Saturday, 23 October 2021

Tag Archives: Pakistan-China relationship

China, Pakistan extend currency swap agreement

BEIJING: China has increased the size of a currency swap agreement with Pakistan by 10 billion yuan ($1.57 billion), two sources of SBP said on Thursday, with cash earmarked for boosting fast-depleting foreign currency reserves. Two State Bank of Pakistan (SBP) sources told Reuters that the currency swap agreement between ...

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Russia, Pakistan, China seek to crack Afghan conundrum

ISLAMABAD: In international diplomacy, there are no permanent friends or foes. This oft-repeated cliché perfectly illustrates the current transformation of Pakistan-Russia relationship. When Afghanistan was in turmoil in the 1980s, Moscow and Islamabad were in opposite camps. But their Cold War rivalry has taken a dramatic turn. And the two ...

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