Islamabad Uses Diplomacy for Investment
Regional tensions and Pakistan's rapprochement with various countries have prompted Islamabad to intensify its diplomatic efforts in order to achieve economic gains, particularly by requesting financial support from Washington amounting to $10 billion to support exchange rate stability. Pakistan is also working on establishing a strategic financing framework with the U.S. Export-Import Bank (EXIM) to back commercial and investment projects. These moves are seen as attempts to transform diplomatic activity into financial support and to strengthen the economy amid liquidity shortages and economic challenges.
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