Thursday, June 22, 2023

Cash-strapped Pakistan in talks to transfer largest port to UAE

Smart move!

"The Port of Karachi is Pakistan's largest port, located across the Arabian Sea from the United Arab Emirates.
kistan is considering handing over terminals at the Port of Karachi to the United Arab Emirates, in what could be the first such transfer under legislation enacted last year to help the embattled government raise emergency funds. ..."

Cash-strapped Pakistan in talks to transfer largest port to UAE - Nikkei Asia Deepening economic crisis has government scrambling for money

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