May 10, 2025 — A fragile ceasefire between nuclear-armed neighbors India and Pakistan is holding for now, despite both sides accusing each other of minor violations since the agreement was reached over the weekend.
Brokered with the backing of the United States, the ceasefire aims to end weeks of deadly cross-border exchanges that followed a deadly gun attack on Indian tourists last month — an incident New Delhi blames on Islamabad, a claim Pakistan strongly denies.
U.S. President Donald Trump, who first announced the ceasefire on his Truth Social platform, offered further assistance to both countries, signaling Washington’s continued interest in stabilizing the region. “We are here to help ensure peace lasts,” he said in a follow-up statement on Saturday.
READ MORE: Explosions After Ceasefire Deal Raise Fears of Renewed India-Pakistan Tensions
Despite the tension, the world community has widely welcomed the ceasefire decision, calling it a step in the right direction for regional stability. Saudi Arabia and Turkey have also been credited with playing quiet but key roles in facilitating the agreement.
In a significant parallel development, Pakistan secured a $1 billion loan approval from the International Monetary Fund (IMF), a boost to its struggling economy amid the military standoff. Analysts see the IMF decision as a vote of confidence in Pakistan’s diplomatic efforts and a sign of international support for de-escalation.
While both sides remain wary and continue to monitor each other’s military posture, Saturday’s dialogue between top military officials has opened a rare diplomatic window. A follow-up meeting is expected on May 12.
For now, the ceasefire holds — delicately — as the world watches closely.