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The Essence of NSG Elitism

01:48 PM | 8 Oct, 2016
The Essence of NSG Elitism
Generally speaking, the functional utility, efficacy and relevance of Nuclear Supplier Group with today’s time and needs and its efforts towards nuclear non-proliferation, make it imperative for states to actively pursue its membership.

First and foremost it is believed to provide the member states with a receipt for the peaceful use of nuclear energy. This also allows them to legally carry out nuclear related trade and commerce, since in doing so the NSG members are obligated to abide by the guidelines that have been suggested by the IAEA. This particular aspect enhances the appeal of this elite group as once member is granted, not only these provisions can be exercised but it directly adds to the general profile of the state making it come across as a more responsible, capable, trustworthy, and dependable when it comes to the peaceful use and transfer of nuclear technology.

One of the prerequisites for inclusion in this cartel is to be the member of the NPT. This further means that the member states voluntarily forego their right to develop, and agree to dismantle their already existing nuclear weapons, especially because the NSG itself commits to providing for ones’ such requirements. Hence this nuclear cartel of 48 states enjoys a unique privilege where the nuclear trade is freely being done among the members but at the same time the proliferation of nuclear weapons is curbed and remained under strict control and check.

No wonder the states take it as a privilege to be part of the NSG. The leverage to augment the nuclear capability and competence that one could incur through this cartel is in itself tempting enough for the states. The freedom and ease of nuclear trade and exchange of technology openly sanctions ones status as a legal entity to be receiving and sharing nuclear merchandise. Hence it opens great commercial and economic avenues for the nuclear weapon states and also satisfactorily addresses the basic concern of non nuclear weapon states to actively indulge in peaceful usage of nuclear energy. However there is a procedure involved which stipulates that only a consensual voting by all the member states would make it possible for a new state to acquire membership.

Such a mechanism while on one hand promotes the coequal status of the members, it also endorses that the reservations of any kind by even a single state will not be brushed under carpet or superseded whether it is a nuclear weapon states or not, thus adding to the credibility and transparency in the functioning of this group. By principle, no country can be accommodated under the ploy of favoritism nor any preferential treatment can be extended to anyone. This very characteristic if maintained, will augment and keep the NSG’s reliability and integrity intact among the states.

However this doesn’t seem to be the case in real especially if one closely scrutinizes the US-India equation and the efforts by the US to include India into the group. While on papers and in documents the guidelines of NSG validates it credibility but the biased and totally prejudiced dealing in India’s case by the US, largely undermines the very essence of its main principles. Nonetheless this appears to hardly be the US concern that is not leaving any stone unturned in its effort to make India part of this cartel.

The underlying objective and motives are obviously not hidden, where in lieu of its own aspiration in Asia pacific; the US is eyeing India as the pivot to its policies in the region. This is the reason why rules have been tempered; concessions and exemptions have continuously been made in India’s case, whether it was the 2001 NSG waiver or the recent efforts for its inclusion. Despite the fact that the group itself was created in response to India’s testing of weapons in 1970s, the very “proliferator” back then is now being considered the most “eligible” candidate is just too ironic. Not just that, but India still doesn’t fulfill the criteria to be taken on-board. The NPT still remains unsigned; the NSG waiver that was given back in 2001 was exploited to the maximum by massive uranium acquisition with 13 different states, and by also signing of a reactor contract.

Since there is no efficient mechanism to keep a check whether the uranium would strictly be used for peaceful purposes, India’s vigorous acquisition of uranium raises legitimate apprehensions about its motives. India’s aspirations clearly go beyond the peaceful use of nuclear energy and are more strategic in nature. While enhancing its own regional and global standing on one hand, the NSG membership if given to India will allow it to veto Pakistan’s inclusion in the group. Hence the argument that both Pakistan and India should be given simultaneous membership holds a lot of ground. Or on the other hand a uniform, merit based criteria instead of a country specific one should be followed not just to appease the apprehensions of Pakistan but in order to avoid damaging the credibility and trust in the NSG. Even though not a binding on the states but the elitism of NSG will not be bothersome if an unbiased, impartial and neutral approach is adopted by the member countries, otherwise it will lose its very purpose of existence, specifically in case of South Asian region where the chances of arms race and proliferation would increase manifold if the country specific criteria is implemented.

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Pakistani rupee recovers against US dollar, Euro, Pound, Dirham and Riyal; check forex rates

Pakistani rupee continues recovering losses against US dollar and other currencies amid positive economic cues.

Dollar Rate in Pakistan Today

On Tuesday, the US dollar moved down and was being quoted at 283.6 for buying and 286.65 for selling.

Euro slides down to 309 for buying and 312 for selling. British Pound rate inches up to 360 for buying, and 363.5 for selling.

UAE Dirham AED dropped to 77.50 whereas the Saudi Riyal rate stands at 75.90.

Today's currency exchange rates in Pakistan - 5 December 2023

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar USD 283.6 286.65
Euro EUR 309 312
UK Pound Sterling GBP 360 363.5
U.A.E Dirham AED 77.5 78.2
Saudi Riyal SAR 75.9 76.7
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 757.72 765.72
Canadian Dollar CAD 209 211
China Yuan CNY 39.93 40.33
Danish Krone DKK 41.59 41.99
Hong Kong Dollar HKD 36.46 36.81
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 922.11 931.11
Malaysian Ringgit MYR 60.97 61.57
New Zealand Dollar NZD 175.89 177.89
Norwegians Krone NOK 26.68 26.98
Omani Riyal OMR 740.01 748.01
Qatari Riyal QAR 78.27 78.97
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.45 27.75
Swiss Franc CHF 327.65 330.15
Thai Bhat THB 8.16 8.31

Gold Rates in Pakistan - Check today gold price - 5 December 2023

The gold remained under pressure in Pakistan amid a huge drop in price of the precious metal despite in the international market.

Gold Rates in Pakistan Today - 5 December 2023

On Tuesday, the price of a single tola of 24-karat gold stands at Rs218,500 and 10 grams of 24k gold costs Rs187,330. 

Single tola of 24 karat is Rs218,500, 22 Karat Gold costs Rs200,290, rate of 21 karat gold stands at Rs191,190 whereas 18k gold rate is Rs163,875.00 for each tola.

In the global market, gold saw huge drop in price, coming down to $2037 per ounce after drop of $81.79.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 218,500 PKR 2,720
Karachi PKR 218,500 PKR 2,720
Islamabad PKR 218,500 PKR 2,720
Peshawar PKR 218,500 PKR 2,720
Quetta PKR 218,500 PKR 2,720
Sialkot PKR 218,500 PKR 2,720
Attock PKR 218,500 PKR 2,720
Gujranwala PKR 218,500 PKR 2,720
Jehlum PKR 218,500 PKR 2,720
Multan PKR 218,500 PKR 2,720
Bahawalpur PKR 218,500 PKR 2,720
Gujrat PKR 218,500 PKR 2,720
Nawabshah PKR 218,500 PKR 2,720
Chakwal PKR 218,500 PKR 2,720
Hyderabad PKR 218,500 PKR 2,720
Nowshehra PKR 218,500 PKR 2,720
Sargodha PKR 218,500 PKR 2,720
Faisalabad PKR 218,500 PKR 2,720
Mirpur PKR 218,500 PKR 2,720

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