Pakistan's Economic Ties with China and Iran to Strengthen

Pakistan12/21/2024
Pakistan's Economic Ties with China and Iran to Strengthen
Image Credits: Tribune

Pakistan is set to deepen its economic ties with China and Iran, according to recent reports. The country's capital markets are expected to see increased cooperation with China, with the two nations looking to strengthen their economic partnership. Iran, on the other hand, is expecting robust trade and economic ties with Pakistan, with the two countries looking to increase their bilateral trade. The move is seen as a significant step towards diversifying Pakistan's economy and reducing its reliance on traditional trade partners. The country's government has been actively promoting economic ties with other nations, particularly in the region, as part of its efforts to boost economic growth and development. The strengthening of economic ties with China and Iran is expected to have a positive impact on Pakistan's economy, with increased investment and trade expected to create new job opportunities and stimulate economic growth. The move is also seen as a strategic step towards reducing Pakistan's dependence on traditional trade partners and promoting regional economic integration.


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