Geo-economics has increasingly started playing a much bigger role than the traditional geo-politics in international arena. Even the World Powers have started giving more space to geo-economic interests in their foreign policies than anything else. Trade, investment and economy based knowledge are shaping national interests as well as global trends. Booming and ever-expanding
Geo-economics has increasingly started playing a much bigger role than the traditional geo-politics in international arena. Even the World Powers have started giving more space to geo-economic interests in their foreign policies than anything else. Trade, investment and economy based knowledge are shaping national interests as well as global trends. Booming and ever-expanding
The rejection of the decision by the federal cabinet to upscale trade with India a day after the Economic Coordination Committee had voted in its favour demonstrates the intersection of politics and other considerations in the country’s economic policymaking. It is not for the first time that the Imran Khan government has abruptly altered its view on important economic policy decision; it just brings out the entrenched confusion in the economic policymaking process of the present government more prominently. The indecisiveness within the ranks of the government over which economic route it wants to take also shows up in the frequent changes in the political and bureaucratic leadership of its finance team.
5th Virtual Meeting on Economic Diplomacy held focusing on Europe
March 3, 2021
ISLAMABAD, Pakistan: As part of the government’s economic outreach initiative, the fifth Virtual Meeting on Economic Diplomacy was held on Wednesday focusing on Europe under the chairmanship of the Foreign Minister Shah Mahmood Qureshi.
Pakistan’s Envoys to France, Italy, Norway, Poland, Romania, and Russia participated in the meeting.
Highlighting the growing importance of geo-economics in international politics, the Foreign Minister Shah Mahmood Qureshi underscored the Economic Diplomacy as an essential part of modern diplomatic practice.
Qureshi said that in line with Prime Minister Imran Khan’s vision, the Ministry of Foreign Affairs and the Missions abroad were at the forefront of safeguarding and advancing Pakistan’s economic interests. They played an important role in successful implementation of a range of measures including the prime minister’s ‘Global Initiative on Debt Relief