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India and Pakistan face one of the most serious security threats since the end of British rule 62 years ago as Islamist militants advance towards Islamabad, Richard Holbrooke, the US special representative to Pakistan and Afghanistan, said on Monday.
The warning came as Pakistan said it would seek a further $4.5bn loan from the International Monetary Fund to support a fragile economy sapped by mismanagement, the global financial crisis and a militant insurgency. The funds would be in addition to a $7.6bn rescue package agreed at the end of last year to save Pakistan from a balance of payments crisis.
Speaking in New Delhi, Mr Holbrooke said the "terrifying" loss of control of the Swat Valley in Pakistan to Taliban militants highlighted the urgent need to combat a security threat of global proportions emanating from south Asia.
The push by militants into the former tourist area - barely a three hour drive from the Pakistani capital has shocked Pakistanis and many in the international community.
Swat has really deeply affected the people of Pakistan not just in Peshawar but in Lahore and in Islamabad, Mr Holbrooke said.
What has happened in Swat demonstrates that India, the US and Pakistan all have a common threat. Its the first time in 60 years, since independence, that your country (India), Pakistan and the US all face an enemy which poses a direct threat to our capitals, our leadership and our people.
Mr Holbrooke was on the last leg of a three-nation tour during which he held talks with the Pakistani and Afghan leadership to forge a new approach to the region under the US administration of President Barack Obama.
His visit on Monday to Delhi coincided with a Pakistani provincial government striking a controversial agreement with Islamist militants to introduce Islamic shariah laws in return for peace.
The agreement between the government of the North West Frontier Province (NWFP) and the Tanzeem-e-Nifaz Shariat Mohammadi, or the Movement for the Enforcement of Islamic Laws, calls for the introduction of Islamic courts across a northern administrative region that includes the Swat Valley.
Islamist militants have waged a year long campaign in Swat, killing local leaders, closing schools and forcing an exodus of people. They have also attacked Malam Jabba, one of Pakistans few ski resorts, and set it on fire.
Amir Haider Khan Hoti, chief minister of the NWFP, on Monday defended the agreement, saying that it would fill a vacuum created in the area because people were not getting timely justice. He rejected criticism that the new shariah laws threatened to undermine Pakistans constitution and the countrys existing laws.
The central government has backed the deal in the hope that it can retake control of lost territory. We needed to create a window of opportunity, a period of peace, so that the writ of the Pakistani state could be re-established in Swat, said one government official.
Western diplomats said there was a danger that the governments conciliatory gesture in seeking the agreement could be seen as a sign of weakness. Are militants going to see this [agreement] as a victory to be followed by other victories? asked one diplomat.
FT.com / Asia-Pacific - US warns of Pakistan security threat
The warning came as Pakistan said it would seek a further $4.5bn loan from the International Monetary Fund to support a fragile economy sapped by mismanagement, the global financial crisis and a militant insurgency. The funds would be in addition to a $7.6bn rescue package agreed at the end of last year to save Pakistan from a balance of payments crisis.
Speaking in New Delhi, Mr Holbrooke said the "terrifying" loss of control of the Swat Valley in Pakistan to Taliban militants highlighted the urgent need to combat a security threat of global proportions emanating from south Asia.
The push by militants into the former tourist area - barely a three hour drive from the Pakistani capital has shocked Pakistanis and many in the international community.
Swat has really deeply affected the people of Pakistan not just in Peshawar but in Lahore and in Islamabad, Mr Holbrooke said.
What has happened in Swat demonstrates that India, the US and Pakistan all have a common threat. Its the first time in 60 years, since independence, that your country (India), Pakistan and the US all face an enemy which poses a direct threat to our capitals, our leadership and our people.
Mr Holbrooke was on the last leg of a three-nation tour during which he held talks with the Pakistani and Afghan leadership to forge a new approach to the region under the US administration of President Barack Obama.
His visit on Monday to Delhi coincided with a Pakistani provincial government striking a controversial agreement with Islamist militants to introduce Islamic shariah laws in return for peace.
The agreement between the government of the North West Frontier Province (NWFP) and the Tanzeem-e-Nifaz Shariat Mohammadi, or the Movement for the Enforcement of Islamic Laws, calls for the introduction of Islamic courts across a northern administrative region that includes the Swat Valley.
Islamist militants have waged a year long campaign in Swat, killing local leaders, closing schools and forcing an exodus of people. They have also attacked Malam Jabba, one of Pakistans few ski resorts, and set it on fire.
Amir Haider Khan Hoti, chief minister of the NWFP, on Monday defended the agreement, saying that it would fill a vacuum created in the area because people were not getting timely justice. He rejected criticism that the new shariah laws threatened to undermine Pakistans constitution and the countrys existing laws.
The central government has backed the deal in the hope that it can retake control of lost territory. We needed to create a window of opportunity, a period of peace, so that the writ of the Pakistani state could be re-established in Swat, said one government official.
Western diplomats said there was a danger that the governments conciliatory gesture in seeking the agreement could be seen as a sign of weakness. Are militants going to see this [agreement] as a victory to be followed by other victories? asked one diplomat.
FT.com / Asia-Pacific - US warns of Pakistan security threat