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Showing posts from January, 2022

Pakistan's farce of peace

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Pakistan announced its national security policy last week. The policy calls for 100 years of peace with neighbouring countries. It wants peace with India and resumes trade between the two countries. Pakistan's economy is on the brink of bankruptcy, with a heavy debt burden on it and heavy international pressure has been mounted on Pakistan. The dual role of Pakistan is not new, as it continues to feed the terrorists on the one hand and to paint a picture of ongoing peace efforts on the other. The nexus of Pakistan and China poses a threat to India's national security on both sides of the border, and unless Pakistan abandons its policy on the issue of terrorism, there is no reason for India to look into such a farce of peace.   Pakistan's Prime Minister Imran Khan announced the national security policy a few days ago. This policy has a total of 100 pages. Of these, 50 pages have been declared and 50 pages have been kept confidential. Pakistan has said that economic ties ...

Is India Losing Sri Lanka?

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The Sri Lankan government recently announced its decision to close diplomatic missions in the three countries in a bid to cut spending on overseas operations. The decision highlights Sri Lanka's deteriorating economic situation and the plight of foreign currency reserves. The outbreak of the corona, the decline in the influx of foreign tourists and the funding from foreign nationals are said to be the reasons behind this situation. Apart from these factors, the mountain of debt on the Sri Lankan economy and the exorbitant interest rates of Chinese banks also poses a major challenge to Sri Lanka's debt repayment. This is the root cause of the current situation. At the very last moment, China has joined hands with the Sri Lankan government for currency exchange, and China's efforts to strengthen its grip on the country in the name of keeping the economy afloat are evident.   Many countries are watching the developments in Sri Lanka, which is strategically important in t...