Geopolitically Important Pakistan Brings China, Russia, US Together For 45-Nation Exercises Hosted by Pak Navy
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Pakistan is hosting navies from 45 nations, including the United States, China and Russia, for a joint military exercise named "AMAN 2021" in the North Arabian Sea later this month. This is the first time in a decade that Russian naval ships will attend drills with multiple NATO members.
The news prompted Indian defense analyst Pravin Sawhney to tweet: "Pakistan Navy Aman 21 exercise brings US, China & Russian navies together - what more needs to be said of Pak’s geopolitical importance in times of change!"
United Kingdom, Turkey, Bangladesh, Sri Lanka, Indonesia, Malaysia and several countries from the African Union are also among participants of "AMAN 2021" The last time the Russian navy conducted joint military drills with NATO members was in the "Bold Monarch" exercise in 2011, which took place off the coast of Spain, according to Voice of America.
There was a lot of speculation in the western media about the objectives of Pakistan policies being pursued by China and the United States, the two great powers in Asia region, and their impact on the US-China competition for world dominance. Such speculations was centered on the debt related to China-Pakistan Economic Corridor (CPEC) and the US leverage in IMF bailout of Pakistan that was approved in 2019.
American business publication Wall Street Journal has produced a short video explaining how its staff sees what it describes as "US-China conflict brewing in Pakistan". What is at stake in the battle between China and the United States in Pakistan is the prize of global superpower status. Here are the key points it made back in 2019:
1. The US-China conflict brewing in Pakistan is about global dominance sought by the two great powers.
2. If China succeeds, it could become the new center of global trade. If the US wins, it could frustrate China's push to become a global power. The impact of it will be felt around the world for decades.
3. China has already surpassed the United States as the world's biggest exporter of goods and services.
4. The biggest project in China's Belt and Road Initiative (BRI) is China-Pakistan Economic Corridor (CPEC) in which China is investing heavily and providing massive loans.
5. China could use the infrastructure built in Pakistan under CPEC to gain access to the Indian Ocean and supplant the United States in Pakistan.
6. CPEC-related spending is sinking Pakistan deeper in debt to China. It could force Pakistan to seek $8 billion to $12 billion bailout by IMF where US is the biggest shareholder with veto power.
7. US does not want the IMF bailout money to be used to repay Chinese debt. Not bailing out Pakistan is not an option because it could cost US an important ally in the region.
8. US could, however, use IMF bailout to limit what Pakistan can borrow from China. Such a condition will achieve the US objective of significantly slowing down CPEC and BRI.
9. Pakistan's dilemma is that it needs both the infrastructure improvements financed by China and the IMF bailout to ease pressure on its dwindling foreign exchange reserves.
10. Whoever wins in Pakistan will become the number one global superpower.
Here's the Wall Street Journal video:
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Geopolitically Important Pakistan Brings China, Russia, US Together For 45-Nation Exercises Hosted by Pak Navy
News, analysis and opinions about India, Pakistan, US, Canada, Europe, Mid East, South Asia, Silicon Valley, High Technology, Economy, Politics, World
www.riazhaq.com