade Agreement (FTA) between India and the Eurasian Economic Union (EAEU) during his visit. The EAEU, which includes Russia and several former Soviet states, has been in talks with India since 2015. Talks have seen a seven-fold rise in bilateral trade from $1 billion to nearly $70 billion in 2024, primarily due to Indian purchases of Russian oil. Mr. Lavrov is expected to call for speeding up FTA talks, which were discussed during PM Modi and President Putin's meeting in Moscow in 2024.
https://www.thehindu.com/news/international/as-lavrov-plans-india-visit-putin-aide-ruffles-feathers-by-repeating-trump-claim-on-mediation/article69661822.ecePakistan's Chairman Bilawal Bhutto Zardari stated that his country could have shot down 20 Indian aircraft during a recent military confrontation, but chose to exercise restraint instead. He made this claim while addressing the Overseas Pakistani community in New York as part of a high-level parliamentary delegation led by former foreign minister Hina Rabbani Khar.
https://www.geo.tv/latest/607816-pakistan-had-20-indian-jets-locked-chose-restraint-bilawal-bhutto-zardari