Non Aligned Movement (NAM)

[R2D2]

The World has moved from a Uni-Polar to a Multi-Polar system. In this scenario, Pakistan has become a Tug of War match between USA and China. It is reported that PTI govt. stalled the CPEC projects at the behest of America.

Saudi Arabia recently made an agreement with Iran under Chinese brokering for re-establishing diplomatic ties. Saudi Arabia is also importing Diesel from Russia. Russia and China are doing their trade in Chinese Currency. Russia also made a deal with Brazil to replace trade in Dollars to another suitable currency. India is a US ally and still imports oil from Russia.

"According to reports quoting Russian lawmaker Alexander Babakov, the BRICS nations are in the process of creating a new medium for payments - established on a strategy that "does not defend the dollar or euro". He reportedly indicated that the new currency would be secured by gold and other commodities such as rare-earth elements."

Imran Khan made an abrupt visit to Russia on the day of Ukraine invasion which made Pakistan a target for the West. Zulfiqar Ali Bhutto also tried to switch from the Western Alliance to the Soviet Bloc but he was punished for it.

Pakistan is a small and now weakened player in international politics. It is suggested that Pakistan should not play an active role in taking sides so that it does not become a target. Instead, it should become active in the Non Aligned Movement (NAM) and keep trading ties with all the blocs. NAM was active in USA-USSR competition as an alternative forum for third world counties.

Additionally, Pakistan should focus on trade with Afghanistan and Iran by abolishing Customs Duties.

HOME | NAM PN

www.nam-pn.org

 

[Baburfromsarmarkand]

I wonder if China at this point eclipsed the Soviets. The US really feared the soviets and their spy network was better then the CIA or even ISI.
Wonder if USA really sees china as a threat. The Soviets had submarines patrolling all the worlds seas, not sure if China has that going on.

 

[Kaniska]

I wonder if China at this point eclipsed the Soviets. The US really feared the soviets and their spy network was better then the CIA or even ISI.
Wonder if USA really sees china as a threat. The Soviets had submarines patrolling all the worlds seas, not sure if China has that going on.

I feel the US sees the Soviets as a more idealogical rival than China.

 

[R2D2]

I wonder if China at this point eclipsed the Soviets. The US really feared the soviets and their spy network was better then the CIA or even ISI.
Wonder if USA really sees china as a threat. The Soviets had submarines patrolling all the worlds seas, not sure if China has that going on.

The next ten years will see bitter rivalry between the groups. After that the situation will cool down.

 

[K_Bin_W]

I wonder if China at this point eclipsed the Soviets. The US really feared the soviets and their spy network was better then the CIA or even ISI.
Wonder if USA really sees china as a threat. The Soviets had submarines patrolling all the worlds seas, not sure if China has that going on.

It all boils down to the economy, Given the trajectory China will surpass US in next few years (unless it already has depends how you crunch the numbers) but it will not follow the same path as the USSR or USA. Its posture will remain defensive by policy with a second strike capability to deter US. I don't think China has plans to be an international policeman or a terrorist.

 

[R2D2]

We should think of replacing export destinations from USA and Europe to Africa, Middle East, Central Asia and South America. By diversifying export destinations, we will get out of their hegemonic control of our economy.

 

[Edevelop]

We should think of replacing export destinations from USA and Europe to Africa, Middle East, Central Asia and South America. By diversifying export destinations, we will get out of their hegemonic control of our economy.

Pakistan has nothing valuable to export. It must first diversify its economy and invest in infrastructure

 

[Jazzbot]

It is reported that PTI govt.

Negative.

 

[R2D2]

Pakistan has nothing valuable to export. It must first diversify its economy and invest in infrastructure

Garments can be sold anywhere.

 

[Krptonite]

Garments can be sold anywhere.

Can they be sold at the most opportune cost at the best quality possible against others in competition. That would be the most relevant question.

Western markets remain the most profitable, GoP would need to outcompete others to gain market share and to do so would require a manufacturing eco system at home that would optimise the entire logistics chain to arrive at the most oppurtune economic cost. The real challenge is in the creation and sustainance of such a system.

 

[R2D2]

Can they be sold at the most opportune cost at the best quality possible against others in competition. That would be the most relevant question.

Western markets remain the most profitable, GoP would need to outcompete others to gain market share and to do so would require a manufacturing eco system at home that would optimise the entire logistics chain to arrive at the most oppurtune economic cost. The real challenge is in the creation and sustainance of such a system.

The focus here is not on getting a highest price but finding alternative markets for our products so as not to be dependent on western markets.

 

[Krptonite]

The focus here is not on getting a highest price but finding alternative markets for our products so as not to be dependent on western markets.

Its not about the highest price, even if the objective is to find alternative markets, you'd still be competing with others in every global market.

If, currently the most attractive market is undesirable for political reasons and one wishes to enter alternative ones you'd still be in competition with other global suppliers. It would also lead to loss in the inflows of dollars and its status as a global currency makes it desirable.

All im implying is that your proposition is not as easy to achieve and there are no markets besides larger economies that would counter balance western markets, so in the short term shifting markets might even cause harm to textile producers.

 

[R2D2]

Its not about the highest price, even if the objective is to find alternative markets, you'd still be competing with others in every global market.

If, currently the most attractive market is undesirable for political reasons and one wishes to enter alternative ones you'd still be in competition with other global suppliers. It would also lead to loss in the inflows of dollars and its status as a global currency makes it desirable.

All im implying is that your proposition is not as easy to achieve and there are no markets besides larger economies that would counter balance western markets, so in the short term shifting markets might even cause harm to textile producers.

I am also considering the idea of production for local consumption. Pakistan is itself a large market and secondly, concentrating on selling to our neighboring countries like Iran and Afghanistan and also to Central Asia and other Third World countries. Our electrical products are of a better quality than Chinese products.

 

[Krptonite]

I am also considering the idea of production for local consumption. Pakistan is itself a large market and secondly, concentrating on selling to our neighboring countries like Iran and Afghanistan and also to Central Asia and other Third World countries. Our electrical products are of a better quality than Chinese products.

You could definitely increase trade with neighbors and benefit but the bone of contention would be that an Afgan or an Iranian would not have a similar purchasing power as compared to those living in the western economies. That translates to lesser money available to purchase products. You would earn much less from numerous customers in these countries as compared to much more from fewer customers from western economies.

The currency you'd get from trade with Iran and afghanistan would be their own in which case you would have to buy some of their products to balance trade or be stuck with currencies no one else might accept. Either that or be dependant on global currencies such as the us dollar, euro, rnb. But to get those you would either have to buy them or get them throught trade with the afore mentioned countries and the problem would come full circle.

So long as the GoP requires US dollars to fullfill her import needs, there can be no substitute for trade with western economies.

 

[R2D2]

You could definitely increase trade with neighbors and benefit but the bone of contention would be that an Afgan or an Iranian would not have a similar purchasing power as compared to those living in the western economies. That translates to lesser money available to purchase products. You would earn much less from numerous customers in these countries as compared to much more from fewer customers from western economies.

The currency you'd get from trade with Iran and afghanistan would be their own in which case you would have to buy some of their products to balance trade or be stuck with currencies no one else might accept. Either that or be dependant on global currencies such as the us dollar, euro, rnb. But to get those you would either have to buy them or get them throught trade with the afore mentioned countries and the problem would come full circle.

So long as the GoP requires US dollars to fullfill her import needs, there can be no substitute for trade with western economies.

US Dollar is losing its position World wide and this article is also based on getting out of the dependence of the West and to find alternatives. We will have the option to trade in Dollars, RNB or Euro or Roubles or Gold or Oil or the new currency being discussed by BRICS countries. Maybe we can open up trade with India and do land trade with Russia through the new North South Corridor.