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Which country Invest $8 Billion in Pakistan After Resolving 40 Year Old Trade Dispute?

A. USA
B. Russia
C. India
D. Bangladesh

Answer & Solution
Option: B
Explanation :In 80s some companies in USSR were importing textile products from Pakistan. So, USSR opened two bank accounts in the National Bank of Pakistan (NBP). The Economic Affairs Division (EAD) deposited funds in these bank accounts through the State Bank of Pakistan (SBP). After the collapse of the USSR, numerous exporters didn’t get paid. The Pakistani companies claimed to have paid large sea freight fees for the unshipped goods.
Pakistan’s ambassador to Russia will sign the agreement, under the agreement Russia will get the pending $93.5 million within 90 days, while exporters and companies will receive $23.8 million as agreed.
After this agreement, Russia will go ahead with its plan of investing $8 billion in different energy projects and Pakistan Steel Mills. Russia was unable to invest in Pakistan during the dispute since Russian laws prohibit investment in countries with pending disputes.
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