Pakistan seeks $1.4 billion from China amid rising tensions with India
Pakistan seeks a $1.4 billion increase in its currency swap line with China. Finance Minister Aurangzeb confirms the request. Pakistan plans to launch its first Panda bond by year-end. This comes amid heightened tensions with India after the Pahalgam attack. Trade between India and Pakistan has significantly decreased. Indirect trade continues via third countries.
Pakistan seeks a $1.4 billion increase in its currency swap line with China. Finance Minister Aurangzeb confirms the request. Pakistan plans to launch its first Panda bond by year-end. This comes amid heightened tensions with India after the Pahalgam attack. Trade between India and Pakistan has significantly decreased. Indirect trade continues via third countries.
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