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