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US show muscle in India-Pakistan-Iran pipeline accord
By: Siddharth Srivastava on: 15.06.2005 [13:00 ] (4412 reads)
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US has warned Pakistan of sanctions if it goes ahead with the proposed $4 billion, 2,600-kilometer Iran-Pakistan-India gas pipeline.
The latest US threat comes in the wake of a marathon nine-hour meeting between Indian and Iranian officials in Tehran that reiterated both countries' firm commitment toward building the pipeline. Apart from the pipeline issue, India signed a US$22-billion deal to buy liquefied natural gas (LNG) from Iran over 25 years starting 2009.
There is a lot at stake for Iran, Pakistan and India in this pipeline. Negotiations on the mega pipeline began in 1994, but no headway has been made until last year because of tensions between Pakistan and India, and the project's massive cost.
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by Econ on 15.06.2005 [16:06 ]
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"... but no headway has been made until last year because of tensions between Pakistan and India, and the project's massive cost.. "
Iran can now afford the entire cost of the project with the rise in oil prices to $60 a barrel.
Iran has emerged one of the biggest winners in the neocon-Jews and their ill-fated Iraq war.
With oil prices skyrocketing, Iran can use all the profit windfall to build the pipeline to Pakistan and doesn't need foreign capital at this point in the form of IMF/World Bank loans.
This is how the US always shoots itself in the foot with its jew-influenced foreign policy that makes no economic sense. Yet another reason why the Iraq war has been economically self-defeating for the US.
What Pakistan should realize is the US MUST borrow the $1 billion a year that it provides in aid and with the US running enormous deficits and the debt load piling up, the US will no longer be able to provide much aid soon.
The US economy is not returning to a surplus anything soon without a long depression to get rid of all the excessive debt from Greenscam's liquidity.
What will Pakistan do when US aids runs out and they don't have an energy deal with Iran and India?
The entire world now realizes that the US no longer has any economic clout given the way it economy has been deindustrialized and replaced with a Ponzi money scheme of printing worthless dollars to prop up a failing economy.
If Pakistan doesn't buy gas from Iran, China will and there is nothing the US can do.
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by observing on 15.06.2005 [17:43 ]
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here you have it. the real reason for a war on iran. the iranians make sure that all the massive wealth of their natural resources get exploited only by iranian companies. if, on rare occasions, a foreign company is allowed to run a project they are required to hire iranians. thus the iranian people stay in control of their own destiny and don't end up like so many people in third world nations who work as shoe cleaners for foreign businessmen who steal their resources right under the populations nose. bush and his mobsters would love to change that and sell everything off to haliburton and bechtel.
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by Iranian-Shi'ite on 15.06.2005 [17:55 ]
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by Iranian-Shi'ite on 15.06.2005 [17:57 ]
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by Iranian-Shi'ite on 15.06.2005 [17:59 ]
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Iran has agreed to explore possibilities of extending the 2600-km Iran-Pakistan-India pipeline to China, Petroleum Minister Mani Shankar Aiyar, who headed the Indian delegation at the ministerial level talks with Iran on natural gas imports, said.
from Tehran Times archives June 13, 2005
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by FromPortugal on 15.06.2005 [18:36 ]
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Extend the pipeline to China through India? that is very interesting
Amazing, Pakistan, India and China are trying to resolve their problems, easing the tensions between them.
Very good sign. and very bad news for US.
US will try to make trouble between them.
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by cecsj on 15.06.2005 [19:10 ]
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Pakistan: a track record of slave of Jews and America. Fought war for these two terrorist countries in Afghanistan against Russia. War finished, Pakistan left alone.
War against Islam: Again Pakiland government jumped in to help their masters (Jews and USA) to crush Mujahideens of Afghanistan and Waziristan — tough they failed leaving over 2000 military dead and losing several aircrafts, helicopters, tanks etc. But master is master. War agianst Allah will give its result of total destruction of Pakiland in the hand of masters, and it will happen soon.
You pakis go and help terrorists, you will get what you deserved.
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by cosmo on 15.06.2005 [19:42 ]
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The US has none! Fact, its a bankrupt house of CARDS.!!
Hell with Dubya and all his Zionazi pack.!!!
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by Iranian-Shi'ite on 16.06.2005 [03:42 ]
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