Saudi-Pakistan Relation in 2020

Greetings to all,

Pakistan's Army Chief, is declined to meet with the MBS aka Mohammed Bin Salman, Prince of Saudi Arabia.

Saudi Arabia is insisting Pakistan for early repayment of its $3 Billion in Loan. Though Pakistan paid $1 billion with China's help, rest $2 Billion is still unpaid.

Saudi has already pledged $6 Billion(in 20180 and(in 2019) pledged $20Billion for Pakistan out of which $10 Billion is for Gwadar port.

Saudi declined Pakistan's request for calling special meeting of Council of Foreign Ministers of the Organisation of Islamic Cooperation.(OIC)

OIC has members such as Malaysia, Indonesia, Iraq, Iran, U.A.E, Bangladesh, Turkey, Afghanistan...

Though Saudi Arabia and U.A.E support Pakistan on Kashmir Issue, it is hesitant to say anything directly or explicitly to India.

India's fourth largest trading partner is Saudi Arabia, with bilateral trade amounting to $28 Billion, which is a significant no. in itself.

And recently UAE's ADNOC (Abu Dhabi National Oil Company) and Saudi Aramco are in talks to develop a large refinery in Maharashtra.

Saudi, UAE and India have Defense, Security and Counter-Terrorism Co-operation.

Thank You for giving your valuable time.

We will appreciate your suggestions.

Comments

What is making Rupee Gain value, in recent days??

What is making Rupee Gain value, in recent days?? Greetings Indian Rupee rose to a new high of 73.40, owing to powerful FPIs Foreign Portfolio Investors. FDI and FPI, there are two types of Investment route in India. FPIs are using foreign rate differential to bring dollars. Incoming Dollar in India's stock market and steady growth in other Asian currencies, helped rupee to be stronger. According to experts, in upcoming months FPIs can see a surge. RBI's Role When RBI buys dollars, it releases equivalent amount in Rupees, which could put pressure on inflation and yields. It would be interesting to see RBI's next move in upcoming months. Change in Federal Reserve's Policy:- US has also distributed stimulus to its citizens, which brought hopes in investors, leading stock market to a new high. New Policies will help keep interest rates lower, stimulate growth to tackle unemployment. This will help emerging markets like India to attract more capital flow. Thank...

NEW UPSC CHAIRMAN APPOINTED 2020

NEW UPSC CHAIRMAN PRADEEP KUMAR TO HAVE TENURE TILL APRIL 4, 2020 The officials said Joshi will have tenure till April 4, 2022 as the chairman of the UPSC “One of the most intriguing and toughest exams considered around the country is the UPSC exam”. The exam which has been scheduled to be conducted on 4th October this year had a major change in its committee. Educationist Professor Pradeep Kumar Joshi, on 7th of August was appointed as the chairman of the Union Public Service Commission (UPSC), that conducts the civil services examination to select India’s bureaucrats and diplomats. Padeep Kumar file photo He will succeed Arvind Saxena who completes his term as UPSC chairman on Friday. Joshi, who was the chairman of both Chhattisgarh and Madhya Pradesh Public Service Commissions, joined the UPSC as a member in May 2015. His tenure as the chairman of the UPSC will be till May 12, 2021. With his appointment as the chairman, there is a vacancy of a member in the UPSC . At present, B...

Update : One Can't be Penalized for Not Wearing Mask in Car.

Update : One Can't be Penalized for Not Wearing Mask in Car. Greetings, Not wearing mask while driving attracts a penalty of Rs.500. Medical experts also point that masks should be mandatory in public spheres. But the base of this rule comes from supreme court's rule in 2019. In many states Mask is mandated under the guidelines of National Disaster Management Act. Violation of such guidelines can lead to imprisonment up to 6 months or fine up to Rs.1000. Delhi Government's Delhi Epidemic diseases under the Epidemic Diseases Act, 1897 requires masks in all public spheres. But how can a car be considered a public space? For this one has to know, Satvinder Singh Saluja versus state of Bihar. "It is true that the public may not have access to private vehicle as a matter of right but definitely public have the opportunity to approach the private vehicle it is on the public road" Supreme Court. In which a two judge bench, ruled out that a private car on a public road...

The Fact Bee

Search This Blog