Title: Pakistan: A Broken Wing
- The U.S. has suspended more than $1.15 billion military assistance to Pakistan.
- It has accused Islamabad of harbouring terror groups like the Afghan Taliban and Haqqani Network within its border.
- The U.S. said, Pakistan is showing unwillingness to take ‘decisive actions’ against these terror groups.
- Afghan Taliban and Haqqani Network are finding bases in Pakistan.
- Pakistan’s failure to curb terrorism.
- Pakistan’s double game.
- Pakistani Military uses ‘Islamist Extremism’.
- Non-serious attitude
“The U.S. financial assistance was insignificant.”
Pakistan will reach out to ‘iron brother’ China.
Pakistan’s central bank announced to replace U.S. Dollar with Yuan.
Pakistan China Relations:
- Both are all-weather partners.
- China is investing in China-Pakistan economic corridor.
- Beijing’s pledge of more than $100 billion in loans for the China-Pakistan Economic Corridor infrastructure, power projects.
- Pakistan is financed through the World Bank, the IMF and the ADB.
- The U.S is a major shareholder of these organisations.
- Pakistan’s foreign exchange reserves are sharply down.
Why the U.S. needs Pakistan?
- Access of NATO forces to Afghanistan.
- Pakistan’s influence on terror organisations is needed to peacefully conduct the elections in Afghanistan.
Consequences
- It could trigger a breakdown in ties between the U.S. and Pakistan, which could threaten cooperation on intelligence, nuclear safety and the war in Afghanistan.
- The U.S attempts to hold Pakistan’s feet to the fire to support Terror groups is a positive development.
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