Pakistan is on the Rise, Somewhat

Renault, a French auto manufacturer, recently announced that they would be investing in a new manufacturing plant located in Pakistan. This comes shortly after Pakistan's Finance Minister Ishaq Dar traveled to France to meet with Renault executives, promising that investments within Pakistan would lead to a strong decrease on import duties, making the whole process much cheaper for Renault (Reuters, 2016).

 Pakistan is also currently in talks with many other nations and auto companies, such as Nissan, Fiat and Volkswagen, about investing in Pakistan, but many investors believe the risks within Pakistan are way too high. Two key problems include a very unstable government and a constant threat from radical groups such as the Taliban (Reuters, 2016).

The presence of Taliban in Pakistan is one main reason why the Pakistani economy is behind today, simply because people are scared to be there. This really is too bad because Pakistan has a market of around 200 million people, but the majority of these people are being blocked from the world market because of the Taliban. The Taliban must be whipped out to save lives, but also to allow Pakistan's huge economy reach its potential. Once this market is finally opened to our world, the number of jobs that will be created will be endless.

Reuters (2016). Pakistan says renault agrees to invest in local car plant. The Economic Times.
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