Mmm...which countries don't accept the CAAP license ? I know that CAAP is a joke and has no standards at all but I was unaware that CAAP licenses were not accepted for conversion in contracting ICAO states.
As far as I know EK, QR and the carrier that can't be mentioned all accept it.
Everyone do what you want! If you have no better options, 5j would be apt , you are on your own most of the time with no assistance from the company but at the end of the day it's a job , they pay on time and youre getting those hours to the number you have in your head before its time to leave.