
Islamabad, Pakistan — In a series of trips over the past three months, Pakistan Prime Minister Shehbaz Sharif has tried to convince the debt-strapped country’s three closest allies — China, Saudi Arabia and the United Arab Emirates — to invest in the nation, as its precariously positioned economy looks for green shoots.
In June last year, under Sharif’s first tenure as prime minister, the government formed a Special Investment Facilitation Council (SIFC), a high-powered body comprising Pakistani civilian and military leaders, to promote investment in Pakistan.