Trump Announces Major Pakistan Trade Deal, Vows Joint Oil Development/Exploration

[Fatman17]

 

[Waz]

We have always liked Pakistan, but if your words represent all of Pakistan, you better pray that the next India-Pakistan conflict will not lead the U.S. to abandon Pakistan. I am even more skeptical that without the China-Pakistan relationship, the U.S. would instigate an India-Pakistan conflict. Think about how the U.S. supported India during the recent India-Pakistan conflict.

He represents himself, and not the views of 260 million Pakistanis and the 10 million expats/multiple generation Pakistanis, the military, the civilian parties and so on.
China is and will always been Pakistan's greatest ally full stop. Never has that been compromised and never will it be.
The US has hurt Pakistan multiple times in the past, especially under democratic governments.

 

[Rationale]

The original poster was making it sound like some Indian electronic products being exported.

As for Trump, Its more about bringing jobs back to America,

Well, he is technically correct, smartphones are electronics products, but India is obviously not manufacturing the brains inside them yet. There is no indigenous chip manufacturing on a commercial scale yet despite the government's efforts, but over the last decade , as a result of government incentives and subsidies a lot of other components for electronics products are now produced locally.

A lot of semiconductor design work is now done in India, and Micron, PSMC , Foxconn and others are in the process of setting up facilities to produce chips, though none are commercially operational yet, AFAIK.

 

[Meengla]

And yet, despite all that, 250 million people, "better" English, Western connections, "strategic" location, and a "powerful" military, you still couldn't dodge the IMF… not once, not twice, but on a subscription model.

Can't dispute the IMF part. Most Pakistanis here know that and publicly admit Pakistan's economic failures.
But I still don't see why past failures are the benchmarks for future performance? Pakistan was ahead of India for most of their mutual history after 1947 until the virus of 'democracy' came to Pakistan after 1988. And even now, most Western tourists find Pakistan cleaner, more enjoyable experience than India. That should count for something.

 

[hydrabadi_arab]

India is yet to make a deal. The 25% on India is without any trade deal. They are currently working on one. Which may end up with India only paying 20% or even less that too when it's major exports like mobile phones, laptops, electric appliances, and IT services are tariff free.

Now tell me who won ? We Pakistanis or India ?

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Pakistan won if USA invests in minerals and oil reserves. Otherwise this is normal deal. But some discount on textiles exports vs India and Bangladesh will make difference.

 

[Rationale]

It's ok, if the following doesn't help, I can only suggest to re-take that American English course, advance level this time?

I've noticed. You guys have two main issues if you have to agree or say something contrary to RAW's worksheet given:

1: Amnesia: They'll say: What did you mean, when? It never happened. I don't understand. One would feel that the brain waves are being jammed like Rafale's sensors did.

2: English: All of a sudden, the English will start to fail.v

I understand what the words mean, but not the mesage they were meant to convey. If I were impolite, I would have described them as word salad. How exactly was your post relevant to my post about how India's antagonism towards China is fundamentally different than that towards Pakistan ? Perhaps I was mistaken to expect it to be and you are just habituated to typing word salad.

 

[vasanthm]

Can't dispute the IMF part. Most Pakistanis here know that and publicly admit Pakistan's economic failures.
But I still don't see why past failures are the benchmarks for future performance? Pakistan was ahead of India for most of their mutual history after 1947 until the virus of 'democracy' came to Pakistan after 1988. And even now, most Western tourists find Pakistan cleaner, more enjoyable experience than India. That should count for something.

Agreed. In my view, Kashmir became such an all consuming obsession in Pakistan that it ended up hijacking national discourse. It empowered the wrong sections of the state, especially the military intelligence parts and sidelined development, economy, and governance.

 

[Rationale]

Trump's remark about Indian "dead economy" is very interesting, it needs some proper analysis.

Do you properly analyse everything he says ? How about his remark about Pakistan giving the US nothing but lies and deceit and giving a safe haven to terrorists the US was hunting in Afghanistan ?

 

[samejjangir]

Who cares?. If they bring FDI and develop the oil reserves we are set economically. Pakistani will get jobs, opportunities and better living standards.

We are in the IMF mess because of our own destructive policies not because of the US. IMF is just a lender.

USA will not be investing in Pakistani economy. It will simply take the rights of certain areas in Pakistani offshore EEZ and do exploration. If oil is found, USA gets the right to extract it and also take a big cut of profits. If oil is not found, then it is loss to USA.

 

[Meengla]

Agreed. In my view, Kashmir became such an all consuming obsession in Pakistan that it ended up hijacking national discourse. It empowered the wrong sections of the state, especially the military intelligence parts and sidelined development, economy, and governance.

And there are reasons for the 'obsessions'. The Indus Water Treaty was signed in 1960 after a decade of negotiations and those negotiations were necessary because as early as late 40s, India had already threatened Pakistan's water rights. And now it is out in the open that India used an act of terrorism by a few people to try to grab the water from 250 million people.
This forum maybe anti-military and that's because of a certain political bias, especially by the expat Pakistanis but more objective Pakistanis know what's at stake.

 

[mythbuster]

Pakistan won if USA invests in minerals and oil reserves. Otherwise this is normal deal. But some discount on textiles exports vs India and Bangladesh will make difference.

Won't make any meaningful difference in our textile exports ...our major competitors are Bangladesh and Vietnam and the terrif difference is not enough.... American exports to Pakistan are negligible and won't see much improvement either........this whole gambit has geostrategic connotations and investments in minerals and energy.

 

[Yasser76]

USA will not be investing in Pakistani economy. It will simply take the rights of certain areas in Pakistani offshore EEZ and do exploration. If oil is found, USA gets the right to extract it and also take a big cut of profits. If oil is not found, then it is loss to USA.

US already invests in Pakistan and it';s energy sector. You post is bizarre.

 

[mythbuster]

He represents himself, and not the views of 260 million Pakistanis and the 10 million expats/multiple generation Pakistanis, the military, the civilian parties and so on.
China is and will always been Pakistan's greatest ally full stop. Never has that been compromised and never will it be.
The US has hurt Pakistan multiple times in the past, especially under democratic governments.

There was a time when America was our mai baap and now you want china to be our mai baap?...... We want to be friends with both, china and America.....we will keep our strategic independence. That's the official policy of the state of the state of Pakistan...... your full stops are neither here or there.

 

[Yasser76]

A tale of two stock markets. The markets never lie....

PSX hits all-time high after US eases Pakistan tariffs

United States has brought down tariff to 19%.PSX climbed to intrady high of 141,034.98 points.Brokerage says deal will be neutral to Pakistan.The Pakistan Stock Exchange soared to an all-time high on Friday after the United...

www.geo.tv

Stock market today: Nifty50 ends below 24,600; BSE Sensex down over 580 points as Donald Trump's 25% tariff on India weighs on sentiment - Times of India

India Business News: Stock market today: The NSE Nifty dropped 203 points or 0.82 per cent to finish at 24,565.35. The BSE Sensex experienced volatility, falling 585.67 po

timesofindia.indiatimes.com

 

[SoulSpokesman]

@mythbuster

I am sure you will agree that some of Pakistan's most ardent Sinophiles are based out of the West and will not move to PRC (not that PRC will allow them in in the first place)

Regards