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This paper was completed before the terrorists struck in Mumbai on November 26, 2008. Despite the fact that the attacks dealt the most serious setback to the peace process and the talks scheduled under the Fifth Round of Composite Dialogue have been postponed, the author has not felt it necessary to alter the basic theme of the paper, i.e., the peace process may be delayed by incidents like Mumbai carnage, it will not be derailed as both Pakistan and India have no other option but to make the South Asian region secure and peaceful to their mutual benefit. The paper reaches this conclusion after making a critical assessment for about five years of the process, focusing on its achievements and failures from the perspectives of Pakistan, India and the international community. The paper also makes an attempt to identify areas where divergence of perceptions between Pakistan and India have been narrowed down as a result of the peace process and explores the possibilities of reduction of the gap in areas where the two countries still hold wildly divergent views.

Dr Rashid Ahmad Khan. (2009) Pakistan-India Peace Process: An Assessment, IPRI Journal, Volume-09, Issue-1.
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