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Pakistan relations with traditional allies in Gulf are on downswing: Scholar-528445


Pakistan relations with traditional allies in Gulf are on downswing: Scholar
Sun Online Desk
8th January, 2021 06:33:26
Pakistan s declining relations with its two biggest sources of foreign remittances and foreign exchange Saudi Arabia and the United Arab Emirates (UAE) is bad news for its already ailing economy of the country, said scholar Salman Rafi Sheikh.
In an opinion piece in Asia Times, Sheikh said Pakistan is tentatively reorienting its foreign policy away from Saudi Arabia and the UAE towards China s New Silk Roads.
Last August, Saudi Arabia asked Pakistan to repay early a USD 3 billion soft loan, Islamabad tried to defuse the tensions by quickly dispatching its current army chief General Qamar Javed Bajwa. ....

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