Pakistan utilized the UAE for debt management and financing amid regional economic instability caused by the US-Iran conflict.

The entities involved

• Pakistan →

  sovereign state in South Asia

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Pakistan is establishing long-term economic cooperation with Central Asia, including plans to join the International North-South Transport Corridor.Mon 17:36
• United Arab Emirates →

  country in Western Asia

  • UAE's first national rail service connects cities, establishing a new rail network between Fujairah and Abu Dhabi.Mon 17:54
  • The UAE is hosting the UN Congress on Crime Prevention and Criminal Justice, with press conferences held in Dubai.Mon 15:51

Related events

• The Gulf War is causing disruptions to Pakistani money movement to Dubai, while tax reductions are noted to be supporting property purchases in Punjab.Mon 13:26
• High-level talks confirm the IMF program is underway, focusing on macroeconomic performance and expanding economic cooperation between Pakistan and the US.Jul 24
• IMF provided resilience financing to Pakistan, with the Middle East region of focus.Thu 08:23
• IMF proposes conditions for gas sector debt reduction with Pakistan.Jul 21
• Pakistan helped broker the US-Iran agreement, which includes an MoU ensuring the territorial integrity of Lebanon.Jun 18