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Explainer: Why Pakistan is looking to Saudi Arabia and China for UAE loan repayment?
Pakistan’s longstanding ties with Saudi Arabia and China see them as likely candidates to assist the south Asian country with its loan repayment to the UAE.
Pakistan enjoys strong diplomatic ties with China and Saudi Arabia [Getty/file photo]
Pakistan is reportedly seeking financial support from China and Saudi Arabia as it faces pressure to repay approximately $3.5 billion to the UAE.
The South Asian country is seeking loans and…