Pakistani military refuses US call for war on Taliban



ISLAMABAD // Robert Gates, the US secretary of defence, arrived here yesterday on a mission to assuage the concerns of Pakistan's politically autonomous military, only to hear it say an unequivocal "no" to his urgings of concerted warfare against Taliban militants. Mr Gates spent his first day in the Pakistani capital meeting the hierarchy of the country's powerful armed forces, which retain a veto over foreign and defence policy, despite the presence of an elected government.

A Pentagon spokesman said the talks were aimed at restoring military-to-military contacts, cut off in 1989 after Pakistan's nuclear programme became weapons capable. "It is useful to open a dialogue, particularly with people with whom we have not had a dialogue," said Geoff Morrell, the Pentagon press secretary. Aware that public opinion in Pakistan is markedly suspicious, if not outright hostile, of the US, Mr Gates had attempted to break the ice with a "hearts and minds" article in The News, an outspoken English language daily newspaper.

"The tremendous sacrifice of so many Pakistani troops - 2,000 in the last three years - speaks of both their courage and their commitment to protect their fellow citizens," he wrote. "It also speaks to the magnitude of the security challenges this country faces, and the need for our two countries to muster the resolve to eliminate lawless regions and bring this conflict to an end." Pakistan's military operations in the region have thus far focused on Pakistani militants waging an insurgency and terrorist campaign against the state, and against their foreign al Qa'eda allies, notably Uzbeks and Chechens.

However, the Afghan Taliban based on Pakistani territory have distanced themselves from the Pakistani militant insurgents, and ordered its associated Pakistani commanders to uphold peace agreements signed earlier with the military. Pakistan is thus reluctant to confront the Afghan Taliban, which it sees as a strategic ally in Afghanistan - particularly in the event that the US moves ahead with plans to begin withdrawing forces in 2011.

Addressing that difference of interest, in remarks to reporters travelling with him from India, Mr Gates said: "What I hope to talk about with my interlocutors is this notion and the reality that you can't ignore one part of this cancer and pretend that it won't have some impact closer to home." However, his urgings for Pakistan to abandon its soft policy towards the Afghan Taliban failed to evince the desired response.

Gen Athar Abbas, spokesman for the Pakistani armed forces, challenged Mr Gates's argument that all Taliban factions were part of a singular cancer. "The answer can't be in black and white," he told reporters. Similarly, the reassertion by Mr Gates of a standing US demand for Pakistan to launch a military operation in the North Waziristan tribal agency, in co-ordination with Nato commanders on the other side of the border, was also stonewalled.

North Waziristan is the base of operations for the Haqqani Network, a faction of the Afghan Taliban that has proven an especially challenging foe for Nato. In an interview with Pakistan's Express TV, Mr Gates said that, while he was not going to discuss operations when asked about the US drone programme, "these unmanned aerial vehicles have been extremely useful to us, both in Iraq and in Afghanistan".

Mr Gates also said he was expanding the programme by buying more of the aircraft and that the United States was considering ways to share intelligence with the Pakistani military, including possibly giving it US-made drones for intelligence and reconnaissance purposes. US officials told the Associated Press that Mr Gates was referring to a proposed deal for 12 unarmed Shadow aircraft. Gen Abbas said the Pakistani military would launch no new offensives for the next six months to a year, to enable its forces to consolidate gains elsewhere in the tribal region.

"We are not in a position to get overstretched," he said. @Email:thussain@thenational.aem

UAE currency: the story behind the money in your pockets
What are the main cyber security threats?

Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.

if you go

The flights

Emirates offer flights to Buenos Aires from Dubai, via Rio De Janeiro from around Dh6,300. emirates.com

Seeing the games

Tangol sell experiences across South America and generally have good access to tickets for most of the big teams in Buenos Aires: Boca Juniors, River Plate, and Independiente. Prices from Dh550 and include pick up and drop off from your hotel in the city. tangol.com

 

Staying there

Tangol will pick up tourists from any hotel in Buenos Aires, but after the intensity of the game, the Faena makes for tranquil, upmarket accommodation. Doubles from Dh1,110. faena.com

 

UK's plans to cut net migration

Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.

Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.

But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.

Language requirements will be increased for all immigration routes to ensure a higher level of English.

Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.

The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.

THE BIO

Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

MISSION: IMPOSSIBLE – FINAL RECKONING

Director: Christopher McQuarrie

Starring: Tom Cruise, Hayley Atwell, Simon Pegg

Rating: 4/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.