US Warns Pakistan of Sanctions Over Iran Trade Deal
Amidst a series of bilateral agreements between Pakistan and Iran, the US has issued a warning about potential sanctions due to concerns over weapons proliferation.
- During Iranian President Ebrahim Raisi's visit to Pakistan, the two nations signed eight bilateral agreements to enhance trade and cooperation.
- The US State Department highlighted the risk of sanctions for Pakistan if it proceeds with certain business deals with Iran, particularly those that could support Iran's ballistic missile program.
- Entities from Belarus and China have been sanctioned by the US for supplying missile-applicable items to Pakistan's ballistic missile program.
- The US advises caution in dealings with Iran, emphasizing the ongoing restrictions on trade and financial transactions.
- Experts suggest that Pakistan faces significant economic challenges and must carefully navigate its foreign relations with both Iran and the US to avoid exacerbating its financial situation.