Pak seeks bigger SAARC to counter India's influence

October 12, 2016

Islamabad, Oct 12: Pakistan is exploring the possibility of creating a greater South Asian economic alliance to include China, Iran and neighbouring Central Asian republics as part of its bid counter India's influence in SAARC, a media report said today.pak

Dawn News, citing diplomatic observers, said Pakistan is exploring the possibility of creating a greater South Asian economic alliance to counter India's "controlling hold" on the eight-member South Asian Association for Regional Cooperation (SAARC).

A parliamentary delegation from Pakistan, which is now in New York, pitched this idea during its five-day visit to Washington last week, the report said.

"A greater South Asia is already emerging," Senator Mushahid Hussain Syed was quoted as saying in one of his interactions with the media.

"This greater South Asia includes China, Iran and the neighbouring Central Asian republics," he said.

He described the China-Pakistan Economic Corridor as the key economic route linking South Asia with Central Asia.

The Gwadar port, Syed said, would be the nearest warm water port, not only for China but also for the land-locked Central Asian states. "We want India to join this arrangement as well," said Syed.

Indians are "unlikely to accept" the offer as they are comfortable with the advantage that SAARC provides them, the report said.

"India used its influence in SAARC to isolate Pakistan when it announced that it would not attend the regional group's 19th summit, scheduled in Islamabad," the report said.

Citing continuous cross border terrorism by Pakistan, India had announced last month that "in the prevailing circumstances, the Indian government is unable to participate in the proposed Summit in Islamabad."

Besides India, four other SAARC members -- Bangladesh, Bhutan, Sri Lanka and Afghanistan -- had also pulled out of the summit.

"Among the eight SAARC nations, Afghanistan and Bangladesh are India's strong allies while Bhutan, surrounded by India from all sides, is too small to resist any move from New Delhi. The Maldives, Nepal and Sri Lanka have good ties with Pakistan, but they are not large enough to take on India," the report said.

The report cited that a senior diplomat had confirmed reports that Pakistan is actively seeking a new regional arrangement.

"Apparently, the showdown forced Pakistan to conclude that in its present shape, SAARC will always be dominated by India. That's why they are now talking about a greater South Asia," the diplomat was quoted as saying.

"Pakistan hopes that this new arrangement will give it more room to manoeuvre when India tries to force a decision on it," another diplomat said.

The report quoted diplomatic observers in Washington as saying that the proposed arrangement also suits China as it is also worried about India's rapidly growing influence in the region.

"They argue that China can play an important role in persuading Central Asian republics and Iran to join the new arrangement. But the observers warn that SAARC members will have little interest in supporting the idea," the report said.

"There is not much benefit for Bangladesh, Nepal and Sri Lanka in joining a land route far from their borders and Bangladesh and Sri Lanka have their own ports," it said.

The report stated thatt he member that is likely to get the most benefits from a greater South Asian alliance is Afghanistan, which is technically a land-locked Central Asian nation.

Any trade route that links South and Central Asian regions is good for Afghanistan, it noted.

"But observers believe that Afghanistan is too closely linked to India to join any arrangement that hurts India's interests. Afghanistan's presence in SAARC, however, justifies Pakistan's argument that Central Asian nations can be included in a greater South Asia.

Afghanistan applied for SAARC membership in 2006 and joined a year later, generating an interesting debate on the definition of South Asian identity because Afghanistan is a Central Asian country, the report said.

"But, as a South Asian diplomat pointed out, even if a greater South Asia became reality, there's no guarantee that its members would support Pakistan in its disputes with India," it said.

"Many Central Asian states have strong ties with India and Iran too has problems with Pakistan," the diplomat was quoted as saying.

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Rikaz
 - 
Wednesday, 12 Oct 2016

India should not have cancelled this conference....

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News Network
July 20,2020

Islamabad, Jul 20: Six advisors of Pakistan Prime Minister Imran Khan posses dual citizenships and several of top 20 aides have admitted of owning movable and immovable assets worth millions of dollars abroad.

The list was published on the official website of Pakistan government's cabinet division.
All the dual nationals were working as special assistants to the prime minister (SAPM). 

These people include SAPM on Overseas Pakistanis Syed Zulfiqar Abbas Bukhari (UK), SAPM on Power Division Shahzad Qasim (US), SAPM on Petroleum Nadeem Babar (US), SAPM on Political Affairs Shahbaz Gill (US), SAPM on Parliamentary Coordination Nadeem Afzal Gondal (Canada) and SAPM on Digital Pakistan Tania Aidrus (Canadian citizenship by birth).

According to Gulf News report, the wealthiest SAPM is Power Division and Mineral Resources Assistant Shahzad Syed Qasim who has assets worth over Rs 4 billion followed by SAPM on Petroleum Nadeem Babar with assets worth Rs 2.75 billion. Meanwhile, Adviser for Overseas Pakistanis Syed Zulfiqar Abbas Bukhari's net assets is estimated over Rs 2 billion.

Giving further details of the wealthiest SAPM, the official website stated that the PM's aide on Power Division and Coordination of Marketing and Development of Mineral Resources owns assets in Pakistan, UAE and US. His three properties in UAE include two villas in Jumeirah Golf Estates and Sienna Lakes, Jumeirah Golf Estates and an apartment at Park Towers, DIFC - all worth Dh20,688,000. He has three cars in the UAE worth Dh400,000 and in the US, he has property worth US$865,000 while he has Rs 4 billion in various local and foreign bank accounts and retirement funds including $2.1 million in US.

Meanwhile, Nadeem Babbar, who is Special Assistant on Petroleum Division, owns assets worth over Rs 2.7 billion, including several properties in Pakistan and abroad and stakes in more than 30 local and foreign companies.

The Gulf News further reported that in the list Dr Moeed Yusuf's, Special Assistant to the Prime Minister on National Security Division and Strategic Policy Planning, the name was also included but was later withdrawn as it was clarified that he had the US residency and only holds the citizenship of Pakistan as per the affidavit submitted to the government. "I have not returned to the US since I took up my current responsibility, have no employment or income in the US nor do I have any millions worth properties abroad" Dr Yusuf was quoted as saying.

The latest list on PM Imran Khan's advisors possessing dual nationalities has sparked strong criticisms by the Opposition leaders.

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News Network
February 14,2020

London, Feb 14: Five years ago Britain’s new finance minister Rishi Sunak wasn’t even a member of parliament and now he is running the world's fifth largest economy.

The 39-year-old former Goldman Sachs banker was appointed in dramatic fashion on Thursday when incumbent Sajid Javid unexpectedly quit — in a row over advisers — during what Downing Street had cast as a routine ministerial reshuffle.

Sunak is married to the daughter of Infosys co-founder NR Narayana Murthy, and was hand-picked to take over an ultra-safe seat in northern England, previously represented by former Conservative Party leader William Hague. The Murthy family was not reachable for comment.

In July, when he was promoted chief secretary to the Treasury, Murthy had said: “Our advice to our children, including Rishi, has been to work hard, be honest, and do good for society…We wish him well.”

After Thursday’s announcement, Sunak said: “Delighted to be appointed... Lots to get on with.”

Tipped for Promotion

As Boris Johnson moves to increase control of the finance ministry, one of the youngest chancellors in history will face a prime minister who wants to increase government spending on everything from infrastructure and police to health and education.

Sunak, seen as a rising star in the ruling Conservative Party since he entered Parliament in 2015, had been tipped for promotion to a senior post in the ministerial rejig as Johnson put together his post-Brexit cabinet.

But, despite an already rapid ascent through the ranks of government, few expected the Oxford University Politics, Philosophy and Economics graduate to ascend to one of the highest offices in the land.

Sunak had been serving as Javid’s deputy in the finance ministry since Johnson promoted him upon taking office in July 2019. Prior to that he had served as a junior housing minister.

“From working in my mum’s tiny chemist shop to my experience building large businesses, I have seen first-hand how politicians should support free enterprise and innovation to ensure our future prosperity,” Sunak says on his website.

Smooth and loyal

Seen as a smooth media performer and ultra-loyal member of the Conservative Party, Sunak has been used by the government to present and defend their policies in television interviews — a sign of trust from Johnson, who has a fraught relationship with Britain’s media.

Sunak takes control at a critical juncture for Britain’s $2.7 trillion economy. He will have to steer the economy through the turbulence of leaving the European Union and the forging of new trade links that will define Britain’s new relationship with the world.

However, the power struggle that forced his predecessor Javid to quit hints at a more diminished role for what is the second most powerful position in the government — with Johnson’s office wanting to centralise control and minimise dissent.

Sunak is one of the three ministers of Indian origin in Johnson’s cabinet, the other two being Priti Patel and Alok Sharma. Patel remains the interior minister after the cabinet reshuffle while Sharma, a former minister for international development, was appointed the new minister for business. Sunak’s father was a doctor and his mother ran a chemist shop. Before entering politics he worked for Goldman Sachs and a hedge fund, then co-founded an investment firm. He also has an MBA from Stanford University.

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Agencies
May 17,2020

Washington, May 17: The overall number of global coronavirus cases has increased to over 4.6 million, while the death toll has surpassed 311,000, according to the Johns Hopkins University.

As of Sunday morning, the total number of cases stood at 4,634,068, while the death toll increased to 311,781, the University's Center for Systems Science and Engineering (CSSE) revealed in its latest update.

The US currently accounts for the world's highest number of cases and deaths at 1,467,796 and 88,754, respectively.

In terms of cases, Russia has the second highest number of infections at 272,043, followed by the UK (241,461), Brazil (233,142), Spain (230,698), Italy (224,760), France (179,630), Germany (175,752), Turkey (148,067) and Iran (118,392), the CSSE figures showed.

Meanwhile, the UK accounted for the second highest COVID-19 deaths worldwide at 34,546.

The other countries with over 10,000 deaths are Italy (31,763), Spain (27,563), France (27,532), and Brazil (15,662).

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