Pakistan Paying a Heavy Price for Friendship with Iran !

Dubai (United Arab Emirates) / Islamabad (Pakistan)– A significant rift has emerged in the relations between Pakistan and the United Arab Emirates (UAE). The UAE is reportedly displeased with Pakistan’s role as a mediator in the conflict between the United States and Iran, as well as Pakistan’s failure to openly condemn Iranian attacks on the Emirates. Pakistani citizens working there are facing serious consequences as a result. The UAE has forced a large number of Pakistani Shia Muslim workers to leave the country. Citing security concerns and political sensitivities, the administration has imposed a ban on visa renewals and new employment for many Pakistani nationals.
Major Impact on Pakistan’s Economy
The United Arab Emirates is the largest employment hub for Pakistani migrant workers, with over 2 million Pakistani citizens residing there. Last year, these workers sent over 8 billion dollars (more than 222,000 crore Pakistani Rupees) back to Pakistan. If the UAE proceeds with the expulsion of these workers, Pakistan’s foreign exchange reserves and its already fragile economy could completely collapse.
UAE Demands Repayment of 3.5 Billion Dollar (97,285 Crore Pakistani Rupees) Loan
In another shocking development for crisis-hit Pakistan, the UAE has reportedly demanded the immediate repayment of a 3.5 billion dollar loan previously granted to the country. This amount accounts for nearly 20% of Pakistan’s total foreign exchange reserves. There are fears that if Pakistan is forced to return this amount immediately, its economy will face a total breakdown.
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