Connect with us

Pakistan

Pakistan expresses solidarity with Saudi Arabia after US charges on OPEC

Published

on

  • “We appreciate concerns of Saudi Arabia for avoiding market volatility and ensuring global economic stability,” FO says.
  • It says Pakistan reaffirms its long-standing, abiding and fraternal ties with the Kingdom of Saudi Arabia.
  • KSA rejected US accusations of aligning itself with Russia amid Ukraine war by making oil production cuts to drive up crude prices.

ISLAMABAD: In the wake of statements made against the Kingdom in the context of the OPEC+ decision, Pakistan Tuesday expressed solidarity with the leadership of the Kingdom of Saudi Arabia.

“We appreciate the concerns of the Kingdom of Saudi Arabia for avoiding market volatility and ensuring global economic stability,” the Foreign Office said in a statement.

It added that Pakistan encourages a constructive approach to such issues based on engagement and mutual respect.

“We reaffirm our long-standing, abiding and fraternal ties with the Kingdom of Saudi Arabia.”

Saudi defends oil policy in face of US charges

A day prior, Saudi Arabia rejected the United States’ accusations of aligning itself with Russia amid the Ukraine war by making oil production cuts to drive up crude prices, insisting it was purely a business decision.”We are astonished by the accusations that the kingdom is standing with Russia in its war with Ukraine,” the Saudi defence minister, Prince Khaled bin Salman, tweeted late Sunday.The Saudi-led OPEC+ cartel — which includes Russia — has angered Washington by deciding to cut production by two million barrels per day from November, adding further pressure on soaring crude prices.”It is telling that these false accusations did not come from the Ukrainian government,” Prince Khaled wrote. “Although the OPEC+ decision, which was taken unanimously, was due to purely economic reasons, some accused the kingdom of standing with Russia.

Biden vows consequences for Saudi Arabia 

US President Joe Biden pledged on October 13 that “there will be consequences” for US relations with Saudi Arabia after OPEC+ announced last week that it would cut oil production over US objections.

His announcement came a day after powerful Democratic Senator Bob Menendez, chairman of the Senate Foreign Relations Committee, said the United States must immediately freeze all cooperation with Saudi Arabia, including arms sales.

Biden, in an interview with CNN’s Jake Tapper, said he would not discuss what options he was considering.

“I’m not going to get into what I’d consider and what I have in mind. But there will be — there will be consequences,” he said.

White House press secretary Karine Jean-Pierre said a policy review would be conducted but gave no timeline for action or information on who would lead the re-evaluation. 

The United States will be watching the situation closely “over the coming weeks and months,” she said.

John Kirby, the White House national security spokesperson, said Biden would work with Congress “to think through what that relationship ought to look like going forward.”

“And I think he’s going to be willing to start to have those conversations right away. I don’t think this is anything that’s going to have to wait or should wait, quite frankly, for much longer,” Kirby added.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Session of the National Assembly: Government Prioritising Youth Skill Development: Ch Salik Hussain

Published

on

By

The National Assembly was informed that the government is concentrating on developing the skills of young people in order to meet the demand for skilled workers in other countries. To this end, the government has inked agreements with several countries.

Continue Reading

Latest News

PTA provides a significant update on Pakistan’s Starlink launch.

Published

on

By

Starlink applied for a license on February 24, 2022, and is currently in communication with the new regulatory body, according to a briefing given to the National Assembly Standing Committee on IT, which was chaired by Senator Palwasha Khan, the PTA Chairman.

Starlink needs to register with both the PSB and the Securities and Exchange Commission of Pakistan (SECP) before to starting its satellite services in Pakistan. According to the PTA Chairman, the body will proceed with further actions after the registration procedure is over.

Along with Starlink, Shanghai Space Technology is also making its debut in Pakistan, which should boost internet access and spur technical advancement in the nation.

The Pakistan Telecommunication Authority (PTA) has also made it plain that until it has government approval, it is unable to grant a license to Elon Musk’s satellite internet service, Starlink.

The chairman stated that Starlink has promised to adhere to government regulations and not circumvent the system.

The committee also chose to call a meeting of the Space and Upper Atmosphere Research Commission (SUPARCO) to take up the topic of space technology regulation. Additionally, the committee asked why the PTA is assigning its duties to other groups.

Prior to the launch of Starlink in Pakistan, Elon Musk, the CEO of SPACEX, stated that he was seeking permission from the Pakistani government.

According to information, Pakistani social media user Sanam Jamali and Elon Musk had a discussion on the launch of Starlink in Pakistan on the social media site X (previously Twitter).

Sanam asked Musk to launch Starlink in Pakistan, claiming that it might open the door to a better future by giving people access to the internet and chances to advance.

In response, Musk said that he is awaiting Pakistani official approval to introduce Starlink there. Through a massive network of satellites, SpaceX’s Starlink offers internet services.

Starlink

SpaceX, a private aircraft manufacturer and space transport services provider established by Elon Musk, is the developer of the Starlink satellite internet network. The constellation uses a network of thousands of tiny satellites in low Earth orbit (LEO) to deliver fast, dependable, and worldwide internet connectivity.

The way we access the internet could be completely changed by this cutting-edge technology, particularly in isolated and underdeveloped locations where conventional fiber-optic and cellular networks are scarce or nonexistent.

High-speed internet access with latency as low as 20 ms is what the Starlink constellation is intended to provide; this is on par with or even better than many current fiber-optic networks.

Every Starlink satellite includes a phased array antenna, which enables it to connect with numerous users at once, offering a flexible and high-capacity network. Fast and dependable internet connection is available to users from almost anywhere in the world with Starlink, which is an exciting advancement for digital inclusion and global connectedness.

Continue Reading

Latest News

The government has dismissed the PTI’s request for a judicial panel probing the violence on May 9.

Published

on

By

The federal government’s negotiation team has completed a comprehensive written reply to the demands put out by PTI.

The statement addresses all points presented by PTI, including the rejection to establish a judicial panel for the events of May 9.

The administration highlighted that judicial commissions are constituted for issues not subject to judicial review, and cases pertaining to May 9 are currently being adjudicated in courts, with certain persons having been condemned by military tribunals.

PTI has consented to engage in negotiations with the Prime Minister’s committee. An in-camera session has been arranged at Parliament House to further deliberate on the topic.

The letter response requests comprehensive lists of missing persons and arrested individuals from PTI, inquiring how measures for their release may be implemented without adequate information. Furthermore, PTI’s assertions concerning fatalities during protests necessitate corroborative data.

The government committee intends to deliver the written response to National Assembly Speaker Ayaz Sadiq in the imminent future. The Speaker will determine whether to convene the fourth round of discussions upon receipt of the response.

Continue Reading

Trending