Stories about CPEC

PTI’s vague and static foreign policy will only worsen Pakistan’s standing in the world

Historically, Pakistan’s foreign policy has been a domain in which elected governments have been allowed very little space and scope to work in. Our founding father envisaged a foreign policy based on peaceful relations with our neighbours – including India – and one that would value our sovereignty. Contrary to his vision, Pakistan has not been able to devise a balanced policy that can be termed entirely beneficial for its own national interest. The current government led by Pakistan Tehreek-e-Insaf (PTI) also finds itself in a position where Foreign Minister Shah Mehmood Qureshi is symbolically heading foreign affairs while ...

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From “Pakistan needs to do more” to “Imran Khan was right”

United States(US) Senator Lindsey Graham has always taken a keen interest in foreign affairs. That being said, he’s rarely came across a war he did not vote in favour of, as he also supported the US war in Afghanistan. However, on a recent visit to Islamabad, he left stating that Imran Khan – a man who long before becoming Pakistan’s prime minister had repeatedly criticised America’s role in the region – was right all along. Speaking before journalists, Graham said, “Prime Minister Imran Khan was criticised over the decades… for talking about reconciling with the Taliban – he was right! One thing I ...

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Is Saudi Arabia “taking over” Pakistan?

Earlier this year, when the election campaign in Pakistan was running at fever pitch, I found myself listening to an old classic by The Who. The song was Won’t Get Fooled Again and the line that got me pondering was “meet the old boss, same as the new boss”. I shuddered when I heard this line while watching parties push their candidates. It was literal horse-trading as politicians scrambled to capture the number of seats required to secure the government for themselves. We are barely a few months into the new government and people are already questioning and debating the current government’s decisions. For example, take the ...

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Should Saudi Arabia be a part of CPEC?

From the word go, the Pakistan Tehreek-e-Insaf (PTI) government has been under a heavy burden of expectations from all sides. As a result, they are trying to satisfy every front as quickly as they can. However, it seems that this is proving to be too much for them and they are creating all sorts of confusion. China-Pakistan Economic Corridor (CPEC) is one such project where this confusion is still brewing. Recently, news has been circulating that Saudi Arabia will be joining CPEC. It is still unclear what role they would play, whether they will be a strategic partner, an investor ...

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Can PTI’s mini-budget get the economy out of the ICU and into the ‘recovery room’?

Pakistanis love to bash politics and politicians whenever they face any problem. Slogan after slogan, martyrdom, militarism and affluent status quo is what three generations of Pakistanis have seen. So when Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) claimed to make policies focusing on “uplifting the lower middle class”, even the PTI voters were somewhat sceptical. Alas, critics can be shushed, the mini-budget is out and looks like PTI may have delivered what it promised. Before the official mini-budget announcement, many people were criticising the government for its decision to raise gas prices and income taxes, however, they did not see ...

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It’s not you, it’s me: Why did India refuse Pakistan and UAE’s aid?

The Indian state of Kerala, known as God’s own country, has become the victim of nature’s wrath and is experiencing the worst floods of the century. Thus far, the floods have left 445 people dead and dozens missing. In the hilly regions, floods have caused landslides which have exacerbated the destruction of homes, bridges and road networks. Around 1/6th of the population of the state has been directly affected, and the central government has declared it a level-3 calamity, which clearly indicates the severity of the catastrophe.  First of all, it is worth exploring why God’s own country has come under God’s ...

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For PM Imran Khan: A guide on how to fix the unfixable

There is a new sense of optimism in Pakistan. Many in the country are looking to the government of Imran Khan to reform the way the country works and put it back on the track of development and prosperity. The new government has signalled a willingness to think outside the box. This means trying to do what has not been done before. It means going against vested interests, the ‘rent seekers’ who have used their influence to accumulate power and enormous wealth. And finally, it also means going against established international ‘norms’ of behaviour as defined by the ‘Washington Consensus’. First ...

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The $$$ conundrum: Why are currencies around the world depreciating against the dollar?

For the past few weeks, there has been an ongoing verbal war between the American President Donald Trump and Turkish President Tayyip Erdogan. The former has been pushing for the release of American Pastor Andrew Brunson from Turkish prisons. Brunson has been imprisoned in Turkey since 2016 on charges of aiding a Turkish coup against Erdogan, which was ultimately unsuccessful. Additionally, in his drive to make America great again, Trump has imposed sanctions and tariffs on Turkish imports. Consequently, there has been a drop in the value of the Turkish lira against the US dollar. President Erdogan has taken full advantage of the ...

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In the US-China trade war, Pakistan and the global economy will be the casualties

The year 2017 ended on a positive note, with some major economies leading the “broadest synchronised global upsurge since 2010”, according to the International Monetary Fund (IMF). Markets reacted positively to the improved global economic outlook, giving rise to a flare of optimism in the investor community. Halfway through 2018, however, and the global economic scenario now paints a different picture. China just lost its spot to Japan for the second largest stock market in the world, amid rising tension over the trade war concerns between the two major superpowers. Donald Trump seems to be on board to fulfil his promise ...

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Can Imran Khan fix 71 years of failed talks, bloodshed and hatred?

Imran Khan’s victory in the recently concluded General Elections went as per preordained script. The arrest of Nawaz Sharif and his daughter in a money laundering case practically sealed the deal. The Supreme Court has debarred him from contesting elections for life, virtually putting an end to the political career of the former prime minister. It is alleged that Imran enjoys the confidence and support of the establishment which paved the way for Pakistan Tehreek-e-Insaf (PTI) to emerge victorious. The opposition has questioned the legitimacy of the elections, especially where it is alleged that widespread rigging was allowed to take ...

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