By Admin 
Pakistan News: US President Donald Trump is causing concern for many countries with his decisions. Now he has given a big blow to China and Pakistan. The US Department of Commerce has included more than 70 companies in the trade ban list. These include companies from many countries including China, Pakistan and UAE. & Nbsp;
America has cited national security behind this decision. Washington is targeting companies that are assisting in weapons programs of China, Russia and Iran. Due to these sanctions, it will be more difficult for Pakistani companies to do international trade.
difficulties may increase for Pakistan
These restrictions for Pakistan are no less than a major shock. The country is currently facing serious economic crisis, including inflation, falling Pakistani currency and decreasing foreign exchange reserves. The prices of food grains, fuel and other essential commodities are increasing drastically, which is affecting the livelihood of the general public. Pakistani rupee is continuously weakening compared to major foreign currencies, causing inflation pressure.
increasing political instability
A major reason for Pakistan’s failure to overcome the economic crisis is the increasing danger of the ongoing political instability, separatist movements and terrorist attacks in the country. Balochistan, the country’s largest province, is intensifying separatist sentiments, where extremist organizations like Baloch Liberation Army (BLA) are directly challenging the government. Along with this, Khyber Pakhtunkhwa province is also becoming increasingly becoming the center of terrorist violence. Organizations like Tehreek-e-Taliban Pakistan (TTP) are constantly targeting security forces, making the situation becoming more serious.
Pakistan
Pakistan is highly dependent on loans and external financing from the International Monetary Fund (IMF) and other global partners to fulfill its financial obligations. Meanwhile, the IMF has signed an agreement on approving a $ 1.3 billion loan package over a 28 -month period to deal with climate change and support Pakistan’s efforts. This new agreement has been made under the first review of the $ 7 billion bailout program.