Pakistan beats India at geopolitics
 

https://www.thenews.com.pk/assets/up...14_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.

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