Pakistan Economy: News & Discussion

F-14B

#iamPUROHIT
Senior Member
Joined
Aug 13, 2016
Messages
2,076
Likes
4,006
Country flag
Why dont we count india as a supa pawa .ohh wait it is still a street shiting third world contry
What the fuck is your country you oxymoron a 1st world country dont make me laugh
Sale gandu check what your onw analyest like hassan nisar are telling about our zakat to you called pakistan hinduo ki beeke lake chat ta hai saale aur badi baate karte ho???
Abe unpad madrase chapp everything was given by us from the road you walk on to the marrd e chommin staffed Afwaj e pakistan to the CSSP abe before calling us this and that The name of the country was coined in 1933 as Pakstan by Choudhry Rahmat Ali, a Pakistan Movement activist, who published it in his pamphlet Now or Never,[46] using it as an acronym ("thirty million Muslim brethren who live in PAKSTAN") referring to the names of the five northern regions of the British Raj: Punjab, Afghania, Kashmir, Sindh, and Baluchistan.[47][48][49] The letter i was incorporated to ease pronunciation and form the linguistically correct and meaningful name :pound:

Calling us this and that
 

Neo

Senior Member
Joined
Feb 17, 2009
Messages
4,514
Likes
964
Shocking Numbers Reveal Unbelievable Growth in Pakistan’s Auto Industry


Pakistan’s auto industry has been on a rise despite the monopolistic control of the top three car manufacturers. Car sales crossed 230,000 last year and have continued to grow by 10 to 15 percent every year. Similarly, bike sales are higher than ever at 1.21 million.

Billions of rupees are being invested in Pakistan’s auto industry with the New Auto Policy offering ample incentives to newcomers. While new investors are only now realizing the potential in Pakistan’s auto market, the current players have seen unparalleled growth during the past few years.

During the past five years, the rise in share values and financial development of auto companies has made it one of the most lucrative sectors in Pakistan. To back the aforementioned claim, we have compiled a list of auto manufacturers in Pakistan and how their stock values have grown over the past five years.

Indus Motor Company – Up by 784.8%
Indus Motor Company (IMC) is a local car manufacturer which has a joint venture between House of Habib, Toyota Tsusho and Toyota Motors Japan. The company has been in operating in Pakistan since 1990.

Toyota and Daihatsu vehicles, auto parts and accessories are assembled or manufactured at IMC’s plant in Karachi.

Back in 2012, the company’s stocks were worth 237, today their value has crossed 1860, a growth of 784.8% in just five years.

Honda Atlas Cars – Up by 7527.3%
Honda Atlas is joint venture between Honda Motors and the Pakistani Atlas Group. It is an authorized assembler and manufacturer of Honda branded cars in Pakistan since 1992.

In 2012, the car manufacturing company’s stocks were worth 11.00. With the rapid growth in recent years and improved brand recognition, the value now stands at an astounding 828.00. That’s a rise of 7527.3%.

Pak Suzuki Motors – Up by 1000.0%
Pak Suzuki Motor Company is the Pakistani affiliate of the Japanese automaker Suzuki. It is a joint venture between the government of Pakistan and Suzuki Japan, however, since then Suzuki has increased its shares from 25% to 73.09%.

All vehicles from Suzuki or its subsidiaries are assembled and distributed by Pak Suzuki in the country.

Suzuki’s stocks were valued at 73.50 five years ago. Today, that value has increased by ten times to reach 735.0 largely due to the company’s huge market share in the country.

Ghandhara Nissan – Up by 10684.2%
The company has been operating in Pakistan since 1981 and is the authorized assembler and manufacturer of Nissan and JAC vehicles in Pakistan.

Nissan has seen the highest growth in stock values over the past five years. Its growth percentage is astonishingly high at over 100 times the lowest value in half a decade. Stock value as risen from 3.80 to 406.00 as of April 2017.

Dewan Farooque Motors – Up by 2651.9%
Dewan Farooque Motors is a local corporation and a part of the Dewan Mushtaq Group. The Karachi based automobile manufacturer has been functional since the 1998.

While the company shut down production in 2009, it is all set to make a comeback by relaunching brands like KIA in Pakistan.

Its stock was valued at just 1.81 back in 2012. After a rise of 2651.9 percent, it now stands at 48.00.

Ghandhara Industries – Up by 19803%
Established in 1963, Ghandhara industries is a well reputed truck and bus manufacturer based in Karachi. It is the authorized distributor assembler and manufacturer of Isuzu vehicles in Pakistan.

The company had stock values of 6.00 back in 2012 but an unbelievable growth of nearly 200 times has brought it to 1,188.21.

HinoPak Motors – Up by 2985.7%
HinoPak is the largest truck and bus manufacturer in Pakistan. Based in Karachi, it is the only authorized manufacturer and assembler of Hino vehicles. It has been operational since 1985.

The company has always received interest from investors but the past five years have seen it grow tremendously. The company’s stocks were valued at 64.11 in 2012. Today, they stand at 1914.15 after an increase of about 2985.7 percent.

Atlas Honda – Up by 568.4%
Similar to Honda Atlas, the Atlas Honda is a joint venture of the Atlas Group and Honda Motor Company and is dedicated to motorcycle production. It is the largest motorcycle producer in Pakistan.

The company’s stocks were valued at 114.00 five years ago. Rapid rise motorcycle demand has increased investor interested raising the value to 648.00.

Ghani Automobile Industries – Up by 899%
Ghani Automobile Industries is a local automobile and motorcycle manufacturer. Since its inception in 2004, the company has gained a significant share in the local motorbike and rickshaw market.

Its stocks were worth 2.10 in 2012. Rising demand has resulted in a rise to 18.88 in 2017.

Sazgar Autos – Up by 682.5%
Sazgar is another local manufacturer headquartered in Lahore. Most rickshaws we see in Punjab are developed by this company. After announcing its intent to spread its manufacturing capacity, the company has seen investor interest rise as its stock value has grown from 16.25, in 2012, to 110.90 in 2017.
 

Blackwater

Senior Member
Joined
Jan 9, 2012
Messages
21,156
Likes
12,211
Shocking Numbers Reveal Unbelievable Growth in Pakistan’s Auto Industry


Pakistan’s auto industry has been on a rise despite the monopolistic control of the top three car manufacturers. Car sales crossed 230,000 last year and have continued to grow by 10 to 15 percent every year. Similarly, bike sales are higher than ever at 1.21 million.

Billions of rupees are being invested in Pakistan’s auto industry with the New Auto Policy offering ample incentives to newcomers. While new investors are only now realizing the potential in Pakistan’s auto market, the current players have seen unparalleled growth during the past few years.

During the past five years, the rise in share values and financial development of auto companies has made it one of the most lucrative sectors in Pakistan. To back the aforementioned claim, we have compiled a list of auto manufacturers in Pakistan and how their stock values have grown over the past five years.

Indus Motor Company – Up by 784.8%
Indus Motor Company (IMC) is a local car manufacturer which has a joint venture between House of Habib, Toyota Tsusho and Toyota Motors Japan. The company has been in operating in Pakistan since 1990.

Toyota and Daihatsu vehicles, auto parts and accessories are assembled or manufactured at IMC’s plant in Karachi.

Back in 2012, the company’s stocks were worth 237, today their value has crossed 1860, a growth of 784.8% in just five years.

Honda Atlas Cars – Up by 7527.3%
Honda Atlas is joint venture between Honda Motors and the Pakistani Atlas Group. It is an authorized assembler and manufacturer of Honda branded cars in Pakistan since 1992.

In 2012, the car manufacturing company’s stocks were worth 11.00. With the rapid growth in recent years and improved brand recognition, the value now stands at an astounding 828.00. That’s a rise of 7527.3%.

Pak Suzuki Motors – Up by 1000.0%
Pak Suzuki Motor Company is the Pakistani affiliate of the Japanese automaker Suzuki. It is a joint venture between the government of Pakistan and Suzuki Japan, however, since then Suzuki has increased its shares from 25% to 73.09%.

All vehicles from Suzuki or its subsidiaries are assembled and distributed by Pak Suzuki in the country.

Suzuki’s stocks were valued at 73.50 five years ago. Today, that value has increased by ten times to reach 735.0 largely due to the company’s huge market share in the country.

Ghandhara Nissan – Up by 10684.2%
The company has been operating in Pakistan since 1981 and is the authorized assembler and manufacturer of Nissan and JAC vehicles in Pakistan.

Nissan has seen the highest growth in stock values over the past five years. Its growth percentage is astonishingly high at over 100 times the lowest value in half a decade. Stock value as risen from 3.80 to 406.00 as of April 2017.

Dewan Farooque Motors – Up by 2651.9%
Dewan Farooque Motors is a local corporation and a part of the Dewan Mushtaq Group. The Karachi based automobile manufacturer has been functional since the 1998.

While the company shut down production in 2009, it is all set to make a comeback by relaunching brands like KIA in Pakistan.

Its stock was valued at just 1.81 back in 2012. After a rise of 2651.9 percent, it now stands at 48.00.

Ghandhara Industries – Up by 19803%
Established in 1963, Ghandhara industries is a well reputed truck and bus manufacturer based in Karachi. It is the authorized distributor assembler and manufacturer of Isuzu vehicles in Pakistan.

The company had stock values of 6.00 back in 2012 but an unbelievable growth of nearly 200 times has brought it to 1,188.21.

HinoPak Motors – Up by 2985.7%
HinoPak is the largest truck and bus manufacturer in Pakistan. Based in Karachi, it is the only authorized manufacturer and assembler of Hino vehicles. It has been operational since 1985.

The company has always received interest from investors but the past five years have seen it grow tremendously. The company’s stocks were valued at 64.11 in 2012. Today, they stand at 1914.15 after an increase of about 2985.7 percent.

Atlas Honda – Up by 568.4%
Similar to Honda Atlas, the Atlas Honda is a joint venture of the Atlas Group and Honda Motor Company and is dedicated to motorcycle production. It is the largest motorcycle producer in Pakistan.

The company’s stocks were valued at 114.00 five years ago. Rapid rise motorcycle demand has increased investor interested raising the value to 648.00.

Ghani Automobile Industries – Up by 899%
Ghani Automobile Industries is a local automobile and motorcycle manufacturer. Since its inception in 2004, the company has gained a significant share in the local motorbike and rickshaw market.

Its stocks were worth 2.10 in 2012. Rising demand has resulted in a rise to 18.88 in 2017.

Sazgar Autos – Up by 682.5%
Sazgar is another local manufacturer headquartered in Lahore. Most rickshaws we see in Punjab are developed by this company. After announcing its intent to spread its manufacturing capacity, the company has seen investor interest rise as its stock value has grown from 16.25, in 2012, to 110.90 in 2017.



we r also shocked as this news contradict the ground reality:):):):):)
 

Adioz

शक्तिः दुर्दम्येच्छाशक्त्याः आगच्छति
Senior Member
Joined
Aug 14, 2015
Messages
1,419
Likes
2,819
Sorry if this is a double post, but if this clause in CPEC is true, its shocking, to say the least. Is China setting up a precedent for a new kind of economic colonisation? This means that they will expand their activities to newer, needy markets and in the guise of capital investment, create Chinese economic enclaves on the sovereign land of other countries? Its obvious that the country receiving investment (Pakistan or any other country) will not be able to negotiate favorable terms for themselves, and the resulting Chinese businesses that set up shop in these enclaves will smother the domestic industry of the country. At the end, apart from a few native firms, the entire market of the target country will fall in the hands of the Chinese. This is really scary. What is even more scary is a few corrupt leaders selling out a country like this to China, and taking their people for a ride, while they secure a better future for themselves.
“The committee was informed that only Chinese industrialists would be allowed to set up their industries in the proposed economic zones along the corridor.”
Source: Dawn
 

Hiranyaksha

Senior Member
Joined
Mar 5, 2017
Messages
2,098
Likes
4,515
Country flag
Why dont we count india as a supa pawa .ohh wait it is still a street shiting third world contry
Still better than a CHINESE COLONY :hippo: .
I posted a very geniune suggestion. Since your leaders have already merged (borderline submitted) there economy to CHINESE. What is wrong if we consider evaluating it along side with Chinese economy ? It will present a better picture and parallels. Predictions will be much more accurate. We already know who will be pulling the strings and who will be driving trucks. So what is wrong in putting facts in here?
 

Chinmoy

Senior Member
Joined
Aug 12, 2015
Messages
8,761
Likes
22,778
Country flag
Shocking Numbers Reveal Unbelievable Growth in Pakistan’s Auto Industry


Pakistan’s auto industry has been on a rise despite the monopolistic control of the top three car manufacturers. Car sales crossed 230,000 last year and have continued to grow by 10 to 15 percent every year. Similarly, bike sales are higher than ever at 1.21 million.

Billions of rupees are being invested in Pakistan’s auto industry with the New Auto Policy offering ample incentives to newcomers. While new investors are only now realizing the potential in Pakistan’s auto market, the current players have seen unparalleled growth during the past few years.

During the past five years, the rise in share values and financial development of auto companies has made it one of the most lucrative sectors in Pakistan. To back the aforementioned claim, we have compiled a list of auto manufacturers in Pakistan and how their stock values have grown over the past five years.

Indus Motor Company – Up by 784.8%
Indus Motor Company (IMC) is a local car manufacturer which has a joint venture between House of Habib, Toyota Tsusho and Toyota Motors Japan. The company has been in operating in Pakistan since 1990.

Toyota and Daihatsu vehicles, auto parts and accessories are assembled or manufactured at IMC’s plant in Karachi.

Back in 2012, the company’s stocks were worth 237, today their value has crossed 1860, a growth of 784.8% in just five years.

Honda Atlas Cars – Up by 7527.3%
Honda Atlas is joint venture between Honda Motors and the Pakistani Atlas Group. It is an authorized assembler and manufacturer of Honda branded cars in Pakistan since 1992.

In 2012, the car manufacturing company’s stocks were worth 11.00. With the rapid growth in recent years and improved brand recognition, the value now stands at an astounding 828.00. That’s a rise of 7527.3%.

Pak Suzuki Motors – Up by 1000.0%
Pak Suzuki Motor Company is the Pakistani affiliate of the Japanese automaker Suzuki. It is a joint venture between the government of Pakistan and Suzuki Japan, however, since then Suzuki has increased its shares from 25% to 73.09%.

All vehicles from Suzuki or its subsidiaries are assembled and distributed by Pak Suzuki in the country.

Suzuki’s stocks were valued at 73.50 five years ago. Today, that value has increased by ten times to reach 735.0 largely due to the company’s huge market share in the country.

Ghandhara Nissan – Up by 10684.2%
The company has been operating in Pakistan since 1981 and is the authorized assembler and manufacturer of Nissan and JAC vehicles in Pakistan.

Nissan has seen the highest growth in stock values over the past five years. Its growth percentage is astonishingly high at over 100 times the lowest value in half a decade. Stock value as risen from 3.80 to 406.00 as of April 2017.

Dewan Farooque Motors – Up by 2651.9%
Dewan Farooque Motors is a local corporation and a part of the Dewan Mushtaq Group. The Karachi based automobile manufacturer has been functional since the 1998.

While the company shut down production in 2009, it is all set to make a comeback by relaunching brands like KIA in Pakistan.

Its stock was valued at just 1.81 back in 2012. After a rise of 2651.9 percent, it now stands at 48.00.

Ghandhara Industries – Up by 19803%
Established in 1963, Ghandhara industries is a well reputed truck and bus manufacturer based in Karachi. It is the authorized distributor assembler and manufacturer of Isuzu vehicles in Pakistan.

The company had stock values of 6.00 back in 2012 but an unbelievable growth of nearly 200 times has brought it to 1,188.21.

HinoPak Motors – Up by 2985.7%
HinoPak is the largest truck and bus manufacturer in Pakistan. Based in Karachi, it is the only authorized manufacturer and assembler of Hino vehicles. It has been operational since 1985.

The company has always received interest from investors but the past five years have seen it grow tremendously. The company’s stocks were valued at 64.11 in 2012. Today, they stand at 1914.15 after an increase of about 2985.7 percent.

Atlas Honda – Up by 568.4%
Similar to Honda Atlas, the Atlas Honda is a joint venture of the Atlas Group and Honda Motor Company and is dedicated to motorcycle production. It is the largest motorcycle producer in Pakistan.

The company’s stocks were valued at 114.00 five years ago. Rapid rise motorcycle demand has increased investor interested raising the value to 648.00.

Ghani Automobile Industries – Up by 899%
Ghani Automobile Industries is a local automobile and motorcycle manufacturer. Since its inception in 2004, the company has gained a significant share in the local motorbike and rickshaw market.

Its stocks were worth 2.10 in 2012. Rising demand has resulted in a rise to 18.88 in 2017.

Sazgar Autos – Up by 682.5%
Sazgar is another local manufacturer headquartered in Lahore. Most rickshaws we see in Punjab are developed by this company. After announcing its intent to spread its manufacturing capacity, the company has seen investor interest rise as its stock value has grown from 16.25, in 2012, to 110.90 in 2017.

Please enter a message with at least 30 characters.
 

Cutting Edge 2

Space Power
Regular Member
Joined
Apr 17, 2017
Messages
984
Likes
1,969
Nuclear Power Pakistan will run to IMF for a Financial Bailout Package to avoid Payment Defaults



Pakistan’s external account financing gap is likely to touch $11.5 billion by 2019/20 and the government may resort to the International Monetary Fund (IMF) to avert possible payment default on foreign obligations, economist Ashfaque Hassan Khan said on Tuesday.

Khan forecast that the financing gap would reach $6 billion in 2016/17, $6.5 billion in 2017/18, $10.1 billion in 2018/19 and $11.5 billion in 2019/20. “Pakistan would not have other option but to seek fresh bailout package from the IMF,” he said, addressing a pre-budget seminar, organised by Comsats Institute of Information and Technology.

Khan, former advisor to the finance ministry alleged that the finance minister Ishaq Dar brought changes into the definition of debt through the last year’s finance bill. The Fiscal Responsibility and Debt Limitation Act (FRDLA) 2016 excluded certain headings from the domain of the debt, which is inconsistent with the definition, being used by the State Bank of Pakistan as well as the IMF and the World Bank.

He projected that the country’s external debt would reach $110 billion by 2019/20 or 365 percent of exports, $97.8 billion in 2018/19 and $88.5 billion in 2017/18. With a changed definition in accordance with the FRDLA 2016, Khan said the external debt stood at $57.5 billion, while it amounted to $73 billion in accordance with the previous and ‘acceptable’ definition.

Hafiz Pasha, ex-finance minister, said the optimism about the economy is not correct as the economic situation would be again heading back to the level of 2013 when the Pakistan Muslim League (Nawaz) took reins of power. The external debt touched $73 billion and the current account deficit is widening, resulting into drawdown of foreign currency reserves, Pasha added.

On China-Pakistan Economic Corridor (CPEC), he said that there is no need to discriminate against local companies by providing incentives to Chinese companies. Pakistan’s exports to China slumped 45 percent in the last three years, while imports increased 35 percent because of the faulty trade regime, Pasha said. India is the ultimate beneficiary of wrong policy prescription.

He further said agriculture sector has largely been ignored. The PML-N government announced agriculture package of Rs341 billion, but IMF stopped its implementation. Shahid Hafiz Kardar, ex-governor of State Bank of Pakistan said the country's exports are declining and the current account deficit jumped to $6.5 billion during the first nine months of the current fiscal against $4.9 billion a year ago. The widening current account deficit resulted into drawdown of foreign exchange reserves of $1.8 billion.

Kardar said the fragmented policies are negatively affecting exports and the IMF program caused more damage to the country’s export earnings because the cost of input for exports has gone up manifold.

The overvalued exchange rate also caused damage to exports, he said. Pakistani rupee appreciated one percent but currencies of many comparable economies devalued. Indian currency depreciated 30 percent, Malaysian 38 percent and Indonesian 38 percent.

Sakib Sherani, a renowned economist said only 0.24 percent of the country’s population are filing their income tax returns. “Only one in 400 individuals files their returns,” Sherani said. “The personal income tax contributes one percent of GDP in Pakistan, while in India it is 2.7 percent of GDP.”

He further said the development funding to the tune of Rs22 billion resulted into achievement of one percent growth in 2004. The same percentage point of growth would now require Rs115 to Rs120 billion in development spending.

http://www.defencenews.in/article/N...lout-Package-to-avoid-Payment-Defaults-251780

Pakistan’s external account gap to reach $11.5bln in three years

https://www.thenews.com.pk/print/20...al-account-gap-to-reach-115bln-in-three-years
 

Tarun Kumar

Regular Member
Joined
Dec 12, 2016
Messages
942
Likes
1,047
I say Balle Balle. US under donald trump is cutting back funding to all multilateral agencies and countries except Israel. For Afghanistan they have asked us to foot part of bill (around half a billion a year). For everything non american and non israeli-IMF, WB, UN, Pakistan , Africa, India, Latin America its basically no more money. So now Pakiland will have no choice but to run to Beijing which will have to pour billions on this looser of a state without any returns. As for Gwadar, I mean it is overated. If a US China war breaks out, Gwadar will be blown up by a single warhead of a single trident before you say mommy. If US China relations remain stable, China gets unfettered access to South China Sea which is its main lifeline.With NK sabre rattling Sino US relations will remain even more stable . So in the end its looser Pakiland with its infinite begging bowl and Daddy China with deeper than ocean pockets which will soon be empty. We just have to relax and watch mass riots in China as its debt laden economy collapses funding this failed state with soft loans which will always remain soft. Like it or not, only Uncle Sam can save Pakistan and we should make it clear- any more aid to this rogue state and we will not buy any American weapons. Start by giving contract to Grippen instead of F16s to make them realize the error of their past follies in arming pakistan.
 

Villager

Tihar Jail
Banned
Joined
Dec 1, 2016
Messages
993
Likes
1,223
Country flag
Pakistan Caught In The Middle As China’s OBOR Becomes Saudi-Iranian-Indian Battleground


By James M. Dorsey

Pakistani General Raheel Sharif walked into a hornet’s nest when he stepped off a private jet in Riyadh two weeks ago to take command of a Saudi-led, 41-nation military alliance. Things have gone from bad to worse since.

General Shareef had barely landed when Saudi Deputy Crown Prince Mohammed bin Salman dashed the Pakistani’s hopes to include Iran in the alliance that nominally was created to fight terrorism rather than confront Iran.

The general’s hopes were designed to balance Pakistan’s close alliance with Saudia Arabia with the fact that it shares a volatile border with Iran and is home to the world’s second largest Shiite Muslim community. General Sharif’s ambition had already been rendered Mission Impossible before he landed with Saudi Arabia charging that Iran constitutes the world’s foremost terrorist threat.

In a recent interview with the Saudi-owned Middle East Broadcasting television network, Prince Mohammed, who also serves as the kingdom’s defense minister, has toughened Saudi Arabia’s stance. Prince Mohammed appeared in line with statements by a senior US military official to hold out the possibility of exploiting aspirations of ethnic minorities in Iran to weaken its Islamic regime.

In doing so, Prince Mohammed and General Joseph L. Voltel, head of US Central Command, seemed to raise the spectre of increased violence in Balochistan, a volatile, once independent region that straddles both sides of the Iranian-Pakistani border, as well as in the Iranian province of Khuzestan, the Islamic republic’s oil-rich region that is home to Iranians of Arab descent.

Ethnic and sectarian proxy wars could embroil rivals China and India in the Saudi-Iranian dispute. The deep-sea port of Gwadar in Balochistan is a lynchpin of China’s One Belt, One Road initiative, and a mere 70 kilometres from the Indian-backed port of Chabahar in Iran, viewed by Saudi Arabia as a potential threat to one of the most important sea routes facilitating the flow of oil from the Gulf to Asia.

The risk of China’s initiative as well as its regional rivalry with India becoming a Saudi-Iranian battleground appeared to increase with Prince Mohammed’s warning that the battle between the two regional powers would be fought “inside Iran, not in Saudi Arabia.”

In his interview, Prince Mohammed not only ruled out talks with Iran but painted the two countries’ rivalry in sectarian terms. The prince asserted that Iran, a predominantly Shiite country, believes that “the Imam Mahdi (the redeemer) will come and they must prepare the fertile environment for the arrival of the awaited Mahdi and they must control the Muslim world…. “How do you have a dialogue with this?” Prince Mohammed asked.

Saudi Arabia had already signalled its support for Iranian dissidents when last July former Saudi intelligence chief and ambassador to the United States and Britain, Prince Turki al-Faisal, attended a rally in Paris organized by the exiled People’s Mujahedin Organization of Iran or Mujahedin-e-Khalq, a militant left-wing group that advocates the overthrow of Iran’s Islamic regime and traces its roots to resistance against the shah who was toppled in the 1979 revolution. “Your legitimate struggle against the (Iranian) regime will achieve its goal, sooner or later. I, too, want the fall of the regime,” Prince Turki told the rally.

Since then, General Voltel, avoiding any reference to sectarianism, told the US Senate Armed Services Committee, that “in order to contain Iranian expansion, roll back its malign influence, and blunt its asymmetric advantages, we must engage them more effectively in the ‘grey zone’ through means that include a strong deterrence posture, targeted counter-messaging activities, and by building partner nations’ capacity… (We) believe that by taking proactive measures and reinforcing our resolve we can lessen Iran’s ability to negatively influence outcomes in the future.,” General Voltel said.

Prince Mohammed did not spell out how he intends to take Saudi Arabia’s fight to Iran, but a Saudi think tank, the Arabian Gulf Centre for Iranian Studies (AGCIS) argued in a recent study that Chabahar posed “a direct threat to the Arab Gulf states” that called for “immediate counter measures.”

Written by Mohammed Hassan Husseinbor, identified as an Iranian political researcher, the study, published in the first edition of AGCIS’ Journal of Iranian Studies, argued that Chabahar posed a threat because it would enable Iran to increase greater market share in India for its oil exports at the expense of Saudi Arabia, raise foreign investment in the Islamic republic and increase government revenues, and allow Iran to project power in the Gulf and the Indian Ocean.

Mr. Husseinbor suggested Saudi support for a low-level Baloch insurgency in Iran could serve as a countermeasure. “Saudis could persuade Pakistan to soften its opposition to any potential Saudi support for the Iranian Baluch... The Arab-Baluch alliance is deeply rooted in the history of the Gulf region and their opposition to Persian domination,” Mr. Husseinbor said.

Noting the vast expanses of Iran’s Sistan and Baluchestan Province, Mr. Husseinbor went on to say that “it would be a formidable challenge, if not impossible, for the Iranian government to protect such long distances and secure Chabahar in the face of widespread Baluch opposition, particularly if this opposition is supported by Iran’s regional adversaries and world powers.”

The conservative Washington-based Hudson Institute, which is believed to have developed close ties to the Trump administration, has also taken up the theme of ethnic minorities in Iran. The institute has scheduled a seminar for later this month that features as speakers Baloch, Iranian Arab, Iranian Kurdish and Iranian Azerbaijani nationalists.

Saudi Arabia may already have the building blocks in place for a proxy war in Balochistan. Saudi-funded ultra-conservative Sunni Muslim madrassas operated by anti-Shiite militants dominate Balochistan’s educational landscape.

“A majority of Baloch schoolchildren go to madrassas. They are in better condition than other schools in Balochistan. Most madrassas are operated by Deobandis and Ahl-i-Hadith,” said one of the founders of Sipah-i-Sabaha, a virulent anti-Shiite group that is believed to enjoy Saudi and Pakistani support.

Although officially renamed Ahle Sunnah Wa Al Jamaat after Sipah was banned in Pakistan, the group is still often referred to by its original name. The co-founder, who has since left the group but maintains close ties to it, was referring to the Deobandi sect of Islam, a Saudi backed ultra-conservative, anti-Shiite movement originally established in India in the 19th century to counter British colonial rule, and Ahl-i-Hadith, the religious-political group in Pakistan with the longest ties to the kingdom. The co-founder said the mosques funnelled Saudi funds to the militants.

The co-founder said the leaders in Balochistan of Sipah and Lashkar-e-Jhangvi (LeJ), a Sipah offshoot, Maulana Ramzan Mengal and Maulana Wali Farooqi, enjoyed government and military protection because their anti-Shiite sentiments made them targets for Iran. He said the two men, who maintained close ties to Saudi Arabia, travelled in Balochistan in convoys of up to ten vehicles that included Pakistan military guards. Policemen stand guard outside Mr. Mengal’s madrassa, the co-founder said.

“Ramzan gets whatever he needs from the Saudis,” the co-founder said. Close relations between Sipah and LeJ, on the one hand, and pro-government tribesmen in Balochistan complicate irregular government efforts to reign in the militants. So does the militant’s involvement in drugs smuggling that gives them an independent source of funding.

Iran has accused the United States, Saudi Arabia and Pakistani intelligence of supporting anti-Iranian militants in Balochistan, including Jundallah (Soldiers of God), an offshoot of Sipah. Jundallah, founded by Abdolmalek Rigi, a charismatic member of a powerful Baloch tribe, was one of several anti-Iranian groups that enjoyed US and Saudi support as part of US President George W. Bush’s effort to undermine the government in Tehran.

Mr. Rigi was captured when a flight he took from the Kyrgyz capital of Bishkek to Dubai was diverted at Iran’s request to Sharjah in 2010. He was executed in Iran. Pakistani forces have at times cooperated with Iran in detaining militants, including Mr. Rigi’s brother, Abdolhamid Rigi, but have often insisted that they are overwhelmed by internal security problems, and could not prioritize securing the border with the Islamic republic. “Our policy has been consistently anti-Iran,” said Khalid Ahmad, an author and journalist who focuses on militants.

Jundullah’s US contact point in the early 2000s was reported to be Thomas McHale, a 56-year-old hard-charging, brusque and opinionated Port Authority of New York and New Jersey detective and former ironworker, who had travelled to Pakistan and Afghanistan as part of his work for a Joint Terrorism Task Force in Newark. Known for his disdain for bureaucratic restrictions, Mr. McHale maintained contact with Jundallah and members of the Rigi tribe in an off-the-books operation.

Mr. McHale, a survivor of the 1993 attack on New York’s World Trade Towers, had made a name for himself by rescuing survivors of the 9/11 attack on the towers. He played himself in Oliver Stone’s movie, World Trade Center, in which Nicolas Cage starred as a Port Authority police officer.

Jundallah ambushed a motorcade of Iranian President Mahmoud Ahmadinejad in 2005 but failed to kill him.

Mr. Rigi’s boyish, grinning face became as a result of the ambush the defining image of Baluch jihad in Iran. A year later, the group bombed a bus carrying Iranian Revolutionary Guards. Jundallah and associated groups such as Jaish al-Adly (Army of Justice), another Sipah offshoot, have since targeted Iranian border posts, Revolutionary Guards, police officers, convoys and Shiite mosques.

General Sharif and Pakistan’s position were not made easier with the recent killing by Jaish al Adl militants operating from Pakistani Balochistan of ten Iranian border guards and with Iran’s expressions of displeasure with the general’s appointment as commander of the Saudi-led military alliance.

US officials insisted in Mr. McHale’s time that government agencies had not directed or ever approved Jundallah operations. The US designated Jundallah as a terrorist organization in 2010, but that did not stop Sunni Muslim militant anti-Iranian operations. In what analysts see as an indication of Saudi influence, Jaish al-Adel issues its statements in Arabic rather than Baluchi or Farsi.

In response, Iran has attacked the militants and raided villages in Balochistan. Arif Saleem, a 42-year old villager recalls being woken in the wee hours of the morning in November 2013 when bombs dropped just outside the mud walls that surround his family compound in Kulauhi, 67 kilometres from the Pakistani border with Iran. Located in a district that is an epicentre of a low-level proxy war with Iran, Kulauhi’s residents survive on subsistence farming and smuggling. “Some buildings collapsed. Luckily, none of the kids were inside those. The blast was so strong, we thought the world was ending,” said Saleem, convinced that Iranian planes from an airbase on the Iranian side of the border carried out the bombing.

The spectre of ethnic proxy wars threatens to further destabilize the Gulf as well as Pakistan. The Baloch insurgency in Pakistani Balochistan has complicated Chinese plans to develop Gwadar and forced Pakistan to take extraordinary security precautions. A stepped-up proxy war could embroil Indian-backed Chabahar in the conflict. The wars could, moreover, spread to Iran’s Khuzestan and Saudi Arabia’s Eastern Province.

Writing in 2012 in Asharq Al Awsat, a Saudi newspaper, Amal Al-Hazzani, an academic who has since been dropped from the paper’s roster after she wrote positively about Israel, asserted in an op-ed entitled “The oppressed Arab district of al-Ahwaz“ that “the al-Ahwaz district in Iran...is an Arab territory... Its Arab residents have been facing continual repression ever since the Persian state assumed control of the region in 1925... It is imperative that the Arabs take up the al-Ahwaz cause, at least from the humanitarian perspective.” Other Arab commentators have since opined in a similar fashion.

Fuelling ethnic tensions risks Iran responding in kind. Saudi Arabia has long accused Iran of instigating low level violence and protests in its predominantly Shiite oil-rich Eastern Province as well as being behind the brutally squashed popular revolt in majority Shiite Bahrain and intermittent violence since. Rather than resolving conflicts, a Saudi-Iranian war fought with ethnic and religious proxies threatens to escalate violence in both the Gulf and South Asia.
 

sthf

Senior Member
Joined
Nov 21, 2016
Messages
2,271
Likes
5,327
Country flag
The more things change…

Pakistan’s trade deficit has increased by 40pc in the first 10 months of this fiscal year to $26.55bn. This is already almost $5bn over the target the finance ministry had set for 2017. The current account deficit has widened by over 200pc in the first 10 months of this year to $7.25bn.

Vision 2025, released in 2014, envisaged Pakistan’s exports rising from $25bn to $150bn by 2025. Exports, however, are not recovering, falling by 1.3pc to $17.91bn, compared to the same period last year.

https://www.dawn.com/news/1334646/the-more-things-change
 

Tarun Kumar

Regular Member
Joined
Dec 12, 2016
Messages
942
Likes
1,047
Their trade deficit itself is more than forex reserves. Truly staggering.Even Chinese may not be able to bail out this failed state.
 

mayfair

Senior Member
Joined
Feb 26, 2010
Messages
6,032
Likes
13,109
This K-electric is under Chini control right?

Inshallah, Pakistan is one step closer to fulfilling its destiny of becoming the same as the land of their ancestors- the new Medina.

Always remember

 

Mikesingh

Professional
Joined
Sep 7, 2015
Messages
7,353
Likes
30,450
Country flag
Why dont we count india as a supa pawa .ohh wait it is still a street shiting third world contry
Oh wait.....That's better than being shat upon by the Chinese like you Porks! You fellows are up to your necks in shit - most of it Chinese - and that ain't fake shit just because it's Chinese. It's the real stuff! :tongue:
 

Cutting Edge 2

Space Power
Regular Member
Joined
Apr 17, 2017
Messages
984
Likes
1,969
Trump proposes to convert US grant to Pakistan into loan
PTI | Updated: May 23, 2017, 03.21 PM IST
HIGHLIGHTS
  • The Trump administration has left it for the State Department to take a final call on the proposal.
  • The move is seen as part of the Trump administration's efforts to cut foreign aid budgets.
Trump administration has left it for the State Department to take a final call on the proposal.

http://timesofindia.indiatimes.com/...o-pakistan-into-loan/articleshow/58801920.cms
 

Latest Replies

Global Defence

New threads

Articles

Top