DRIVEN largely by the fear that Pakistan is on the verge of bankruptcy and could default on its international loans—thus plunging the country into a state of political and social turmoil—the Clinton administration is asking Congress to waive economic sanctions against both India and Pakistan.
On July 15 the Senate approved a measure that would give Clinton authority to waive most economic sanctions on India and Pakistan for up to a year. But, to be effective, the proposal will first have to pass through a series of approvals by Congress.
Administration officials and leading lawmakers such as Democrat Daniel Patrick Moynihan have expressed apprehensions that, if compelled, Pakistan might be tempted to sell its nuclear weapons technology to third countries—a move that would be contrary to US national security interests.
Assistant secretary of state for South Asian affairs Karl F. Inderfurth, appearing before the Senate Foreign Relations Subcommittee on Near Eastern and South Asian Affairs last week, warned,...