After six years, in June 2004 India and Pakistan resumed the composite dialogue process that covers eight baskets of issues agreed upon in Male in 1997 between Prime Minister Inder Kumar Gujral and Nawaz Sharif. The eight baskets are Jammu and Kashmir; Siachen; Wullar Barrage/Tulbul Navigation Project; Sir Creek; Terrorism and Drug Trafficking; Economic and Commercial Cooperation; Peace and Security; and Promotion of Friendly Exchanges in various fields. The last round of talks was held in October 1998 in Islamabad, on Peace and Security, CBMs and Jammu and Kashmir.
Safeguarding the Malacca Straits
The Southeast Asian states are critically dependent on regional sea-lanes for trade since most of them have embarked on the philosophy of export-led development. These are also the energy lifelines of the East Asian states and are equally vital for global trade. The Malacca Straits and Singapore Straits enclose the busiest of these sea-lanes, through which about a quarter of the world trade passes each year aboard 50,000 vessels.