logo
Beyond borders

Beyond borders

Express Tribune22-02-2025

Listen to article
Across the world, diasporas have played an important role in shaping global economies, influencing policy, and maintaining strong cultural ties with their homelands. Whether it is the Chinese diaspora's economic influence, the Irish diaspora's political advocacy, or the Indian diaspora's role in global technology sectors, expatriate communities have repeatedly proven their significance. Similarly, the Pakistani diaspora - spread across the US, the UK, the Middle East, and beyond - has emerged as a formidable force contributing to both their host nations and their country of origin.
Multiple forms of immense contributions link to Pakistanis who live abroad. The remittances from overseas Pakistanis help improve the balance of payments situation. The Pakistani professionals together with entrepreneurs have demonstrated remarkable achievements through their work in technology fields, finance, medicine and academic sectors. Pakistani-origin individuals now lead globally as executives in Silicon Valley and contribute to international academic discourse while establishing themselves as global leaders.
The diaspora population also plays an essential role by building cultural links which enhance Pakistan's international reputation. The Pakistani diaspora abroad uses their financial resources to support the construction of schools and hospitals as well as social welfare projects in Pakistan. Community organisations and advocacy groups work towards improving Pakistan's relations with host countries, facilitating trade agreements, and countering negative stereotypes. In moments of crisis - be it natural disasters or political upheavals - the diaspora has stepped up, mobilising resources to support relief efforts.
However, as with other diasporas, the Pakistani community abroad is not monolithic, and internal divisions might limit its collective potential. Over time the diaspora functioned as a bridge between Pakistan and global communities yet recent years have shown a growing number of members who prefer to use their influence for partisan political conflicts. The Pakistani diaspora faces parallel challenges similar to those affecting other communities of expatriates including both the Cuban diaspora in the US and Middle Eastern expatriates.
The political involvement of the diaspora leads to both the marginalisation of broader positive diasporic actions and adverse effects on Pakistan's economic and diplomatic relationships. Countries value diaspora communities that contribute to bilateral relations, business, and development rather than those embroiled in internal strife. For example, the Chinese diaspora's strategic engagement has facilitated major economic ventures like the BRI, while the Indian diaspora's cohesion has strengthened its lobbying power in Western capitals.
In contrast, when a diaspora becomes fragmented along political lines, it loses its collective bargaining strength which diminishes its influence. Political alignments often dictate engagement, with some expatriates choosing to fund or support only specific political factions rather than national causes. This selective approach weakens the diaspora's ability to act as a unified force for progress. The lessons from successful expatriate communities worldwide emphasise unity, economic collaboration, and promotion of a positive national image. If the Pakistani diaspora can reclaim its broader mission - fostering development, enhancing global partnerships, and supporting national progress - it will reaffirm its role as one of Pakistan's greatest assets.
While political expression is a natural and inevitable aspect of any expatriate community, it should not come at the expense of national interests. A diaspora that puts progress first instead of partisanship will create a connection between Pakistan and the world which leads to sustained prosperity and worldwide respect. The challenge now is to ensure that the collective voice of Pakistanis abroad reflects ambition, innovation, and unity - rather than division and discord.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

FM Dar rejects reports of Pakistan's nuclear threat to Israel as ‘false and misleading'
FM Dar rejects reports of Pakistan's nuclear threat to Israel as ‘false and misleading'

Business Recorder

timean hour ago

  • Business Recorder

FM Dar rejects reports of Pakistan's nuclear threat to Israel as ‘false and misleading'

Foreign Minister Ishaq Dar has categorically denied reports claiming the country threatened nuclear retaliation against Israel, calling such claims 'misleading and false' in a strongly worded statement on X (formerly Twitter). 'Pakistan is a responsible nuclear state, and our nuclear and missile program is solely for national defense and security,' Dar stated. Pakistan has evacuated 450 pilgrims from Iran so far: Dar 'Pakistan has not issued any statement regarding a nuclear strike on Israel. Such false and misleading information can harm national interests.' The clarification comes amid a surge in online misinformation, including fabricated videos and statements falsely attributing nuclear threats to Pakistani officials. Dar warned that 'irresponsible commentary and fake news on sensitive matters not only mislead the public but also damage Pakistan's global reputation.' He urged all parties to 'exercise caution and rely on verified information.'

Pakistan rupee slips to 18-month low against US dollar
Pakistan rupee slips to 18-month low against US dollar

Business Recorder

time3 hours ago

  • Business Recorder

Pakistan rupee slips to 18-month low against US dollar

Rupee's Performance Against US Dollar Since 04 March 2025 The Pakistani rupee depreciating 0.07% on Monday to hit 18-month low against the US dollar. At close, the local currency settled at 283.17, a loss of Re0.21 against the greenback. The rupee was previously at 283 level against US dollar in December 2023. 'The local currency is facing pressure due to rising import demand along with debt repayments,' Sana Tawfik, Head of Research at Arif Habib Limited (AHL), told Business Recorder. During the previous week, rupee weakened as it depreciated Re0.79 or 0.28% against the US dollar. The local unit closed at 282.96, against 282.17 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP). Globally, the US dollar firmed against major currencies on Monday, driven by safe-haven buying from investors fearing the Israel-Iran fighting could escalate into a broader regional conflict as they braced for a week packed with central bank meetings. As both Iran and Israel showed no signs of backing off from their attacks, the prospect that Tehran might seek to choke off the Strait of Hormuz - the world's most important gateway for oil shipping - raised broader economic risks from disruptions in the energy rich Middle East. Scheduled weekend talks between Iran and the United States on Tehran's nuclear programme were also shelved after Israel launched its surprise attack on Friday. On Monday, the dollar rose 0.14% to 144.3 Japanese yen, while the euro was 0.14% lower at $1.1534. In early Asia hours, the greenback was steady against the Swiss franc at 0.81, while an index that measures the dollar against six others was steady at 98.25. Currencies that are positively correlated to risk such as the Australian dollar and the New Zealand Dollar were marginally higher. Geopolitical tensions were the latest twist for investors and central bank policymakers who have been trying to navigate economic uncertainty triggered by U.S. President Donald Trump's move to reshape the global trade order this year. Despite the US dollar's broader rise in the past few sessions, analysts were less convinced that the trend could continue until there was more clarity on the tariff front. The currency has lost over 9% in value this year as investors remain nervous over Trump's deadline on trade deals that come due in about three weeks, while agreements with major trade partners including the European Union and Japan are yet to be signed. Investors now will look progress in any bilateral meetings with the U.S. on the side of a Group of Seven leaders meet in Canada. Oil prices, a key indicator of currency parity, climbed on Monday, extending Friday's rally, as renewed strikes by Israel and Iran over the weekend increased concerns that the battle could widen across the region and significantly disrupt oil exports from the Middle East. Brent crude futures rose $1.12, or 1.5%, to $75.35 a barrel by 0019 GMT, while U.S. West Texas Intermediate crude futures gained $1.10, or 1.5%, to $74.08. They had surged more than $4 earlier in the session. Both benchmarks settled 7% higher on Friday, having surged more than 13% during the session to their highest levels since January.

Russian rouble strengthens against dollar, tracking higher oil prices
Russian rouble strengthens against dollar, tracking higher oil prices

Business Recorder

time3 hours ago

  • Business Recorder

Russian rouble strengthens against dollar, tracking higher oil prices

MOSCOW: The Russian rouble strengthened against the U.S. dollar on Monday, following a surge in oil prices due to potential supply risks from the Israel-Iran conflict. By 1200 GMT, the rouble was up 1.3% at 78.65 per U.S. dollar, according to LSEG data based on over-the-counter quotes. The Russian currency is up by about 40% against the dollar since the start of the year. Analysts, most of whom consider the rouble overvalued, noted that the new geopolitical risks have reduced the likelihood of new sanctions against the Russian energy sector, which G7 leaders were scheduled to discuss at their meeting in Canada. Russian rouble gains 'The current situation may also affect the discussion of new sanctions on Russian oil, possibly postponing the decision on their implementation,' said Sofya Donets from T-Bank. Against the Chinese yuan, the most traded foreign currency in Russia, the rouble weakened by 0.2% to 10.90 on the Moscow Stock Exchange.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store