Tuesday, May 24, 2011

"Higher than Mountain and Deeper than Ocean"

One of my friend cracked a joke saying that the people who live in Pakistan do one thing early in the morning...........WHAT??? NO the answer is they check whether they are really alive or they are in heaven.
Yesterday there was a Naval base attack in Pakistan many people and soldiers died in that attack.Pakistan is on a high alert now due to Abbottabad episode,the attack was on Mehran, a well-guarded military installation and it was by Taliban. So there is definetly fear for India and US as the nuclear plant of Pakistan is not safe from terrorist.

China is supporting Pakistan openly and is trying to corner India. Pakistan and china's friendship goes long back since 1963 when the late prime minister
Zulfiqar Ali Bhutto signed Pakistan-China border agreement on 02 March 1963.

China has said that Pakistan does not give birth to terrorism but it is a victim of terrorism so China will
take various measures to help salvage Pakistan from economic difficulties as the south Asian country was facing challenges from fighting terrorism and extremism.

One has to analyze that from one end China is entering or trying to enter into India from Arunachal pradesh and from the other side India and Pakistan are fighting on Kashmir issue so in this case China is using opportunity and is trying to help Pakistan so that it will be benefited from both the sides it can enter into India and will maintain good ties with a country like Pakistan.


During the 4 day visit to China by pakistan prime minister Yusuf gilani many agreement are signed some of which are banking, economic and technical cooperation and extension of gold and copper extraction from the Saindak mines.China also offered a 70 million RMB grant for flood reconstruction and a 100 million RMB soft term loan to Pakistan. Beijing has also decided to send officials of the procurement commission to place orders for Pakistani goods. A list of 286 items had already been handed over to China by the Export Promotion Bureau. Three agreements were also signed at a ceremony held at the Eastern Hall in presence of the two prime ministers.

Due to this agreement and business chinese corporates can now enter into Pakistan and can do their business this will create lot of opportunities in Pakistan for development and even job opportunities will be created.The main reason why there are lot of terrorist in Pakistan is because lacks of job opportunities.
Thus from one hand it is good but from the other eeeeeerrrrr the big devil's mind will create havock in the long run India should remain very alert and aggressive and should keeps on eying on the upcoming changes in the global economy.



Stevenson
Fundamental analyst (24/05/10)

DENIP Consultants Private Limited





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