$5 billion aid for Pakistan

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trader#21

http://www.cnn.com/2009/WORLD/asiapcf/04/17/pakistan.tokyo.aid/index.html
International donors meeting in Japan have pledged more than $5 billion in aid for Pakistan to bolster the country's economy and help it fight terror and Islamic radicalism, officials said.
Japan and the World Bank co-hosted the 2009 Pakistan Donors Conference, with representatives of 31 countries and 18 international organizations and agencies.
"The international community is facing profound economic challenges," Hirofumi Nakasone, Japan's foreign affairs minister, said at the opening session of the donors conference.
"At the same time it must tackle the acute problem of terrorism, which is occurring all around the world and threatens people's peaceful lifestyles and their happiness.
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U.S. pledges $1 billion 'down payment' to Pakistan
http://thehill.com/leading-the-news/u.s.-pledges-1-billion-down-payment-to-pakistan-2009-04-17.html

even when it's publicly known that pakistan diverts aid to fundamentalists!
http://www.timesonline.co.uk/tol/news/world/asia/article3116090.ece
 
"With respect to A Q Khan, there's no doubt he is probably the world's greatest proliferator. The damage that he's done around the world has been incalculable," Clinton said in response to a question from a lawmaker at the House Committee on Foreign Affairs.

"We're not interested in putting money into doing what hasn't worked. And we've seen the situation deteriorate over the last eight years in-- Pakistan. And even before, it's been a very difficult country for us to get our arms around and figure out what our ongoing relationship would be like," Clinton said.

http://news.in.msn.com/international/article.aspx?cp-documentid=2993560

Khan, 73, was slapped with US sanctions along with those on his network. He was put under house arrest in 2004 by then Pakistan President Pervez Musharraf after he admitted having passed nuclear know-how to North Korea and Iran.

Khan was released by a Pakistani court from house arrest in February this year. PTI
 
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