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There is no such bloc.
D-8 was not a bloc. It was the vision of common development and dialogue put forward by the late Erbakan for leading Islamic economies. And the organization, just like its idea-father, died many years before reaching this function. I have in-depth knowledge of D-8, what I know is not only limited to internet documents.D-8, also known as Developing-8, is an organization for development cooperation among the following countries: Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
Pakistani labour contributes valuable remittance that helps stabilize Pakistan’s trade deficit. If Pakistan chooses to voluntarily reduce its labour, then it can be easily replaced by labour from other poor and over populated countries in South Asia. In fact, Pakistani labour in gulf is used by the Arabs as a leverage against Pakistan to manipulate Pakistan’s foreign policy. A recent evidence to this was the allegation from Turkish President who said Pakistan did not stand with the new Islamic alliance because of Saudi threat to Pakistani labour in gulf.We need to minimize our workforce in the gulf countries. Our authorities or establishment should discourage people from settling in Gulf states through heavy taxes and encourage working in other more neutral countries.
Another way would be for the government to gradually reduce using the money it gets from Gulf states. We must remember that indigenous investment must also be made in Pakistan which would provide the wellfare of the people.
Ultimately, we have the resources to stand up on our own. However corruption , Lack of investment and order is holding us back. The first step to a positive future starts with the correction of our educational institutions though. The build up of our character and professionalism is very important. Then we can invest in fields that require such professionalism which would ultimately generate income.
Someone needs to take the initiative. That's it.
Pakistan is the founder of OIC. And now these pathetic members ...Best time for Pakistan to leave this useless organisation now
There is no point in it such organisation at all
Would it not be wiser to simply moderate your expectations from them? SA labor opportunity is a golden goose for South Asian economies. Pakistan's diplomacy and foreign policy should look for ways to exploit this opportunity and out compete other South Asian countries. A developing country with a population of 200 million should not look at this gift horse in its mouth and expect every foreign policy decision of the much superior economy to go its way.@Wood
I didn't suggest my opinion to "hurt" Saudia nor to "Take revenge" against Saudia either. If we lessen our dependency on them, the more we'll learn to stand up on our own. If there are consequences because of the withdrawal i suggested, then government or people will search for better alternatives i.e focusing on self-development and reduction of corruption to make ends meet.
This, now is another opportunity to veer Pakistan away from buying crude in currency Pakistan doesn't have... come to think of it Pakistan and countries in similar situation have squandered their wealth away buying oil in reserve currencies... as the ones selling there ware have no obligation to either reinvest or do mutual trade with buyers of crude. Pakistan instead should do barter with states willing to meet their needs from what Pakistan can supply them in return. Countries like Nigeria or Azerbaijan can be the alternative among many other potential sources.Pakistani labour contributes valuable remittance that helps stabilize Pakistan’s trade deficit. If Pakistan chooses to voluntarily reduce its labour, then it can be easily replaced by labour from other poor and over populated countries in South Asia. In fact, Pakistani labour in gulf is used by the Arabs as a leverage against Pakistan to manipulate Pakistan’s foreign policy. A recent evidence to this was the allegation from Turkish President who said Pakistan did not stand with the new Islamic alliance because of Saudi threat to Pakistani labour in gulf.
This is not for Pakistan to choose. If given a choice, all countries would like to barter for their oil imports rather than pay in dollars. But that is not what the sellers prefer. Only sanctioned countries that are restricted from accessing the international banking system have to resort to barter trade. I believe that India had to pay Iran this way in the past before Obama relaxed sanctions against Iran. Iran was not happy with it, but they did not have a choice either.This, now is another opportunity to veer Pakistan away from buying crude in currency Pakistan doesn't have... come to think of it Pakistan and countries in similar situation have squandered their wealth away buying oil in reserve currencies... as the ones selling there ware have no obligation to either reinvest or do mutual trade with buyers of crude. Pakistan instead should do barter with states willing to meet their needs from what Pakistan can supply them in return. Countries like Nigeria or Azerbaijan can be the alternative among many other potential sources.
Would it not be wiser to simply moderate your expectations from them? SA labor opportunity is a golden goose for South Asian economies. Pakistan's diplomacy and foreign policy should look for ways to exploit this opportunity and out compete other South Asian countries. A developing country with a population of 200 million should not look at this gift horse in its mouth and expect every foreign policy decision of the much superior economy to go its way.
This is just my 2 cents on what is in the interest of Pakistan. Not a vain attempt to pick an argument with you.
Saudis are signatories to 1974 accord... mandating them to sell crude for dollars and buy U.S. treasuries in return. The two countries I mentioned do not share same obligations. Nigerians and Azeris both are interested in Pakistani military ware but short on cash... and Pakistan is unable to sell in or offer credit... this is the time when alternatives are sought... India has its own obligations for favors and commitments only it is liable or accountable to...This is not for Pakistan to choose. If given a choice, all countries would like to barter for their oil imports rather than pay in dollars. But that is not what the sellers prefer. Only sanctioned countries that are restricted from accessing the international banking system have to resort to barter trade. I believe that India had to pay Iran this way in the past before Obama relaxed sanctions against Iran. Iran was not happy with it, but they did not have a choice either.
Just 1 Option. Get it by ForceSaudi Arabia turns down Pakistan demand for urgent OIC Foreign Minister's meet on Kashmir
As the Senior Officials Meeting of the Organisation of Islamic Cooperation starts in Jeddah onFebruary 9 to make preparations for the OIC’s Council of Foreign Ministers, Saudi Arabia has shown reluctance to accept Pakistan’s request for an immedia...
By Dipanjan Roy Chaudhury, ET Bureau | Feb 06, 2020, 09.50 PM IST
Agencies
While Saudi Foreign Minister Faisal bin Farhan visited Islamabad after Khan skipped Kuala Lumpur summit at the behest of Riyadh, Pakistan failed to garner support for standalone meeting on Kashmir of OIC.
New Delhi: In yet another setback for PM Imran Khan Saudi Arabia has refused to accept Pakistan's demand for stand alone OIC Foreign Minister meeting on Kashmir in near future.
As the Senior Officials Meeting of the Organisation of Islamic Cooperation starts in Jeddah onFebruary 9 to make preparations for the OIC’s Council of Foreign Ministers, Saudi Arabia has shown reluctance to accept Pakistan’s request for an immediate meeting on Kashmir, ET has learnt.
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Khan voiced frustration over the OIC’s silence on Kashmir while speaking at a think-tank during his visit to Malaysia and in fact chided Saudi Arabia indirectly for it He said on Tuesday in Kuala Lumpur: “The reason is that we have no voice and there is a total division amongst [us]. We can’t even come together as a whole on the OIC meeting on Kashmir.”
Pakistan has been pushing for the foreign ministers’ meeting of the 57-member bloc of Muslim countries, which is the second largest intergovernmental body after the UN.
Pakistan should change its foreign policy to middle east
Join malaysia turkey iran qatar block soon other will follow saudia has no vision but to serve eternal masters israel
Stop giving special place to saudia except makah and madina and work for free makad madina from this devil as turkey too said
Iran has lot of money but sanctioned they will help u
What will saud do they will send pak labours back this is what they are doing early stop behaving like second class country we have nukes and can use them who ever threaten our or islamic agenda
Saudia has ruined islamic system thats why israel opened its wings today openly killing muslims
Other way if u keep defying ALLAH look what hapoebed to kaboos of oman he shaked his hand with israel he died better take a snake from head