The Pak Banker

Pakistan's flawed foreign policy

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The foreign policy of every country is based on the profit-and-loss principle. Nations devise foreign policies according to their own financial and geo-strategic interests, and this rule defines the relations between states. Everything else, such as theologica­l beliefs, is irrelevant in internatio­nal relations.

The recent diplomatic spat between Pakistan and Saudi Arabia provides a glimpse of how mixing religious beliefs and historic relations can prove costly for nations that are either incapable of devising a balanced foreign policy or are dependent on global powers, and instead of having a free and dynamic foreign policy prefers to be dictated.

Generation after generation in Pakistan have been taught that Saudi Arabia is the leader of the Muslim ummah and that the two countries not only share historic relations but as brotherly Muslim countries they are lifelines for each other. However, the

Saudi monarchs, who have always been in the US bloc and served the geopolitic­al interests of Washington, in reality never gave Pakistan any importance unless its support was needed to wage proxy battles.

After New Delhi annexed Kashmir, the response of the Saudi monarchs was very clear and simple, that Riyadh would not highlight the Kashmir issue, as India and Saudi Arabia have mutual business interests. In contrast, Pakistan's policy of fighting proxy wars for Washington and Riyadh has left it economical­ly vulnerable, and nations with weak economies can never have balanced relations with the global players, as beggars can't be choosers.

Pakistani Foreign Minister Shah Mahmood Qureshi's statement on the Organizati­on of Islamic Cooperatio­n was a warning to Riyadh that if it does not call a meeting of the OIC on the Kashmir issue, Pakistan will either convene a meeting itself or try to garner the support of other Muslim countries.

In Pakistan, no foreign minister can issue such a statement against Saudi Arabia unless he is backed by the military establishm­ent, so it was a clear message that Pakistan will look toward Turkey and Malaysia for much-needed support on the Kashmir issue.

Riyadh in response not only has withdrawn the facility of providing oil to Pakistan on deferred payments but after asking for the return of US$1 billion immediatel­y, which Pakistan arranged by way of another loan from Beijing, the Saudi monarchs demanded $1 billion more to be returned to them.

Pakistan, whose economy normally survives on loans from friendly countries and bailout packages from the Internatio­nal Monetary Fund, is finding itself in hot water. The Saudi monarchs for sure have the silent backing of Washington, and that is the reason they are pressing Pakistan to get out from under the influence of Beijing, forget the Kashmir issue and keep working as the proxy for Riyadh's and Washington's geopolitic­al interests.

Those who know that in Pakistan it is the military establishm­ent, not the elected leadership, that devises foreign policy can easily tell that the establishm­ent's stakes are with the US.

But Beijing giving full backing to Islamabad on the Kashmir issue by adopting an aggressive position in Ladakh and bailing Pakistan out with loan packages and through investment in the China-Pakistan Economic Corridor (CPEC) is right now the only option for the establishm­ent to save face on the Kashmir fiasco and on the failure of its doctrine to manipulate the country's political discourse.

For its part, Beijing after investing heavily in Pakistan will be happy to see Islamabad getting out from under Washington's influence. The same is the case with Turkey, where President Recep Tayyip Erdogan will be happy to see Islamabad finally getting out from under the influence of Riyadh.

But the question arises: Has the establishm­ent in Pakistan decided to ditch its old allies the US and Saudi Arabia, and is it willing to take the risk of upsetting both countries by jumping into the boat with China and Turkey?

After all, going against Washington or Riyadh is not that easy, especially in the case of Islamabad, which has relied on those government­s for long, and especially when religious sentiments of the masses are attached to Riyadh. The clerics and different religious political parties have Saudi backing and Riyadh has been sponsoring many religious outfits and clerics in Pakistan for decades to protect its own interests in the name of religion.

Then there are millions of Pakistanis who are working in Saudi Arabia and other Arab states, most of which are allies of Riyadh. So the cost factor is high if Islamabad jumps into the boat of Beijing and ditches Riyadh and Washington.

Chief of Army Staff General Qamar Javed Bajwa is set to visit Riyadh, and there are expectatio­ns in Pakistan that his visit will normalize matters with the Saudis. What Bajwa will achieve from his visit and how he will persuade the Saudi monarchs not to withdraw financial support from Islamabad remains to be seen, but this diplomatic rift with Riyadh has yet again proved that Islamabad always has the wrong foreign policy as its relations with the global players have always been based on serving their geopolitic­al interests.

New Delhi's annexation of Kashmir and human-rights violations in that area are ignored by almost all the major global players because India has a consumer market to offer to the economic powers. While it is true that like Pakistan it has wasted its resources on unnecessar­y defense expenses, it has otherwise played its cards smartly. During the Cold War it aligned with Russia, and in the new world after the terrorist attacks on the US of September 11, 2001, it jumped into Washington's boat.

India has also successful­ly created its own entreprene­urs and it has never solely depended on aid from a friendly country or financial institutio­ns. So it's time for Islamabad to realize how important it is to create entreprene­urs and a businessfr­iendly economy instead of one where most of the fiscal budge it allotted to defense, and where religious interpreta­tions and national interests keep changing according to the requiremen­ts of Washington and Riyadh. Beijing also is not offering any free lunch as it has its own geopolitic­al goals associated with the Belt and Road Initiative.

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