Strained ties with Saudi, UAE-Israel peace deal put Pakistan in tough spot

Topics UAE | israel | Pakistan

Pakistan Prime Minister Imran Khan had rejected any possibility of the country establishing relations with Israel, according to a report in The Express Tribune.

Even as Pakistan was reeling under the impact of strained ties with Saudi Arabia, the UAE-Israel peace deal has thrown up more foreign policy challenges.

Recently in an interview, Pakistan Prime Minister Imran Khan had rejected any possibility of the country establishing relations with Israel, according to a report in The Express Tribune.

"Our stance is very clear from day one and Quaid-i-Azam Muhammad Ali Jinnah had said Pakistan can never accept state of Israel until the people of Palestine get rights and state," he said in an interview with a new channel, as per the report.

Israel and Pakistan do not have diplomatic relations.

As Prime Minister Imran Khan completes two years in power, Pakistan's Foreign Minister, Shah Mehmood Qureshi's recent adverse remarks about its traditional ally Saudi Arabia along with the UAE-Israel deal, which could have wider ramifications for Pakistan, have put the country in a tough spot.

On the first anniversary of the revocation of Article 370 by India, Qureshi criticised Saudi Arabia in a TV interview for not obliging Pakistan over the issue of 'organising' a meeting of the Council of Organization of Islamic Cooperation (OIC) Foreign Ministers (CFM) on Kashmir in early February 2020.

Qureshi's outburst led to Riyadh's anger, which forced Pakistan to pay back USD 1bn prematurely and is demanding another USD 1bn of the loan.

General Qamar Jawed Bajwa, Pakistani Army Chief rushed to Saudi Arabia to contain the fallout from Qureshi's remarks. However, as per Pakistani media reports, he failed to secure a meeting with Saudi Crown Prince Mohammed Bin Salman.

Qureshi is currently on a visit to China. The visit assumes significance in the wake of recent downturn in ties with Saudi Arabia.

Even though the Pakistani Prime Minister has sought to improve ties with Turkey, whose President's grand-ambitions to emerge as leader of Muslim world is well known, risking ties with Saudi Arabia could prove to be costly for Islamabad.

As per media reports, Qureshi's comments have not gone down well with the all powerful military. And the military, which is known to formulate Pakistan's Foreign policy, has shown desperation to improve ties with Saudi Arabia.

The signing of UAE-Israel peace deal has further complicated the situation for Pakistan. Pakistan has traditionally relied on Saudi Arabia and UAE for economic bailout.

While Iran has criticised the deal, Pakistan ambiguously said it is a development with far reaching implications.

Riyadh has helped Islamabad many times including helping in paying for Pakistan's first batch of F-16 fighter aircraft in the 1980s and providing USD 6 billion loans that helped Pakistan tide over its balance of payments crisis just two years ago.

Saudi Arabia had come to Pakistan's rescue in 2018 when it had agreed to provide $3.2 billion worth of oil on deferred payments per annum as part of its $ 6.2 billion package to help Pakistan tide over its balance of payment crisis.

The balance $3 billion was delivered as a cash-loan. Saudis had activated the deferred payment facility for three years from 1 July 2019, and the agreement signed in May had come up for renewal this year.

However, the Saudis, visibly upset at Pakistan's behaviour, have possibly discontinued the arrangement.

Among other things, Pakistan's tilt towards Turkey, Malaysia, and Iran, as also its growing economic and strategic dependence on China might have annoyed the Saudis.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel