Skip to main content

Saudi-Pakistan Relation in 2020

 Saudi-Pakistan Relation in 2020

Flag — Stock PhotoSaudi Arabia flag flag — Stock Vector

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

Popular posts from this blog

Public Policy on Social Media

 Public Policy on Social Media Greetings,  The contemporary government is being questioned, for its allegedly escaping the scrutiny of social media giant. Based on an article in Wall Street Journal which claimed that Facebook didn't targeted hateful/ hate spreading posts by BJP.  In 2009, critics noticed Holocaust deniers on platform. In 2015 same was discussed with CEO Mark Zuckerberg, Germany passed a law in 2017 regarding Hate Speech. Facebook has been accused of tolerating posts from POTUS Donald Trump.  It has come in notice that Facebook has asked legal office in India to conduct human rights audit of its platform. Facebook doesn't want to be making rules and regulations regarding content on its platform. Facebook deploys third party companies for monitoring content.  India's Section 66A of the Information Technology Act, protects platforms from having liability for content uploaded on them.  but Trump as well as current government in India, are worki...

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...

What If You Don’t Pass The U.P.S.C. Civil Service Exams?

What If You Don’t Pass The UPSC Civil Service Exams, It Isn’t The End of Your Life and your Dreams  There are lakhs of candidates who pursue the dream of cracking U.P.S.C. and according to the reports till now barely 0.2% could clear it. As it’s a daunting task. But one cannot fail in life if they could not clear the U.P.S.C. The examination, which is conducted in three stages (Preliminary, Main and Interview) and across the span of nine months, is brutally difficult. Getting into the civil services not only offers long-term job security and an opportunity to administer this country, but it’s also a point of great prestige for many families. While getting into the Union civil services, particularly the Indian Administrative Service (I.A.S.), Indian Foreign Service (I.F.S.) or Indian Police (I.P.S.), is a fantastic career option, the general public’s obsession with it is unhealthy. Like our board exams, there is a lot of undue stress and pressure that comes with the aspiration of cl...