By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Amid persistent economic challenges, Pakistan’s growing dependence on Saudi, other Gulf nations – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > World > Amid persistent economic challenges, Pakistan’s growing dependence on Saudi, other Gulf nations – World News Network
World

Amid persistent economic challenges, Pakistan’s growing dependence on Saudi, other Gulf nations – World News Network

worldnewsnetwork
Last updated: April 16, 2024 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

Islamabad [Pakistan], April 16 (ANI): Quite similar to balancing on a sea-saw, Pakistan is also dangling between maintaining its relationship with both Saudi Arabia, and Iran amid regional security concerns and persistent economic challenges.
This ‘balancing act’ of Pakistan was evident recently when Pakistan outlawed the Iranian-backed Zainebiyoun Brigade concurrently while obtaining a USD 2 billion deposit from Saudi Arabia, bringing the country’s total Saudi deposits in the State Bank to USD 5 billion, Muhammad Amir Rana writes in Dawn.
President Asif Ali Zardari informed his Iranian colleague that Pakistan remains committed to working together on matters of shared interest, such as security, notwithstanding this action.
The Middle East is already in chaos, tensions are soaring in the region, and the Israel-Hamas conflict, which is ongoing currently, seems to further escalate, with no ceasefire in sight.
The Zainebiyoun Brigade reportedly supplies the Islamic Revolutionary Guard Corps (IRGC) with weapons throughout the Middle East. Alleged Zainebiyoun members of Pakistani descent were reportedly captured in international seas last month transporting weapons intended for transfer to the IRGC in the Middle East. In a different instance, Pakistan’s decision to outlaw the group was made possible by the passing in Syria of a commander of Pakistani descent, Rana writes.]
Law enforcement agencies in Pakistan are thought to possess ample evidence of the Zainebiyoun Brigade’s complicity in sectarian violence within the nation and its recruitment of fighters for the wars in Syria and Iraq.
However, the government refrained from taking action earlier due to circumstances surrounding the purported presence of Baloch insurgents on Iranian territory, Rana adds.
Furthermore, the Iran-Pakistan gas pipeline remains a major reason for Pakistan’s tolerance of some key security issues with Iran.
The pipeline was an old idea, but implementation began much later, when Asif Ali Zardari was nearing the completion of his first term as president. Iran has built its part, but Pakistan is hesitant to proceed at its end, due to pressure from Saudi Arabia and the risk of debilitating US sanctions.
Moreover, the combination of Pakaistan President Asif Ali Zardari, and Prime Minister Shehbaz Sharif is working together and can keep Saudi Arabia and Iran in balance, Rana writes in his article for Dawn.
However, the writer says that Tehran could possibly remain a challenge for Islamabad.
“Iran will remain a tough diplomatic, political, and security challenge for Pakistan. It remains to be seen how President Zardari copes with the challenge, especially if the conflict in the Middle East escalates and leaves few choices for Pakistan’s closest allies in the Gulf. Meanwhile, an IMF bailout for Pakistan is also seen to be linked to how the latter country conducts its relations with Iran,” Rana writes.
A worrying situation might arise if Iran is forced to fully employ its purported proxies throughout the region, including Pakistan, as a result of the escalating Middle East conflict.
The test of time lies ahead for the nation. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Taiwan detects 22 PLA sorties, 10 PLAN vessels around its territory – World News Network

India “one of the top relationships that US has in the world today”: US Secy of State Marco Rubio – World News Network

Hoax report of shooter prompts shooting at US Naval Academy, institution put on lockdown; 1 person injured – World News Network

Death toll from Gen Z protests rises to 34 in Nepal; high-level crisis meeting scheduled at President’s House – World News Network

“Non-Controversial, well respected figure in Nepalese society”: Ex-Diplomat after Gen Z protestors back Sushila Karki as Interim PM – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Ram Charan receives honorary doctorate from Vels University, father Chiranjeevi, wife Upasana congratulate him – World News Network
Next Article RBI seeks comments on draft rules to regulate payment aggregators – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

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

Stay Connected

- Advertisement -

Latest News

Arms, ammunition seized; 3 arrested as security forces intensify operations in Manipur – World News Network
National September 12, 2025
Indian Coast Guard delegation participates in 4th Coast Guard Global Summit – World News Network
National September 12, 2025
Vice President CP Radhakrishnan pays tribute to Mahatma Gandhi at Rajghat – World News Network
National September 12, 2025
J-K: Several houses develop cracks in Ramban due to land subsidence – World News Network
National September 12, 2025

Sports

“Very important to win first game”: Bangladesh skipper Litton Das after victory against Hong Kong – World News Network
Sports
Delhi Ministers felicitate UTT 2nd National Ranking Championship 2025 winners – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Ben Affleck, Matt Damon reunite for crime thriller ‘The Rip’; Teaser out – World News Network
Entertainment
Ben Affleck, Matt Damon reunite for crime thriller ‘The Rip’; Teaser out – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?