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China ने CPEC को कर दिया Close

National attention is now primarily focussed on meeting the security challenges posed by China. India has, however, for long faced a “two-front” threat, posed by Pakistan and China. These two countries have also worked in tandem in countries like Maldives, Bangladesh, Nepal, Sri Lanka and Myanmar to undermine India’s relations with these neighbouring countries.

There have been several instances of such cooperation between Pakistan and China in the recent past. The most notable being with Myanmar, which has for long been dependent on Chinese assistance for arms supplies. Pakistan is now endeavouring to complement Chinese military assistance to Myanmar, by offering to provide Chinese designed JF-17 fighters, which it manufactures, to Myanmar. But such cooperation by Pakistan on commercial terms is of limited utility unless it’s reinforced by the political, economic and strategic weight of the donor, which Pakistan lacks.

Pakistan’s major problem, which renders it incapable of contributing to economic projects abroad, has been its continuing and growing balance of payments deficits. This necessitates frequent intervention by the IMF and of continuing doles from oil-rich countries like Saudi Arabia, the UAE, Kuwait and Qatar. Pakistan’s economic shortcomings include relatively small rates of savings and investments, rendering it incapable of raising funds for economic growth and development.

Moreover, Pakistan’s exports declined from an already insufficient $22.46 billion to $20.94 billion, last year. These foreign exchange imbalances, combined with inadequate inflows investment, inevitably lead to relatively low rates of investment and growth. This, in turn, leads to the need for doles from oil-rich Arab countries.

During this quest for greater support against India from Islamic countries, Imran Khan committed a serious blunder, by backing a proposal for setting up a new Islamic grouping. This proposal was initiated by the ambitious Turkish Prime Minister Recep Tayyip Erdogan and Malaysia’s then 90-year-old Prime Minister Mahathir Mohamad.

In his hurry to win encomiums for uniting the Islamic world, Imran Khan forgot the age-old rivalry and animosity between Turkey and the Arab World, and particularly Saudi Arabia. An infuriated Crown Prince Salman of Saudi Arabia made no secret of his displeasure, at Pakistan’s ill-advised move. Prime Minister Imran Khan had no choice but to send his all-powerful Army Chief General Bajwa to Saudi Arabia, to reiterate Pakistan’s high respect and regard for the Saudi Royalty.

#GlobalConflictHindi #CPECFailed #PakChina

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17 ноября 2020 г. 12:41:35
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