Our frail economy undermines our sovereignty
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Russian Deputy Prime Minister Alexei Overchuk visited Pakistan on September 24, 2024, urging Pakistan to adopt a bold stance like India against Western pressures to enhance economic relations with Moscow; Pakistan's economy is precarious, reliant on international financial institutions, and struggling with external debt, weak exports, and low Foreign Direct Investment; Western sanctions on Russia complicate trade ties; India's defiance of US sanctions contrasts with Pakistan's vulnerability, risking harsher US responses; the US-Pakistan relationship is characterized by contradictions, with President Biden calling it an 'enduring partnership' while the State Department threatens sanctions; Pakistan must reform its economy to regain sovereignty and pursue an independent foreign policy.

#Pakistan #Economy #Sovereignty #Russia #Us #Sanctions #ForeignPolicy #Debt #Trade #Investment

https://www.brecorder.com/news/40323673/our-frail-economy-undermines-our-sovereignty