The American Senate has declined
to ratify the CTBT leaving no moral justification for the United States to pressurise
others to sign. There is a great possibility of change in the US instance on CTBT after
the forthcoming presidential elections in the US. Under these circumstances there is
absolutely no hurry at this stage to say yes or no to the treaty. Signing the CTBT should
also be seen in the backdrop of the chronic Kashmir issue posing a serious threat to the
security of Pakistan.
SUZUKI AND TOYOTA
Pakistan being the only country within the Islamic world to have the distinction to
achieve the nuclear capability. This is a status which is not being swallowed by those
suffering from the complex of superiority in this region. People in Pakistan however feel
that they have every right to improve standard of life of 140 million people by applying
the modern technologies their scientists have achieved.
Suzuki and Toyota have
emerged as the top automobile producers of Pakistan. They both enjoy the leading share of
their respective markets; Suzuki in upto 1000 cc cars and LCVs plus a respectable share of
1300-2000 cc segment and Toyota in the big car segment of upto 2000 cc and 2,400 cc
trucks. Suzuki has plans to introduce new models this year while Toyota is preparing to
enter the small car market by introducing 850 cc Daihatsu Cuore car soon.
Two features marked the
performance of Pakistan Petroleum for the year ending June 30, 1999. There was an increase
in the volume of gas sold and more than 50 per cent decrease in trade debt as compared to
the previous year. The contraction in receivable was mainly due to reduction in amount
payable by WAPDA and full settlement of outstanding dues by Sui Southern Gas Company.