抖阴短视频

KARACHI: Faced with a financial crisis at home, Pakistan Prime Minister Imran Khan鈥檚 first visit to 抖阴短视频 could provide a much needed boost to the country鈥檚 political and economic confidence, experts said on Tuesday.
The trip, which began on Tuesday, holds even more significance as Khan is expected to seek $2-$3 billion in economic aid from the Kingdom, with an urgent need to inject around $9 billion into the economy 鈥� to stabilize external accounts largely inflated from high imports and insufficient exports.
鈥淧akistan expects an injection of around $2 billion to $3 billion in order to stabilize its foreign reserves position, currency and external balance sheet,鈥� Dr. Bilal Ahmed, senior economic analyst, told Arab News.
He added that Pakistan would largely benefit from the visit, especially if the Kingdom is convinced 鈥渢o supply oil at concessionary rates which would mitigate pressure on the import bill to a large extent.鈥�
During the last fiscal year, 2017-18, the country鈥檚 imports of petroleum stood at $13.27 billion, imported from different countries, including 抖阴短视频. 鈥淚f Pakistan gets the oil at a deferred payment or at relaxed conditions the issue of the country鈥檚 cash will be resolved,鈥� Syed Mazhar Ali Nasir, Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry 鈥� an apex body of Pakistan鈥檚 industrialists and traders 鈥� told Arab News.
Bilateral trade will be another key area of focus.
鈥淲e should explore avenues for exports to 抖阴短视频 by ending tariff and non-tariff barriers that have decreased the trade of goods and services,鈥� Dr. Ikram ul Haq, a senior economist and expert in legal matters, said.
Despite holding great potential, bilateral trade between Pakistan and 抖阴短视频 is only $3.4 billion and largely in favor of 抖阴短视频.
Pakistan imported $3.1 billion worth of goods from the Kingdom during the fiscal year 2017-18, while exports stood at $316.7 million, data shared by the State Bank of Pakistan showed.
Suggesting new means to explore bilateral trade and investment 鈥� by relying less on traditional goods and services 鈥� Dr. Haq said: 鈥淧akistan should try to win Saudi contracts for IT services as this is the area where we have potential to earn foreign exchange but we never tried. We must come out of traditional items like textile.鈥�
Agriculture is another sector that Pakistan could tap into to seek Saudi investment through joint ventures, Dr. Haq said: 鈥淭his area has potential to grow fast and create export surplus. Saudis investors can be lured for modern corporate farming in Pakistan to earn substantial profits.鈥�