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Pakistan’s Shehbaz Sharif takes oath as prime minister, directs team to talk with IMF

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(Last Updated On: March 5, 2024)

Pakistan’s Shehbaz Sharif took the oath on Monday to officially become prime minister for a second time, nearly four weeks after an uncertain national election caused delays in the formation of a coalition government, Reuters reported.

Sharif, 72, officially took up office at a swearing-in ceremony at the presidential office in the nation’s capital, Islamabad, a day after parliament elected him prime minister despite protests from lawmakers aligned with jailed former premier Imran Khan.

His first meeting after the ceremony was with his finance team, a statement from the prime minister’s office said late on Monday, adding that he directed them to begin talks with the International Monetary Fund (IMF) on an extended funding facility. The current agreement expires in April.

“We got a mandate to improve country’s economy and that’s our government’s top priority,” the statement said.

During his oath-swearing Sharif wore a black traditional overcoat, called a sherwani, in the ceremony, broadcast live on state TV and attended by civil, military, bureaucracy and other dignities, read the report.

The Feb. 8 election was marred by a mobile internet shutdown, arrests and violence in its build-up and the unusually delayed results triggered accusations that the vote was rigged.

Candidates backed by Khan gained the most seats but the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan People’s Party (PPP) agreed to form a coalition government. The PML-N is spearheaded by Shehbaz Sharif’s elder brother, three time premier Nawaz Sharif, but he decided not to take the prime minister’s post.

The younger Sharif returns to the role he previously held until August, when parliament was dissolved to prepare for the election.

Economists, investors and foreign capitals would now be watching closely for an announcement by Sharif on the cabinet, especially the important finance portfolio. The next finance minister will have to lead tough talks with the IMF to get a new multi-billion dollar funding agreement.

Former four-time finance minister Ishaq Dar remains the top contender, PML-N sources have told Reuters, though several other candidates were being seriously considered.

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New UK sanctions target Iranian drone industry

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(Last Updated On: April 26, 2024)

Britain on Thursday announced new sanctions targeting Iran’s military drone industry, in response to Iran’s drone and missile attack on Israel earlier this month.

The measures, taken in co-ordination with the U.S. and Canada, target four businesses and two directors at a network of drone companies with the aim of limiting Iran’s ability to launch drones.

“The Iranian regime’s dangerous attack on Israel risked thousands of civilian casualties and wider escalation in the region,” British Foreign Secretary David Cameron said in a statement.

“Today the UK and our partners have sent a clear message – we will hold those responsible for Iran’s destabilising behaviour to account.”

Britain also said it would introduce new bans on the export of drone and missile components to Iran, seeking to limit its military capabilities.

Last week, Britain imposed sanctions on Iranian military figures and organisations, in another coordinated move with the United States, following Iran’s action against Israel.

Iran launched drones and fired missiles at Israel on April 13 as a retaliatory strike for the attack on its embassy compound in Damascus two weeks prior, raising the risk of further escalation in conflict in the Middle East.

 

(Reuters)

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Turkey accuses U.S. of double standards over Gaza in rights report

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(Last Updated On: April 25, 2024)

Turkey on Wednesday accused the United States of having a policy of double standards on human rights, saying Washington’s annual rights report failed to reflect Israel’s assaults in Gaza, Reuters reported.

Turkey’s foreign ministry said in a statement it was deeply concerned that the U.S. report did not “duly reflect the ongoing inhumane attacks in Gaza”.

The report was prepared with “political motives, far from impartiality and objectivity”, it said, calling on Washington to cease its “double-standard policy on human rights”.

It also cited U.S. ties with the Syrian Kurdish YPG militia which Ankara deems a terrorist organisation.

Israeli forces have killed more than 34,000 Palestinians in Gaza, according to health authorities there, many of them civilians and children. The enclave has been reduced to a wasteland and extreme food shortages have prompted fears of famine.

Israel launched its assault in response to an attack by the Hamas militant group on Oct. 7 in which Israel says 1,200 people were killed. It denies allegations of deliberately causing humanitarian suffering and targeting civilians.

Turkey has denounced Israel for its campaign in Gaza and called for a ceasefire. It has also criticised Western countries for what it calls their unconditional support of Israel, read the report.

In its report, the U.S. State Department said Israel’s war against Hamas had a “significant negative impact” on the human rights situation in Israel.

On Monday, U.S. Secretary of State AntZony Blinken rejected suggestions that Washington might have double standards over Israel’s record.

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Iranian president lands in Pakistan for three-day visit to mend ties

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(Last Updated On: April 22, 2024)

Iranian President Ebrahim Raisi arrived in Islamabad on Monday on a three-day official visit, the foreign office said, amid tight security in the Pakistani capital, Reuters reported.

The visit, which Pakistan’s foreign office said would run until Wednesday, comes as the two Muslim neighbours seek to mend ties after unprecedented tit-for-tat military strikes this year.

“The Iranian president is accompanied by his spouse and a high-level delegation,” Pakistan’s foreign ministry said in a statement, adding that the group also included the foreign minister, other cabinet members and senior officials.

Raisi will meet Prime Minister Shehbaz Sharif and other officials, besides visiting the eastern city of Lahore and southern port city of Karachi, it added.

Major highways in Islamabad were blocked as part of the security measures for Raisi’s arrival, while the government declared a public holiday in Karachi, read the report.

Raisi’s visit is a key step towards normalising ties with Islamabad, but Iran’s supreme Leader Ayatollah Ali Khameni, not the president, has the last say on state matters, such as nuclear policy.

Tension is also high in the Middle East after Iran launched an unprecedented attack on Israel a week ago and central Iran in turn suffered what sources said was an Israeli attack on Friday.

Pakistan and Iran have had a history of rocky relations despite a number of commercial pacts, with Islamabad being historically closer to Saudi Arabia and the United States.

Their highest profile agreement is a stalled gas supply deal signed in 2010 to build a pipeline from Iran’s South Fars gas field to Pakistan’s southern provinces of Balochistan and Sindh, Reuters reported.

Despite Pakistan’s dire need of gas, Islamabad has yet to begin construction of its part of the pipeline, citing fears over U.S. sanctions – a concern Tehran has rejected.

Pakistan said it would seek waivers from the U.S., but Washington has said it does not support the project and warned of the risk of sanctions in doing business with Tehran.

Faced with the possibility of contract breach penalties running into the billions of dollars, Islamabad recently gave the go-ahead for construction of an 80-km (50-mile) stretch of the pipeline.

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