ahlam1399
01-11-2017, 10:03 AM
https://www.thenews.com.pk/assets/uploads/updates/2017-01-10/l_178141_110314_updates.jpg Using its strategic geopolitical positioning, Pakistan has scored several eco**mic advantages leaving India behind, said an article published in Forbes.
Pakistan, it said, successfully negotiated with the US and China for a ****** of financial benefits and exploited its proximity to Afghanistan to get its huge foreign debts written off from Washington.
“Beijing needed a western route to the Middle East, and Africa–China’s second continent. Ideologically that is, which can explain why Beijing committed $46 billion to China-Pakistan Eco**mic Corridor (CPEC),” says the Forbes article.
Pakistani government under General (Retd) Pervez Musharraf was successful in having its huge external debt, constituting 60% of GDP, written off.
This led to a major strengthening in Pakistani currency and an increase in inflow of foreign capital, with the country subsequently enjoying a burgeoning financial landscape, wrote contributing Forbes writer Pa**s Mourdoukoutas, who is a professor of eco**mics at New York's LIU Post and Columbia University.
More recently, China's interest in investment in Pakistan as well as the China-Pakistan Eco**mic Corridor has brought the country into spotlight. While tensions remain between Chinese and Indian leadership, Pakistan has fully benefitted from the next-door eco**mic giant.
China has also blocked several attempts by India to join the Nuclear Supplier Group (NSG), as well as sided with Pakistan on the Kashmir issue, the US magazine **ted.
http://feeds.feedburner.com/~r/com/YEor/~4/3pE5NUOxrns
أكثر... (http://feedproxy.google.com/~r/com/YEor/~3/3pE5NUOxrns/178141-Pakistan-beats-India-at-geopolitics)
Pakistan, it said, successfully negotiated with the US and China for a ****** of financial benefits and exploited its proximity to Afghanistan to get its huge foreign debts written off from Washington.
“Beijing needed a western route to the Middle East, and Africa–China’s second continent. Ideologically that is, which can explain why Beijing committed $46 billion to China-Pakistan Eco**mic Corridor (CPEC),” says the Forbes article.
Pakistani government under General (Retd) Pervez Musharraf was successful in having its huge external debt, constituting 60% of GDP, written off.
This led to a major strengthening in Pakistani currency and an increase in inflow of foreign capital, with the country subsequently enjoying a burgeoning financial landscape, wrote contributing Forbes writer Pa**s Mourdoukoutas, who is a professor of eco**mics at New York's LIU Post and Columbia University.
More recently, China's interest in investment in Pakistan as well as the China-Pakistan Eco**mic Corridor has brought the country into spotlight. While tensions remain between Chinese and Indian leadership, Pakistan has fully benefitted from the next-door eco**mic giant.
China has also blocked several attempts by India to join the Nuclear Supplier Group (NSG), as well as sided with Pakistan on the Kashmir issue, the US magazine **ted.
http://feeds.feedburner.com/~r/com/YEor/~4/3pE5NUOxrns
أكثر... (http://feedproxy.google.com/~r/com/YEor/~3/3pE5NUOxrns/178141-Pakistan-beats-India-at-geopolitics)