Pakistan is in early talks with Kuwait for an expanded defence pact, aiming to secure vital energy cooperation and investments. The potential deal, described as "barrels for boots," seeks to shore up Pakistan's economy and boost its oil and fuel reserves. Kuwait is exploring bonded fuel storage and an enhanced diesel supply agreement. This economic support could help stabilize Pakistan's balance of payments, potentially easing pressure on the USD/PKR rate and indirectly influencing local gold prices.
بحوالہ / Source: www.brecorder.com