STILL A COLD-WAR

Apart from the Middle East, South Asia is the world's most daunting ch allenge to conflict resolution and the promotion of peace. Nearly a fi fth of humanity lives on the Subcontinent, and the peace dividend coul d be enormous, as is the mounting cost of the absence of peace. The th reat to international peace and security is all the more ominous since both Pakistan and India are nuclear-capable states, and Pakistan has just countered India's missiles by successfully testing a medium range one of its own.