UAE again outside Pakistan, huge investment of 25 billion dollars


- Pakistan knows nothing except spreading terrorism in the name of religion, no matter how much anyone helps, Pakistan will return to the same state of begging.

- UAE's announcement is a proof that, no matter what anyone says, Muslim nations are ready to help each other. Despite the good relations we have, the UAE has never announced such a huge investment in India. There is a huge market in India and if you invest money, you get a huge return, but when it comes to investment, the hands of countries including UAE and Saudi Arabia are tied. Of the $70 billion investment in India by 2023, the UAE's investment is only $3.4 billion. Pakistan's population is one-seventh that of India's, yet the UAE will invest $25 billion in Pakistan, seven times more than India's.

The United Arab Emirates (UAE) has signed an agreement to invest about 25 billion dollars in Pakistan amid talk that even Muslim nations are not ready to help Pakistan, which is economically depleted. It is not clear how much the UAE will invest in the agreement, which was signed in the presence of Pakistan's caretaker government head Anwarul Haq Qakar and UAE President Sheikh Mohammed bin Zayed Al Nahyan in the UAE capital, Abu Dhabi.

It is not clear how many years this investment will be made, but it is clear that this amount will be between 20 billion dollars to 25 billion dollars. This is said to be a very large amount considering that it is between two lakh crore rupees and three lakh crore rupees in Indian rupees. The annual budget of Pakistan is around 50 billion dollars. 50 percent of the annual budget coming as foreign investment is big news not only for Pakistan but for the whole world.

So far, 70 billion dollars have been invested in India in the year 2023. India is a democratic country, one of the most peaceful countries, has the best infrastructure among developed countries, yet we get 70 billion dollars of investment there every year. In contrast, Pakistan is a starving country with no infrastructure. Due to terrorism, Holi is burnt somewhere, but suddenly investment of 25 billion is said to be a big deal.

The UAE's announcement is proof that Muslim nations are ready to help each other, no matter what anyone says. Despite the good relations we have, the UAE has never announced such a huge investment in India. There is a huge market in India and if you invest money, you get a huge return, but when it comes to investment, the hands of countries including UAE and Saudi Arabia are tied.

Of the $70 billion investment in India by 2023, UAE's investment is only $3.4 billion. Pakistan's population is one-seventh of India's, yet UAE will invest 25 billion dollars in Pakistan, seven times more than India. A large part of the investment made in India is in the stock market, whereas in Pakistan, the stock market is not so attractive to invest there. Meaning, whatever the UAE invests, it will only invest in assets.

According to the agreement between Pakistan and UAE, UAE will invest in Pakistan in fuel i.e. petroleum refineries, port operations, wastewater treatment, food security, logistics, mining, aviation, banking and financial services. An important word in this agreement is food security. That means UAE will not let Pakistanis die of hunger, which means that even though UAE calls it investment, it is a kind of help.

This food security assistance is non-refundable. A small investment in other sectors is not a guarantee of return on investment. Rather, there is no guarantee that the capital will be returned, but UAE has to invest because it is interested in helping Pakistan and not making money by investing.

Through this help, UAE has proved that Muslim nations stand by each other in times of trouble. Both Saudi Arabia and UAE helped Pakistan from time to time when its situation was very thin and did not let it sink completely. Now the International Monetary Fund (IMF) approved a bailout package of 3 billion dollars for Pakistan, so Pakistan needs foreign investment so that the IMF feels that the image of Pakistan is improving and other countries are showing interest in Pakistan. UAE has come to the rescue to improve the image of Pakistan.

Pakistan has called the UAE's $25 billion investment announcement as historic. Due to this, the government of Pakistan has also shown optimism that the days of Pakistan, which has been in economic trouble for a long time, will suddenly return and Pakistan will sit again, but there is doubt about the fulfillment of this hope. The reason for this is that no matter how much foreign investment is poured into Pakistan, the rulers of Pakistan do not have the will or vision to rehabilitate the country by making proper use of that investment.

If Pakistan had that vision or gift, then Pakistan would have become prosperous only when Pakistan got a lot of aid from America in 50 years. Countries like Japan and South Korea have become the richest countries in the world with the help of America and their own efforts. America has helped Pakistan more than these countries. America used to pour billions of dollars into Pakistan every year in the name of military aid. Those rupees were spent in Pakistan and nothing happened. In the 75th year of independence, Pakistan came to the verge of bankruptcy and the days of begging with straws have come.

Even after the investment of 25 billion dollars from the UAE, the situation will not change because the Pakistanis do not have the skills to build a nation. Pakistan knows nothing except spreading terrorism in the name of religion, so whether UAE helps or Saudi, nothing will happen to Pakistan. Another two-four years will drag on and Pakistan will return to the same state of beggars.

General Munir's contract, ready for military rule?

After the UAE announced a massive investment of 25 billion dollars in Pakistan, Pakistan's military chief General Asim Munir is being made a diamond, so there are rumors of a military rule in Pakistan. The hashtag 'Welldonearmychief' is currently trending on social media in Pakistan. People are heaping praises on General Munir as the messiah who brought Pakistan out of its economic woes when in reality General Munir had no significant role in the deal with UAE.

Pakistan's caretaker Prime Minister Kakar took Pakistan's delegation to meet the UAE president, including General Munir. After a preliminary discussion in his presence, the details regarding the investment were decided by the officials of the Ministry of Finance. Despite this, qasidas are being read in praise of General Munir as an example of courage, adventure and duty towards the country. Big posters have been put up everywhere in Pakistan. This poster does not mention anyone else. Only General Munir has been honored.

Analysts believe that this is a bid to establish General Munir as the ruler by proving him the savior of the country. General Munir will seize power by intensifying this campaign before the general elections in Pakistan in January.

Pakistan to hand over Karachi port to UAE

The seeds of the agreement between Pakistan and the UAE are said to have been laid in the agreement between Pakistan and the UAE to operate the Karachi port in June this year. One of the largest ports in Asia, Karachi harbor has 33 berths for anchoring ships. Out of them, 4 berths have been given to a UAE company for 10 years for 22 million dollars. Under this agreement, the existing 7.50 lakh container handling capacity of Karachi port will be increased to 10 lakh containers. After that, a new development plan for the entire port will be implemented in 2026.

As the agreement proved beneficial for the UAE company, the UAE is said to have become interested in managing the entire Karachi port. Even if the second investment made in Pakistan does not earn, the Karachi port investment will not suffer and the UAE companies will benefit from this agreement.

Comments

Post a Comment

Popular posts from this blog

A sign of the second revolution in China after Mao's revolution

Image
- Inhumane atrocities on the people caused outrage as the communist leader himself lived in Ayyashi. - In almost all the big cities of China, people are holding violent protests and gradually these protests are turning into demands for democracy instead of lockdown protests. Political analysts believe that the cause of this protest may be the lockdown imposed due to Corona, but the real reason is the growing dissatisfaction and outrage against the communist regime of China. Due to the increasing cases of Corona in China, there has been a flare-up after the Chinese government imposed a zero covid policy. Under the zero covid policy, lockdown has been imposed in areas where corona cases are high. In big cities in China, people are not allowed to go out and are being forced to stay indoors. On November 25, due to the lockdown, a fire broke out in an apartment in Xinjiang, even though people were not allowed to go out in the name of lockdown, 10 people perished. Due to this incident, pe
Read more

Talk of Delhi: Reconciliation with Gehlot, Pilot supporters confused

Image
New Delhi: A meeting called by Congress president Mallikarjun Kharge to end the fight between Ashok Gehlot and Sachin Pilot in Rajasthan has left Pilot's supporters confused. After Ashok Gehlot and Sachin Pilot spoke to Rahul Gandhi for four hours at Mallikarjun Kharge's bungalow, it was announced that the two leaders would contest the next assembly elections together, but there was no crackdown on Pilot's demands. Pilot Vasundhara Raje sought to dissolve the Rajasthan Public Service Commission investigating government corruption and set up a high-level committee to restructure and compensate the unemployed affected by the paper leak. If these three demands are not met, they have warned of fierce agitation. The Gehlot government has not accepted any of the three demands, leaving PILOT supporters confused. Congress sources say that there is still a phase of dialogue between the two and this issue will be resolved. K.C. Venugopal has confirmed this. Cracks in Congress over
Read more

China's Insidious Privacy

Image
As many important countries as there are in the world, they are ruled by almost one-man show politicians. The kind of team leadership that was traditionally used to manage and manage huge countries now appears to be dying out. Due to this, the burden of taking all decisions is placed on a single person. Hence, the possibility of making hasty or wrong decisions increases. This is the situation of the leaders of all important countries including India, Russia, China, America. China has its own top leadership of the People's Party, but its role is very limited. India has a two-tier cabinet. Besides, Rashtrapati Bhavan and Supreme Court are also ready for error correction and guidance. That readiness is sometimes expressed in the form of reprimand. However, the role of the President and the court in the practical management of the entire nation and in the formulation of policies is limited. In China, Xi Jinping enjoys absolute power. There is a Politburo and a Senate to stop them. Ch
Read more

Adhir's allegation, Mamata's daily expenses of 3 lakhs

Image
New Delhi: Trinamool Congress and Congress, the two allies of the anti-BJP Front India, have come face to face again after Congress leader Adhir Ranjan Chaudhary made allegations against Mamata Banerjee. Chaudhary has alleged that Mamata Banerjee used to spend Rs 3 lakh per day in the hotel where she was staying abroad. Even after siphoning off so many rupees from the government's coffers, not a single rupee of foreign investment has come to Bengal from Mamata's foreign travel. Mamata's family members and others went abroad on the pretext of bringing foreign investment to the state and came back having fun without doing anything. Mamata went on a 12-day trip to Spain and Dubai to bring foreign investment to Bengal. The Trinamool Congress termed Chaudhary's words ridiculous and said that facilities including foreign academies will be opened soon in Bengal. That time Chaudhary's lies will be exposed. A special meeting of Shah-Nadda to convince Vasundhara In Rajas
Read more

A minor was killed in public in Delhi, people watched the spectacle

Image
- For the so-called civil society, this is like drowning with water in the lid - When Sahil stopped the witness in public and stabbed him in the stomach, there were many people around. Most of the people watching the spectacle saw Sahil stabbing the witness. In the CCTV footage, it is seen that some people pass by on the public road and turn back to see Sahil's murderous game but do not try to stop him. Seeing that Sahil was alone and there were at least twenty-twenty five people outside, if an attempt had been made to stop him, the witness could have been saved, but except for one or two people, no one tried to stop Sahil or save the witness, nor did they inform the police. The murder of Shraddha Volkar by her live-in partner Aftab Amin Poonawala, which happened exactly one year ago in Delhi, created a stir. After killing Shraddha, Aftab was caught cutting her body into pieces, keeping it in a freezer and disposing of it slowly. While the details of the Shraddha murder case ha
Read more

Uproar in UP politics due to attack on Chandrasekhar Ravan

Image
There is talk on social media that Chandrasekhar Azad himself staged the attack in an attempt to gain political advantage. - Chandrasekhar Azad Ravan is one of the most interesting characters in UP politics. Chandrasekhar is only 36 years old but has made more enemies than anyone else in UP politics. Ravana is very unpopular with the upper castes especially the Thakurs and Kshatriyas because Azad speaks harshly against the upper castes. Chandrasekhar has been speaking in the same aggressive tone against those who have been playing vote bank politics in the name of Dalits for years. Leaders who have been running their shop in the name of Dalit vote bank in UP for years feel threatened by Chandrasekhar and dislike him. Chandrasekhar is also considered by many as a pawn of BJP and Yogi Adityanath. The attack on Chandrashekhar Azad Ravan, known as the chief of Bhim Army and an extremely aggressive youth Dalit leader, in Saharanpur, Uttar Pradesh, has created an atmosphere of tension and
Read more

Tribal bus services: Even the tribals do not like private bus service very much

Image
JS of Gujarat State Transport Corporation. T. Bus services run across the state. Its foremost is economics, which is rarely seen by the government itself or the public. The main for-profit services of this corporation are in tribal areas. Route Chikkar makes a profit as every route that runs in remote inland tribal areas carries every Chikkar passenger. Other than that thousands of routes suffer losses. In other words, it is the tribals who give food and water to the corporation and the rupee from the hard work of the tribals comes into the possession of the corporation only by becoming a ticket fare, from which the staff of the corporation is paid. The other side of this coin is that the worst i.e. third class services of the corporation are given to the tribal areas. Third class means third class in each stage. The people of the so-called elite society are not equally familiar with the tribal area. Their ignorance is of many different levels. From time immemorial, people living in
Read more

Talking about Delhi: Government will bring home loan subsidy scheme

Image
New Delhi: The government is planning to re-implement the Home Loan Subsidy Scheme to win the Lok Sabha and the five state assembly elections to be held before it. Sources say that the central government will soon announce a Rs 60,000 crore home loan subsidy scheme for people living in raw houses, slums and rented houses in urban areas. Most likely, this scheme will be announced on Gandhi Jyanti, i.e. October 2. Under this scheme, loans of up to 9 lakh rupees will be available at subsidized interest rates starting from 3 percent to 6 percent per annum and 25 lakh people living in urban areas will benefit. This scheme will be different from the existing Pradhan Mantri Awas Yojana-Urban. Sources claim that people taking loans of less than 50 lakh rupees for 20 years will be able to take advantage of this scheme. The plan will be approved in the next cabinet meeting. Modi did not look at Shivraj, did not even mention him In Madhya Pradesh, BJP has given tickets to three Union Minister
Read more

Ultimatum of Akal Takht, terrorism will flare up in Punjab?

Image
- Although Akal Takht has said that we will not do violence, but looking at the history of Akal Takht, Bhagwant Maan knows very well what this threat means. When the demand for Khalistan gained momentum in the 1970s, the Akal Takht used to advise Sufiani to behave peacefully, but through the back door he helped the militants. In fact, in 1983, due to a decision taken by the Akal Takht, terrorism flared up in Punjab. To suppress the Khalistanists who are raising their heads in Punjab, the Punjab Police has conducted an operation and put a number of Khalistanists in jail. Akal Takht has come into the fray where the Khalistanists are on the run with Sardar Amritpal Singh and the Punjab Police is pulling out all the stops to catch him. The Akal Takht is considered the highest religious institution in the Sikh sect. The Akal Takht has given an ultimatum to the Bhagwant Mann government to release all the jailed people within 24 hours. Jathedar of Akal Takht Giani Harpreet Singh criticized
Read more

Talking about Delhi: The government was shocked by the report about the China border

Image
New Delhi: There is peace on the border between India and China now, but the report presented during the DGP conference has shocked the government. According to this report, Indian Army is not patrolling 26 points out of the 65 patrolling points of the Line of Actual Control (LAC). The areas from Karakoram Pass to Chumur are not being patrolled by the Indian Army so China can intrude and claim these areas. Areas that are not patrolled become buffer zones, thus weakening India's claim over them. There is a threat that China will gradually enter the region and eventually take over it. China's military is clever in taking advantage of this situation. China keeps a close watch on Indian Army movements by installing cameras on high peaks. Then the infiltration starts as soon as the opportunity arises. Voices of discontent against Yogi Adityanath in UP Ahead of the Lok Sabha elections in Uttar Pradesh, voices of dissatisfaction against Yogi Adityanath have started to rise. The B
Read more