Chinese economic cooperation with Pakistan should be properly highlighted: Zaki
US suppressed gold prices for long, dollar hike in Pak temporary: Dr. Mughal
Islamabad: [Sept 18]
Senator Akram Zaki has on Sunday said Chinese cooperation with Pakistan has reached economic high points but people are not aware of it to the full.
He said that Beijing's assistance in the time of disasters has won hearts and minds of Pakistanis who consider Chinese their brethren.
China, a counterweight to Indian influence, is the most trusted ally that is eagerly trying to make our country self-reliant, he said.
Speaking at a seminar organised by Bedari-e-Fikr Forum, the former Secretary General Foreign Affairs said that Pakistan has served as China's main bridge between Muslim countries and bridged the communication gap between China and the west.
Since 1962, China has been a steady source of military equipment to our Armed Forces while presently they are working on 120 projects across country to make Pakistan economically viable, said Akram Zaki.
However, he said, most of the Chinese cooperation go unnoticed as it is not properly highlighted in the national media.
On the other hand, American economic cooperation, which has seldom served the purpose, is always played up which is contrary to the national interests.
"America has a single point agenda to destabilise Pakistan therefore she doesn't deserve such support," said veteran politician Akram Zaki.
He lauded the Chinese decision to allocate huge tract to Pakistani investors in Kashgar Economic Zone, one of the world's biggest.
At the occasion, Dr. Murtaza Mughal, President of the Pakistan Economy Watch said that our economic relationship is composed of Chinese investment in Pakistani interests.
Chinese economic supremacy and its credit is helping Pakistani economy is a great way, he observed.
Dr. Murtaza Mughal said that US policy to suppress gold prices to boost its currency which is not working now.
US will continue to print and spend paper money than it could cover by gold to finance her wars for profit but it would eventually result in bankruptcy.
Saddam Hussain had started selling oil for euro but it was reverted as soon as Iraq was captured. Hugo Chavez of Venezuela and Iran's Ahmedinejad has followed the suit which has made them evil in the eyes of US, said Dr. Murtaza Mughal.
He said that US will not be able force whole world to buy oil against its paper for long.
Hike in the value of US dollar in the Pakistani market is a temporary development which will be reversed soon, he informed.
Others who spoke on the occasion included Defence Analyst Wajiha Kiran But, Political Analyst Mukhtar Ahmed Tabassum, Zafar Alam, Dr. Sajid Khakwani and Imran Amin Jamali.
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Dr. Murtaza Mughal
Cell: 0321-5157671
President Pakistan Economy Watch
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