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India Seeks to Curb Tensions After Raid Over Pakistan Border

  • No plan to escalate situation by scrapping Pakistan treaties
  • Stocks fell in both nations following news of the strikes
Bloomberg business news

India Claims Strike Against Pakistan Terror Camps

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India is moving to contain military tensions after earlier announcing it killed terrorists just across the border in Pakistan, the biggest armed escalation since a standoff 17 years ago.

There’s no plan to worsen the situation by scrapping treaties or cutting off ties with Pakistan, though diplomatic and economic pressure will continue through a review of trade and water-sharing pacts, a Foreign Ministry official told reporters on Thursday, asking not to be identified. The army said its military operations against Pakistan had ended after an overnight raid on what it described as militants assembled to infiltrate India.