23 July, 2014 / Ramazan 24, 1435

Changing global dynamics and Pakistan

Published Dec 08, 2012 03:01am

MR Sakib Sherani’s article ‘Crude dynamics’ (Nov 30) is an eye-opener. In a decade or so and certainly not more than three decades, America’s dependence on imported oil will end.

The US will no longer need Gulf states oil. American technology of oil extraction has endured this. Also, the need to divert bio-fuels for production of oil will disappear.

This will be good news for food prices, and the ordinary people everywhere will be able to afford cheaper foodstuff.

A sea change is taking place. Those who had written off the US will learn that it is indeed a blessed country.

This prosperity will enable the US to repay national debt and the dollar will receive great strength.

The implications for the Gulf states are ominous. Their prosperity will be endangered. The immigrant population that, by its sweat and labour, provides the resources for the Middle Eastern growth will have to return home, their services will no longer be affordable.

What this means for Pakistan is something the policymakers have to think long and hard about.

No longer will it be possible to cover deficits through remittances. Of even greater concern will be the policies needed to absorb this labour force and to heal the wounds of the endangered families.

There is a ray of hope. India can cope with this disaster much better and Pakistan can benefit a great deal from Indian trade.

We should bury the hatchet, embrace the Indian miracle and accept India as the senior partner.

It will not be on equal terms. The US will dictate an Indian superiority and we will have to accept it. This applies even to Kashmir and Afghanistan.

India will lead, and we will have to tag along. But it is not a bad deal if only we can be realistic.

IQBAL ISMAIL Karachi

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Comments (5) (Closed)


deo
Dec 08, 2012 07:49pm
Long time ago I was a citizen of india. I still find it difficult to accept the point of view expressed in this article. I definitly agree that Pakistan should trade more with India. Also, Pakistan can do a lot more to improve its relationships with India.Finally, because of its anti-Indian policies,Pakistan have failed to benefit from cooperating with India. However, if India and Pakistan are going to live in piece the partnership should between equals. There is no reaosn why India should be the senior partner. The relationship should benefit both the countries. But, like any and every cooperation, not all parties involved a cooperation benefit equally at all times.
Ajaya K Dutt
Dec 09, 2012 12:59am
As long as India is "Hindu"; it is far fetched dream.
vvd
Dec 08, 2012 01:49pm
Very sensible views.Could profit in the long term.
Truly
Dec 08, 2012 08:43am
Quite right. But the US would never take clear sides. America has a mysterious foreign policy which is aimed at ensuring no nation challenges its might, & it achieves this by taking advantage of regional insecurities.
Ali Kh
Dec 08, 2012 08:14am
We will find some alternative. We do not have to accept Indian Superiority in the region for our wellness! We will be lost in unknown world if ever we accepted Indian superiority. We will prosper on our own!