Pakistan has decided to sell its old embassy building located in the United States (US).
The Pakistani embassy in Washington has been given permission by the Foreign Office to sell its old, vacant facility, which has been empty for the past 15 years.
According to sources familiar with the situation, the building in the center of Washington is worth $5 to $6 million and is being sold as a result of Pakistan’s “crunch” economic position.
Earlier it emerged, the Foreign Affairs Division moved to the cabinet the case of two old Chancery buildings, located on 2201 R Street and 2315 Massachusetts Avenue in Washington, which have been lying vacant since the Pakistan Embassy there was relocated to a purpose-built Chancery Building in April 2003.
Earlier in August, sources stated that Pakistan was planning to give Qatar shares of the Roosevelt Hotel in Manhattan, New York, in exchange for Doha’s investment in the aviation industry.
The Roosevelt Hotel, established in 1924, is among the historic hotels in the United States and is situated in the luxurious downtown area of Manhattan.
