Militant attacks threaten cash-strapped Pakistan's energy plans

Forex crisis pushes Islamabad to eye local currency imports from neighbor Iran

20230529.PakIran

Pakistan's Prime Minister Shehbaz Sharif, left, meets with Iranian President Ebrahim Raisi on May 18 in Pishin on the two countries' border. © Reuters

ADNAN AAMIR, Contributing writer

ISLAMABAD -- Pakistan's bid to ease a crippling foreign exchange crisis by importing energy from Iran could be in jeopardy, as a militant attack near their border has thrown future deals into doubt, analysts say.

Five Iranian border guards were killed in the May 21 clash with an extremist group in Saravan, a town in Iran near the frontier with Pakistan.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.