(08 Jan, 2018)
President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Monday said the US is less worried about its failure in Afghanistan and more concerned about growing economic ties between Pakistan and China.
Also, warmth in relations between Pakistan and Russia is not going down well with the White House, he said.
Mian Zahid Hussain said that Pakistan can never accept Indian dominance in the region nor it can ditch China or become a tool to damage Beijing to please the USA.
The former minister said that US president is expressing concern about the aid of 33 billion dollars to Pakistan during the last sixteen years of which only twenty-five percent was the economic aid but he is silent over wastage of 714 billion dollars in Afghanistan as the majority of the country is still under control of Taliban.
America is directly responsible for failure in its longest and costliest war, The US should point out the sanctuaries for terrorists if there are any, instead of blaming Pakistan for supporting terrorists.
Actually, the veteran business leader said while talking to the business community, US is afraid of the rise of China and wants to use Pakistan as a tool against it which is not acceptable.
The US knows that Pakistan has to pay six billion dollars in the next six months to creditors, current account deficit will jump to eight billion dollars until June while, the yearly trade deficit will be 35 billion dollars and the budget deficit will be over Rs two trillion.
Moreover, keeping foreign exchange reserves would be a problem while a loan of ten billion Yuan will not resolve all the problem being faced by the country.
Therefore, US continue to blackmail Pakistan while China and Russia should realise the situation and help Pakistan tackle the economic problems so that Pakistan can remain steadfast on its principled stand. In this context, Pakistan Also needs to focus on increased exports.
