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Prime Content | 
Pakistan's balancing act: Iran FTA vs US alliance

04 May '24
76 min read
Pakistan's balancing act: Iran FTA vs US alliance
Pic: Adobe Stock

Insights

  • Pakistan and Iran are discussing an FTA to boost trade, especially textiles.
  • This could benefit Pakistan by lowering energy prices through an Iran-Pakistan gas pipeline.
  • However, the US sanctions on Iran and potential US retaliation threaten the deal.
  • Pakistan is caught between economic benefits from Iran and its crucial relationship with the US.
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