And besides Hamas and Hezbollah, which Arab countries are actually fighting Israel?
No question there; the Arab governments are two-faced liars. They don't give a damn about the Palestinians, even though popular Arab public opinion is sympathetic to their cause. That's why half of Ahmedinijad's bluster is aimed at the Arab streets. He is arguably more popular there than their local despot.
No Arab country is going to war with Israel. It would mean heavy military losses, economic sanctions imposed by USA, a possible overthrow of the government by Islamic Radicals.
Possibly, and it may pave the way for actual democracy down the line, which would be anathema for Israel and the US. Even now the US pays $2 billion/year to their thug Hosni Mubarak to quash democracy and keep Egypt in check.
The only country that loses not establishing relations with Israel is Pakistan. As Israel continues to send more sophisticated weaponry to the Indians which impedes our defenses.
First of all, our decision should be based on moral principles, not material gain.
But, in any case, aside from the fact that a Pakistani government recognition of Israel would be meaningless, given the overwhelming contempt for Israel in the public at large, there is absolutely nothing to be gained by such an act. What exactly have the other Muslim countries gained by recognizing Israel?
It will have zero impact on the Indian-Israeli military cooperation; neither will it dampen the anti-Pakistan machinations of the pro-Israeli lobbies worldwide (not least as a favor to their ally India); and it will not win us any friends in the Muslim world.
There are, on the other hand, significant downsides. Besides feeling dirty for selling our soul for profit, we will alienate many ordinary Muslims around the world. Even Turkey is pulling back from its cozy relationship with Israel and asserting a principled stance on Israel abuses.
Pakistan needs to think about its own well being instead of thinking that by having a nuclear weapon it somehow became the leader of the Islamic World.
Not a single Muslim country thinks of Pakistan as being a leader of the Islamic World. That has been either Egypt, Saudi Arabia, Turkey or even Iran.
Pakistan is relegated to the 2nd tier of Muslim power along with Malaysia, Indonesia, Algeria, etc.
Too bad Pakistanis don't realize this.
Agree with this part. We should focus on our own well being and enhancing our strengths instead of being the Islamic policeman around the world. This doesn't mean abandoning the Palestinian cause -- we will never do that -- but it does mean we need to understand that we can help Palestinians (and Muslims in general) better if we are an economically, technologically and militarily strong country. We need to build this economic/technological strength even to enhance our bargaining position in the Kashmir struggle against India.