Dar's comments were the first official announcement of the rollover after the loan matured. Dar did not give the new maturity date or other terms of the arrangement.
Rawalpindi wants to restore defence cooperation & get Pakistan off Financial Action Task Force’s Grey List. Western countries have been denying equipment, cancelling deals.
Designed and built by China State Shipbuilding Corporation Limited, the frigate was delivered to the Pakistan Navy in a commissioning ceremony in Shanghai.
China uses donkey hides as a key ingredient in ejiao, a traditional medicine. Pakistan has decided to export donkeys to help friend China meet its demand.
Thanking China for its support in fighting Covid, PM Khan emphasised that the two countries have transformed their relationship into an 'all-weather strategic cooperative partnership'.
Pakistan is also said to be deliberating on maintaining a fine balance between its all-weather ally China and the new Joe Biden administration that will take over in the US.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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