A presentation was given by Zeenia Satti on war on Terror’s Impact on Trade in the Middle East on July 5, 2013 at the Institute of Strategic Studies, Islamabad. Full text of the presentation was posted on her former website The same website was stolen on August 24, 2015. No text from it has been found on the internet ever since. The web hosting company would not help even though the account was current at the time the query was made . The government of Pakistan was approached to deal with the cyber theft. The concerned official expressed inability to help, saying “we are works in progress and do not have a system to deal with the cyber crime yet.”  The blogger herself did not have copies of the blog as the PC carrying the same was stolen.  She had to go to some lengths to procure text of some of her blogs.

The full text of Zeenia Satti’s July 5, 2013 presentation at the Institute of Strategic Studies Islamabad is posted below. What is interesting to note is the fact that while Zeenia  Satti herself gave an abstract of the presentation to the ISSI and a press release to the national daily ‘the News’, ‘the News’ carried  a press release supplied by the Institute of Strategic Studies instead. The abstract supplied by the speaker herself and the one released to the press by the ISSI are both posted below. As can be seen, the abstract released by ISSI regarding Satti’s talk on July 5, 2013 bears no relevance what so ever to the content of talk given by Zeenia  Satti  the same day  under the title “War on Terror’s Impact on Trade in the Middle East.”

When approached, ISSI put all the blame on one of their newly appointed Research Associates.

The News was approached to correct the error to no avail.


A seminar on War on Terror’s impact on the Trading Potential of Middle Eastern States was held at the Institute of Strategic Studies Islamabad on Friday, July 5, 2013. The speaker, Zeenia Satti,  is a consultant, political analyst and former Teaching Fellow at Harvard University, USA.  According to Ms. Satti, the Muslim countries from Central Asia to North Africa have an unprecedented opportunity of becoming prosperous through trade with each other and the international community.  However, their potential is being corroded through the Long War on Terror.  Further, the war on terror is indirectly weakening the economies of the BRICS as well.

Ms. Satti gave a politico-economic analysis of how the intricate nexus between War on Terror and resultant insurgencies, the US sponsored change in maritime security regime and the declining revenue of the regional governments through a worsening security situation that impacts trade is weakening the economy of each and every state in the region. The Peninsula Arabs are not exempt despite possessing the most strategic commodity called fossil fuels. If WOT continues, they may learn in time that they are neither able to sell the amount of oil and gas they want nor receive a fair  market price for their product. (Submitted to the News on July 5, 2013).


“A renowned Political Analyst and former Teaching Fellow at Harvard University, Ms. Zeenia Satti Friday said that the war on terror has struck the trading potential of Middle Eastern States.

She expressed these views in a public talk titled “WOT’s impact on the trading potential of the Middle Eastern States” distinguished lecture Series 2013 organised by the Institute of Strategic Studies Islamabad (ISSI).

While talking about the War on Terror’s impact on the trading potential of the Middle Eastern States, Ms. Satti shed light on several aspects of trade in the region and how the insurgencies and wars in the region have affected the trading potential of many states and continue to do so.

She said that several Middle Eastern countries are major producers of oil and natural gas, economic performance in the Middle East as a whole lags behind other regions in the world in terms of GDP, per capita income, employment and economic diversification.

While talking about the region’s trade potential, she said that limited integration in the global economy is frequently cited as an obstacle to the region’s overall economic development.

Similarly, the region’s trade with the world is concentrated in a small number of products and the conflicts in the region also raise key questions like, “What extent should the international community balance a regional approach of increased trade and investment with more tailored policies to the specific needs of individual countries?, she said.

She said that the United States sanctions on Iran have also affected trade in the region to a great extent as legitimate trade has been halted and greatly affected by the sanctions and has also led to illegal trade and smuggling.

She said Middle East could not handle economic issues. we have to handle it diplomaticly and with political will.

Talking about the law and order in Gawader as reported in the international media, Ms. Satti said that the international media only reports what is happening in the province of Balochistan on the whole and Gwadar alone is not projected.

The speaker said that the challenges in the region present opportunities for new governments but at the same time, a regime of shadow economies has also come into existence and the parallel economies are weakening legitimate trade in the region.

The full text of the July 5, 2013 presentation by Zeenia Satti at ISSI, a think tank of the Foreign Ministry of Pakistan, follows below:

WOT’s (War on Terror’s) impact on the trading potential of Middle Eastern States.

Transcript of Public Talk at the Institute of Strategic Studies Islamabad, July 5, 2013.

By Middle East I do not mean the Arab states only. I use the term to designate the entire Asian and North African Islamic civilization. I do so because the war that commenced in response to the twin tower attack in New York twelve years ago started in Afghanistan but gradually encompassed the entire gamut of Islamic countries directly or indirectly.

Before deliberating on War on Terror’s impact on the trading potential of the Islamic countries, I’d like to establish, albeit briefly, the centrality of trade in the making and un making of the Islamic civilization in history.

Trade was the catalyst for the first truly cosmopolitan Islamic civilization that lasted from seventh to the thirteenth century AD. It was led by the Arabs, and we will shortly see how and why the Arab rulers of vast areas in Asia, Africa and Europe ultimately came to be known as merely the Peninsula Arabs. Compared to the Arab civilization, the Christian, Chinese and Indian civilizations at the time were based on agrarian economy. The Islamic Arabs generated prosperity through merchant economy and wove together a rich fabric of multilingual, multiracial and multi religious people as diverse as the Indians, the Chinese, the South West Asians, the North Africans the black Africans and the Europeans.

The scholarly debate on the reasons for the decline of the Islamic civilization considers the closing of the doors of ijtihad in the fourteenth century to be the prime cause of the decline. A young student of history named Shahzeb Khan presents an explanation for the decline that is more scientific than the ijtehad theory. According to Shahzeb Khan, the Arabs could have re-established themselves as a great civilization post Mongol invasion were it not for Christopher Columbus’s discovery of America and its fatal economic impact on Islamic trade.

After Columbus discovered America in 1492, Spaniards followed in his footsteps by exploring more of what is now Latin America. They found enormous amount of gold and silver, such that the world had never seen. The gold and silver hitherto used by natives for ornaments was now flooding into the world economy, causing a 400 percent inflation that corroded the economies of most non-European nations and helped Europe to develop a global market system. The new wealth caused Europe to grow in power. Khan attributes the decline in Islamic civilization to the changing patterns of international trade in the following manner.

Hitherto, trade in West African gold was a major part of the Islamic economy. After the Spanish colonization of the Americas, the economy of the Gold Coast and the trans-Saharan trade collapsed. The Europeans established new routes for global trade, bypassing the Islamic ones. They also developed the technology to mount cannons on ships. When the Portuguese sailed around Africa and entered the Indian Ocean in the 1500s, they forcibly destroyed Arab maritime trade by gunning down their dhows, thus enabling themselves to take over trade in Asia. Thereafter, the Arabs were literally confined to their desert, which, according to Khan, explains how the founders and administrators of the first truly universal empire in history came to be known ever since as “the Peninsula Arabs.”

The discovery of oil in early 1900s on Arab lands and the basing of industrial economies on fossil fuel added to the wealth of the peninsula Arabs, but did not change the state of decline in the Islamic civilization because petro dollars were recycled to the West. The richer the oil producing Arabs grew, the greater their desire for modern infrastructure grew. Euro-American companies built the same and pocketed payments in huge amounts every year in return for their services.

Towards the end of the twentieth century a critical change took place. The USSR collapsed. The majority of the Islamic states that rose from this debris in Central Asia were rich in oil and gas deposits. Their being landlocked did not matter so much, as they could connect to the Arabian Sea ports through friendly Islamic states of Afghanistan and Pakistan, and to the Mediterranean traversing Eurasia through another friendly Islamic state Turkey.

Another critical development takes place at the beginning of the twenty first century. Asia begins to rise vis-à-vis the west. India and China become ascendant economies with soaring growth rates. China begins to overtake the USA as a superpower. Russia turns around with Putin’s rise to power in 2000.

Both these developments have tremendous implications for Middle Eastern prosperity through trade. The appearance of the newly independent Central Asian States on the world map creates a harmonious chain of near contiguous Muslim states from Central Asia to South Asia to South West Asia to North Africa, who can carry out uninterrupted trade with each other, and with the BRICs. The chain of Middle Eastern states includes those who possess world’s largest fossil fuel reserves. Not only do the Muslim countries encompass strategic trade routes on land, they also control all major maritime hubs in the Arabian Sea/ Indian Ocean. Add to that Turkey in South Eastern Europe, with its control of the Bosporus and the Dardanelles, and you have the picture of a civilization whose one billion strong people are all set to transform their lot through trade on land and on sea. Their linkage with the ascendant Chinese and Indian economies, each with one billion strong population, would create an Indian Ocean/Trans Asian boom that would replace the transatlantic economy within a decade. (Read the decade of WOT).

Because all major maritime transportation hubs for energy trade lie under the control of the Middle Eastern states, it would give the ascendant economies of Asia greater strategic advantage in guarding the same with their militaries, should the rivalry for access to finite energy resources escalate between Asian and the Euro-American economies. An economic, political and military nexus would thus form between the Middle Eastern states that produce energy and control the transportation routes supplying the same to the world, and the rising Asian economies and the ascendant South that would be consuming greater and greater amounts of fossil fuels.

Europe and America could be bypassed in this entire activity with their shrinking manufacturing base and their comparatively undersized human resource. This would make the US redundant in terms of power and influence. The state of Israel would also get jeopardized as it is kept afloat through Euro-American support, particularly that of the US.

So what we see happening here is the repeat of the history I alluded to at the beginning of my talk, in which the discovery of Latin American gold and alternative trade routes by passing the Middle Eastern civilization led to the latter’s ultimate redundancy in international affairs. The danger of this happening to the Euro-American civilization (the West) in general and the US in particular was now rising.

This is the background to the unique US decision to respond to the terror attack on its soil on September eleven 2001 as an act of war, not as domestic crime. The decision was geopolitical in nature and was aimed at striking at the weakest link in the chain of the rising Trans Asian boom. This weak link is the Middle East, where the US already had strong intelligence and significant military presence.

Two invasions that the United States of America undertook one after the other broke the administrative strength in the territorial contiguity of the Middle Eastern civilization. The occupation of Afghanistan politically severed Pakistan from Central Asia and created insurgencies, resulting in the destruction of regional security environment with impact on Pakistan’s trade prospects. Pakistan, as you know, is the gateway to Central Asia.

The invasion and occupation of Iraq cut Turkey off from South West Asia and destroyed the security environment of the South West Asian region. Turkey is the bridge between Europe and South West Asia. Turkey’s internal security was compromised when the Kurdish separatist movement rose from the destruction of the Iraqi state. Besides its negative impact on Turkey as a transit hub for energy supply routes, Turkey’s multi billion dollars tourism industry also took a hit.

Pakistan Turkey and Iran are respectively the first, second and third largest militaries in the Islamic civilization.  Each state is now besieged within. Sanctions against Iran have destroyed its economy, its maritime transportation capacity, and have harmed economies throughout the region whose infrastructure was linked to Iran’s economy. Dubai’s economy is already suffering from the collapse of the real estate market and Dubai World’s failure to repay its debt. It is now incurring huge additional losses due to sanctions against Iran. Dubai had a trillion dollars volume of trade with Iran. Turkey had built up whole sectors of its economy catering to Iranian oil and gas. Those are no longer functional. Pakistan desperately needs energy from Iran but can no longer get it with ease.

WOT has had widespread negative influence on the trading potential of each and every Middle Eastern state. Because it would take a long time to describe the impact country by country, I am going to describe the impact of WOT on the trading potential of the Middle Eastern states issue by issue.


Almost 90% of international trade is done through oceans. Prior to WOT, this regime was purposely lax to allow all players to participate according to their means. After WOT, a very stringent regime of security related requirements has been introduced by the US. It runs parallel to the UN sponsored regime which tightened its own rules post 9/11. In reality, the US sponsored regime has side lined the UN regime. This has had the impact of expelling smaller players from maritime trade and created a near monopoly of mostly West based larger players on the high seas.

Secondly, the manner in which WOT was waged (prolonged occupation amidst mismanagement and abuse) created an inevitable insurgent environment in the region whereby organized groups, indigenous or proxy, began their armed struggle against US occupation. Being unable to take their insurgency to the US, they directed it towards their respective states who are allied with the US in WOT. This had a direct bearing on Muslim countries’ maritime trade potential because most maritime transportation hubs controlled by the Muslims constitute narrow choke points. The development of a myriad of armed regional insurgencies increased the security risk of these channels. The straits of Malacca for instance were temporarily declared high risk area by LIyod’s Joint war Council some years ago. This jacked up the premium of ships crossing these waters to war zone levels, making it an undesirable route for commercial purpose. China, 80% of whose energy supplies traverse the straits of Malacca, started to invest in an alternative route through Burma. Burma, thereafter, found an incentive in eliminating its Muslim population to pre-empt the danger of insurgency due to which its own trade route may suffer similar fate as the Straits of Malacca.

Pakistan’s Gwadar is another example.  Ten years ago it was a dusty fishing village, now it is an impressive state of the art port built in the hope that it would be a hub of trade to and fro central Asia. Eight insurgent attacks on the port made the Pakistan government hand over its security to China. The Indian Ocean and the Red Sea are designated High Risk Areas, policed by the US, not the UN. The US must be consulted on everything bilaterally and has the right to interdict any ship.

The more WOT spreads, the more the insurgencies are likely to spread in predominantly Muslim countries. Even if there are no terror attacks on ships crossing the waters adjacent to the insurgent countries, the insurgency itself is enough to raise the risk levels of these waterways with negative economic implications for the states who earn revenue from the channels.

Terrorism on high seas is not a serious concern for analysts because terrorists strike to invite attention to their cause. Ships on seas are isolated objects beyond media’s reach. Secondly, terrorists do not possess the technical skills and tools to strike large vessels. The US has raised the concern that terrorists could sub contract their mission to the pirates. In reality the two missions are mutually contradictory. Pirates economically depend on sea traffic in their areas of operation. Terrorism can lead to a decline in such traffic or altogether end it. Believing that terrorists and pirates can form an alliance is like assuming that because lions kill antelopes, they can hand out a contract to hunters to decimate the antelope population.

So, in the end, we are left more with fears than genuine threats and yet the jacking up of security risk has impacted Middle Eastern economies negatively. Even prior to the Egyptian uprising, Yacht insurers stopped covering vessels that sailed to Egypt’s ports on the Red Sea, bringing down Egypt’s tourist trade.

Due to WOT, crossing what was formerly known as the hubs of maritime transportation has become costly in monetary terms. 90% of maritime insurance is controlled by the West. While large multinationals can afford the new regime of maritime security, Middle Eastern dhows are getting wiped from the scene. This in turn has stymied the trading potential of Middle Eastern traders in non fossil fuel commodities. Single commodity trading does not lead to development of a civilization.

Eco tourism has also taken a big hit. Eco-tourism has increased the potential of underdeveloped states to earn revenue through tourism as it does not require infrastructure. Due to declining wages in the west and rising environmental awareness, eco tourism has become especially popular during the past decade. The attack in Gilgit Baltistan’s Dianmar sector on tourists in May 2013 is an attack on the government of Gilgit Baltistan’s potential to earn revenue from eco tourism.

The expanded and ever deepening system of surveillance of maritime traffic is ostensibly for stopping terrorism or trade in WMDs. In reality it is US’ fear of Middle Eastern countries covertly providing bases to China, and the latter covertly providing weaponry to the former, that has led the US to monitor every little drift wood on the high seas through an unprecedented system of surveillance operating out of UK, Australia, New Zealand, Canada and the US.  It is this diversion of interests that has made India, China, Malaysia and Indonesia stay out of the US initiated regime of Proliferation Security Initiative. The maritime surveillance has increased the potential of false flag operations against real or perceived enemies. The attack on Pakistan’s Mehran base in May 2011 is an example of a false flag operation in which P C 3 Orion aircrafts were destroyed, ostensibly by the Tehrik-e-Taliban-e-Pakistan! The aircrafts have no relevance to the insurgency inside Pakistan.


WOT has struck the on land trading potential of Middle Eastern states in two ways. One is of course through creating insurgencies which attack trade convoys travelling through routes that are under insurgent influence, or close to insurgent held territories.  The other is through the cognitive deterioration regarding each others’ societies that has made the regional states adopt a policy of hardening of borders. Their trade interests are better served through maintaining soft borders and regional free trade zones. Prior to WOT, Uzbek, Turkmen, and Tajik traders would have traded their product in Pakistani and Irani markets and vice versa without the current debilitating visa regime.

In the year 2000, Tehreek-e-Taliban e Pakistan did not exist. Even during Pakistan’s most Islamist rule for eleven years under General Zia ul Haq, no such movement developed in Pakistan. During six years of Taliban rule in Afghanistan, the movement stayed confined to a portion of Afghanistan as Northern Afghanistan remained out of its control. The Islamic movement of Uzbekistan (IMU) was a miniscule dormant cell confined to Uzbekistan. Now we are told the IMU has spread to Turkmenistan, Tajikistan, Kyrgystan, Afghanistan China and Pakistan. An insurgent movement calling itself Jandullah has started targeting Iran from the trip point of Iran Pakistan and Afghanistan. Al Qaeda we are told has spread itself to Iraq, Libya, and Yemen. Because of insurgent movements by Jamma Islamiya, Indonesia’s trade routes have become unsafe. PKK is waging insurgent attacks on Turkey’s trade routes; Boko Haram is carrying out insurgent attacks in Nigeria, Cameroon, and Niger. Al Shabab is combatant in Somalia. Jamaat ul Mujahideen is conducting insurgent battle in Bangladesh.

All of these militant movements emerged during the decade of WOT. Although WOT occupied only Afghanistan and Iraq, the nuances of WOT inflamed pan Islamic passion. WOT leadership chose not to pronounce a country or region based description of terrorism, such as Afghan terrorism or Iraqi terrorism, or  North African, Central Asian, South Asian terrorism. Instead, the term “Islamic terrorism” is used as a catch phrase by western media and Western elites. To Islam’s followers throughout the globe, the pronouncement is received as an attack on their religion. Added to it are revelations regarding desecration of the Islamic holy book of Quran by prison authorities in the US, videos of atrocities committed by US troops in Iraq and Afghanistan and the abuses committed in off shore prisons. The above mentioned ‘soft attacks’ from the West have generated violent insurgencies all over the Middle East, besieging governments from within.

During imperial times, borderlands in the Middle Eastern colonies were not developed because the trade related infrastructure was constructed to connect the peripheral metropolis to the central metropolis which lay inside Europe. Regional trade was not the goal. Post-colonial border lands throughout the Middle East are therefore seeped in abject poverty. Had WOT not happened, chances are these lands would have developed impressive infrastructure so Islamic countries could trade with each other. Now as things stand, most states do not have the revenue to build infrastructure and the absence of the same makes their trade routes vulnerable to insurgent attacks. Going by scientific estimation, As WOT continues, there is likely to be more, not less of these insurgencies and therefore more, not less of international terrorism. Cross border trade will be subjected to terror attacks. (Merchants and merchandise are not safe even on the scenic and historically serene Silk Route between China and Pakistan).

The third factor that has fractured the actual trade regime and scuttled the prospective one is the US imposed stringent sanctions against Iran, getting increasingly tough during the last six years. The lethal impact of these sanctions has been two fold. First, legitimate trade has come to a halt, hurting regional states. Secondly, smuggling has started, empowering the underworld. A shadow economy has networked throughout the region with its accompanying under world transnational bodies. Terror financing has thus been made easy.

With the US troops’ inability to keep up the elimination of drug production in Afghanistan (a feat accomplished during the five year Taliban rule), drugs have added another debilitating element to the maintenance of law and order in the region. Karachi, which was meant to be Pakistan’s major point of transit trade, has become a major transit point for drugs from Afghanistan. Heavily armed gangs in Karachi engage in drug trafficking. Political groups find drug mafias as handy suppliers of cash in return for political patronage. Police is bribed with amounts never seen before. The nexus has resulted in the Karachi of today. Even during the Soviet Afghan war, Karachi did not get this bad. Karachi’s security cannot be restored till drug production in Afghanistan stops.

The shadow economic activity that has risen out of the shackles of economic sanctions of first pre occupation Iraq,  then Iran, then Syria (all in the same region) has given rise to a parallel economy that is steadily weakening governments because smuggling enriches and empowers the underworld while denying states their due share of revenue from trade. This makes clandestine groups more powerful vis-a-vis the state, making it difficult for states to maintain law and order within their boundaries.  Corruption is legitimated because regional customs officials have sympathy for the people of the sanctioned state. Hence they accept bribery and look the other way when commodities are being smuggled to and fro. As bureaucracy gets weaker, the domestic enemies of state get stronger. A vicious cycle of state enfeeblement and underworld empowerment has thus been created by WOT throughout the region.

Regional trade in human resource has also suffered during WOT. A huge number of migrant workers from non oil producing states had started working in oil producing states, providing their home countries remittances. This is beginning to decline rapidly due to a combination of sanctions, war and negative perception on the part of the regional states regarding each others’ populations. The Libyan and Iraqi conflict dried up remittances and sent home migrant workers from the once prosperous oil producing nations. Sanctions against Iran have made the value of Iran’s currency plummet, with negative impact on remittances from Iran to other Muslim countries such as Afghanistan, Pakistan, and Egypt.

Due to open military intervention of the West in Middle Eastern domestic conflicts, weaponization of non- state actors has resulted at a scale that exceeds even the cold war era clandestine gun running to proxy warriors.  Weapons from Libyan stock piles, we are told, have made it to Chad, Mali, Nigeria and Niger. Gulf of Guinea has been red flagged for commercial shipping because of rising incidents of piracy in which the pirates are equipped with heavy weaponry.

Hence a region in which all states have the potential to trade with each other and the world, and grow prosperous and powerful in the process, is being pushed into underworld activity and civil strife. A force applied from without the region is engineering a regional politico-economic climate that is unhealthy for local populations but promotes the trade agenda of the foreign force. The more strife ridden the Middle East gets, the more the US is able to contrive itself as the gendarme that China, India, Russia, and Brazil will have to do business with, instead of simply bypassing an empire whose business generating capacity has petered out. WOT is a brain dead empire’s life support machinery, aimed at generating free trade for the euro-American companies. Without WOT, the empire will be no more and the western states will have to re invent themselves either individually or collectively. WOT’s continuance, on the other hand, is a burden on global economy and because of its blow back, also a  burden on the euro-American populations. WOT is not a war. It is an exercise in social, political and economic engineering with negative impact on the ascendant Asian economies.

If the Middle Eastern states do not deploy their collective diplomacy towards ending WOT, The most likely outcome of this long war would be the steady spread of uprisings in all the Islamic states against their respective state systems. In the absence of leadership, such uprisings are likely to invite foreign intervention, to the detriment of Middle Eastern states, their population, and their resources.  The Peninsula Arabs are not exempt. If WOT continues, they are likely to learn in due course that they can neither sell the amount of oil and gas they desire, nor get the fair market price they deserve.

The Middle Eastern states have to deploy their political skill at two fronts – Internally, they must possess the skills to placate their own restive population so insurgencies can end. Externally, all Middle Eastern states must deploy multilateral diplomacy to end WOT. WOT is a war against the Muslim countries and Islamic populations in the short run only. In the long run, it is a war against China, India, Russia South Africa and Brazil. Behind America’s wooing of India lurks the fear of Trans Asian economies ultimately allying themselves against the Western economies in the inevitable economic, political or even military confrontation. American overture to India is thus an exercise in pre-emptive diplomacy to prevent the same.

Indo US alliance will not work to the benefit of India in the long run. All of US’s non European alliances have produced negative consequences for the latter. The NICS, i.e., South Korea and Taiwan, plus Egypt, Mexico, Pakistan, and Philippines are some of the example of non-European post war US allies who did not benefit in the long run from their alliance with the US.

India for its part is happy to see the US mitigate, through WOT, the danger Delhi faces in the shape of Pakistan, a hostile country with nukes through which all of India’s energy supply from the Central Asia and the Gulf region transits. Pakistan continues to appease India bilaterally, in the hope that hostilities will give way to trade. This will not do because WOT has destroyed Pakistan’s political power vis-a-vis India.

Only a rigorous multilateral political approach, in collaboration with BRICs, will get each Middle Eastern country out of WOT engineered shackles. The significant economies of South America and Africa are also important components of the bridge the newly emergent economies must build to wage a concerted diplomatic struggle against WOT. The Muslim states, being the first target of WOT, must produce the first collective voice of reason in this regard. Constructive reasoning is likely to get international reception. First, the Middle Eastern civilization must have articulate and smart leadership that can handle subversive warfare domestically and a changing world internationally.

WOT is not a war against Islam. Those who think so delude themselves into thinking their religion is of importance to the outsiders. The Muslim countries are WOT’s first target because they are the weakest link in the chain of emerging Trans Asian and southern boom. WOT is destroying the potentially robust Central Asian, South Asian, South West Asian and North African markets for the BRIC economies. Had WOT not interrupted the economic potential of the region, Growth in BRICs would not have been held hostage to the fate of the Euro-American economies.