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Pakistan pitches Nobel, crypto and rare earths to woo Donald Trump

Cash-strapped Islamabad tries to stave off trade tariffs and deepen ties with White House

© Alex Wheeler/FT montage/Alamy/Anadolu Agency via Getty Images

© Alex Wheeler/FT montage/Alamy/Anadolu Agency via Getty Images

Pakistan is pitching itself as a bitcoin mining hub, a source of rare earths and offering its support for a Nobel Peace prize for Donald Trump, as a cash-strapped Islamabad seeks to stave off hefty trade tariffs and deepen ties with the White House.

Its finance ministry is battling to secure a trade deal with the US, the country’s largest export partner, and hopes to avert tariffs, which could go as high as 29 per cent on July 9.

Islamabad hopes crypto and mining, as well as nominating Trump for the Nobel Peace Prize, will help it get on the president’s good side, according to officials in Islamabad and analysts.

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Author: Humza Jilani in Islamabad

Source: Financial Times

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