Trump Calls Out Pakistan Even as Security Situation Improves
- Foreign direct investment has risen since security crackdown
- Trump calls on Islamabad to abandon safe havens for terrorists
When U.S. President Donald Trump accused Pakistan on Monday of continuing to provide a “safe haven to agents of chaos, violence and terror” it evoked memories of general lawlessness across the country in the years after 9/11 that drove investors from South Asia’s second-largest economy.
While militants the U.S. identifies as terrorists find refuge in Pakistan, safety within the nation has improved dramatically after it launched a costly, now four-year long military crackdown on domestic insurgent and criminal groups, driving recent economic optimism. In the last fiscal year, foreign investment rose to $2.4 billion, the highest since 2009, while the stock market’s benchmark index has increased 134 percent in four years, Asia’s best performer in the period.