Follow
WhatsApp

As American role shrinks, Russia comes in with heavy investment in Pakistan

As American role shrinks, Russia comes in with heavy investment in Pakistan

ISLAMABAD – As part of its effort to find new allies and friends, Pakistanhas also sought to establish relationship with Russia, which has shows keeninterest in enhancing bilateral cooperation.

Senior Pakistani journalist Syed Talat Hussain, on Monday revealed that abig Russian delegation led by Mayor of Leningrad is coming to Pakistan asMoscow “plans on purchasing banks, laying down railways lines and enhancingtheir interest in telecommunications”.

“As America’s role shrinks, other powers court Pakistan,” he wrote.

Talat Hussain further revealed that the Russians see Bank Alfalah as a bigticket investment in Pakistan.

Elaborating on why he thinks Russians would want to invest, he said”Pakistan is a country of strategic location, warm water ports and open toalternatives to its traditional dependence on US”.