Pakistan said it was still making a full diplomatic push to ease tensions between the United States and Iran after marathon talks in Islamabad ended without agreement, underscoring Islamabad’s bid to keep a fragile mediation effort from unravelling.
Pakistan is aiming to attract up to 50,000 Russian tourists annually and generate $1 billion in revenue from the market. Officials say changing travel patterns and Pakistan’s northern destinations could create a new opening for the country’s tourism industry.
Pakistan has retained a B- rating from Fitch, with the agency citing reform momentum, improving macroeconomic stability and stronger foreign exchange buffers as reasons for the affirmation, while warning that the economy remains vulnerable to oil shocks.
Donald Trump praised Prime Minister Shehbaz Sharif and Field Marshal Asim Munir as “very extraordinary men” after being briefed on the marathon U.S.-Iran talks in Islamabad, placing Pakistan’s leadership at the centre of a major diplomatic moment.
Donald Trump has said that he expects Iran to return to the negotiating table and “give us everything we want,” reinforcing a maximalist U.S. position after high-level talks in Islamabad ended without a deal.
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