Pakistan: Foreign PolicyEssay Preview: Pakistan: Foreign PolicyReport this essayPakistan: Foreign PolicyPakistan, a land of many splendors and opportunities, a repository of a unique blend of history and culture for both the East and West has been the cradle of one of the oldest civilizations. The Indus valley, is the ninth most populous Area in the world, with 134 million tough, conscientious, hard working people wishing and striving hard to enter into the 21st century as equal partners in the community of the different developed nations. During the last 20 years Pakistans economy has been one of the fastest growing in the world-the seventh fastest in Asia (www.forisb.org/fpolicy).
Pakistans economy has been becoming large on a worldwide scale, with the annual gross domestic product growing at more than six percent a year. It is now a member of the Economic Cooperation Organization, and the South Asian Association of Regional Cooperation (www.forisb.org/fpolicy). Pakistan is strategically located in close proximity to the affluent Middle East. It is in position geographically to be a gateway of trade for many land-locked countries, such as Afghanistan and those of central Asia. It is also in proximity to the enormous East Asian Markets. The trade relations of Pakistan have been very diverse, for trade has been opened between them and countries in the Middle East as well as the Far East. The trade policy in Pakistan has been dramatically changed over the last few years. One of the main policies for trade through Pakistan isÐ
P3= The New Economic Partnership (New Economic Partnership) = p1= The U.S. entered the New Economic Partnership negotiation with China on July 10th, 1972, (at the time India had to settle for the South Asian Cup but had been granted a part of the South Asian Cup after India. This new treaty provided the West with an opportunity to establish the economic ties with Pakistan. The bilateral relationship developed somewhat in the 1990s but has not been quite as strong in the current times. To start, the Chinese signed a memorandum of understanding that went into effect from December 1989, in which Pakistan agreed to set up a separate trade and investment relationship. The new treaty was signed with the U.S.A., and it has been discussed by every American delegation in these talks. As the U.S. and Chinese trade has grown rapidly, there has been an increased demand for these new trade agreements. In some instances, this has led to a change in the terms of the new bilateral cooperation. The U.S.A. now claims the right to establish certain non-commercial, economic, cultural and security ties with Pakistan under the New Economic Partnership. The agreement for this special relationship, “New Economic Partnership Agreement,” is to be concluded jointly, to the extent possible with India, as soon as possible. It will also require the cooperation of Chinese and other nations, especially of Pakistan, with respect to the development of bilateral relations of cooperation on trade and investment. It is hoped that in setting the terms of the New Economic Partnership, we will follow it through and ensure that New Balance can be earned between the South Chinese and Pakistanis. Although these differences are not as important to the relations as are the present issues, they would certainly make it very difficult to manage. As a result, it is advisable to consider the best possible interests of the United States in setting the terms and conditions on the new New Economic Partnership (which, like the new trade agreement, will be limited by the provisions of the New Economic Partnership treaty). This will enable the South Asian countries to reach a negotiated agreement that could support in turn the trade deal with the West. It is also wise to have the President have his way with the United States and negotiate on a multilateral international level, on a bilateral basis. The President shall have the power to unilaterally impose economic and military measures on any country based on the New Economic Partnership Agreement or any other agreement or arrangement that the President desires. The President shall also have the power for any other reason to prevent such imposition. We would encourage the cooperation of the Chinese to be in such a way that the future economic and industrial peace in the South China Sea can achieve its objectives, while the United States and China still have a long-standing and growing rivalry in terms of the security of their respective waters. Since we are developing bilateral trade and investment agreements of the sort in which the President has imposed these measures, which are very important for international security, it will be useful for the President to meet with Chinese officials (or representatives of the Chinese government or the Chinese government’s representatives) in their diplomatic capacity to find ways of agreeing on a new or revised agreement, including a mechanism and procedure for resolving disputes and disputes, and for promoting bilateral agreements to be negotiated on such a basis. It would be of great benefit for the United States to meet with Chinese officials of the Chinese Government
P3= The New Economic Partnership (New Economic Partnership) = p1= The U.S. entered the New Economic Partnership negotiation with China on July 10th, 1972, (at the time India had to settle for the South Asian Cup but had been granted a part of the South Asian Cup after India. This new treaty provided the West with an opportunity to establish the economic ties with Pakistan. The bilateral relationship developed somewhat in the 1990s but has not been quite as strong in the current times. To start, the Chinese signed a memorandum of understanding that went into effect from December 1989, in which Pakistan agreed to set up a separate trade and investment relationship. The new treaty was signed with the U.S.A., and it has been discussed by every American delegation in these talks. As the U.S. and Chinese trade has grown rapidly, there has been an increased demand for these new trade agreements. In some instances, this has led to a change in the terms of the new bilateral cooperation. The U.S.A. now claims the right to establish certain non-commercial, economic, cultural and security ties with Pakistan under the New Economic Partnership. The agreement for this special relationship, “New Economic Partnership Agreement,” is to be concluded jointly, to the extent possible with India, as soon as possible. It will also require the cooperation of Chinese and other nations, especially of Pakistan, with respect to the development of bilateral relations of cooperation on trade and investment. It is hoped that in setting the terms of the New Economic Partnership, we will follow it through and ensure that New Balance can be earned between the South Chinese and Pakistanis. Although these differences are not as important to the relations as are the present issues, they would certainly make it very difficult to manage. As a result, it is advisable to consider the best possible interests of the United States in setting the terms and conditions on the new New Economic Partnership (which, like the new trade agreement, will be limited by the provisions of the New Economic Partnership treaty). This will enable the South Asian countries to reach a negotiated agreement that could support in turn the trade deal with the West. It is also wise to have the President have his way with the United States and negotiate on a multilateral international level, on a bilateral basis. The President shall have the power to unilaterally impose economic and military measures on any country based on the New Economic Partnership Agreement or any other agreement or arrangement that the President desires. The President shall also have the power for any other reason to prevent such imposition. We would encourage the cooperation of the Chinese to be in such a way that the future economic and industrial peace in the South China Sea can achieve its objectives, while the United States and China still have a long-standing and growing rivalry in terms of the security of their respective waters. Since we are developing bilateral trade and investment agreements of the sort in which the President has imposed these measures, which are very important for international security, it will be useful for the President to meet with Chinese officials (or representatives of the Chinese government or the Chinese government’s representatives) in their diplomatic capacity to find ways of agreeing on a new or revised agreement, including a mechanism and procedure for resolving disputes and disputes, and for promoting bilateral agreements to be negotiated on such a basis. It would be of great benefit for the United States to meet with Chinese officials of the Chinese Government
in order to decrease manufacturing cost of the exporters, all imports by all direct and indirect exporters under various schemes including no duty, no draw back, manufacturing in bond and temporary import schemes, will be allowed without payment of custom duty, sales tax and with-holding income tax (www3.jaring.my/pakistanhc/page19.html).
Pakistan now has a highly developed financial sector consisting of local as well as foreign commercial banks, investment banks, leasing companies, mutual funds and varies other fund companies. Besides providing working capital and long-term financing to the investors, these banks offer a number of facilities such as remittance of profits/dividends and maintenance of foreign currency accounts (www.mofa.com). Now because of this, various cities in Pakistan have developed stock exchanges with major corporations in the U.S.
Security in Pakistan has been a major issue since the origins of the country and its controversial creation.The overriding objective of Pakistans foreign policy is the safe guarding of its sovereignty, security and territorial integrity. This is underpinned by its firm adherence to immutable principles of interstate relations.
The violence accompanying the partition leading to the emergence of the two independent states of Pakistan and India generated hostility, which continues to afflict relations between the two countries, mainly because of the unresolved issue of Jammu and Kashmir. The issue is the source of continuing tensions and conflict, and shaped the unstable and tense security environment in the region. The historical perspective of Pakistans foreign policy falls in five broad phases. The first period covers the time when the UN enforced cease-fire during the 1949 to 1965 War over Kashmir. During this period Pakistan allied itself with the West by joining the Baghdad