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Pakistan is warned by the US of “possible sanctions” for trading with Iran.

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A “risk of possible sanctions” against Pakistan if Islamabad conducted business with Iran was alluded to by the US on Monday.

In response to an inquiry regarding Iran’s visit, US State Department spokesperson Matthew Miller United States is one of Pakistan’s main export markets, according to President Ebrahim Raisi. Citing the possibility of sanctions, he did, however, advise “caution to those considering trade deals with Iran.”

“We advise anyone considering business deals with Iran to be aware of the potential risk of sanctions.”

Reminding Pakistan of the importance of the US as the largest overseas market and one of the largest investors in the nation, the spokeswoman did not mention Pakistan by name.

Also, for the previous 20 years, we have been a major investor in Pakistan. We are interested in Pakistan’s economic prosperity together, and we hope to keep working together,” he continued.

President Raisi made hints about the prospect that sanctions imposed because of Iran could endanger US-Pakistan relations, referring to his three-day visit to Pakistan and the bilateral agreements signed by both.

Remember how the US threatened to impose sanctions on Islamabad last month for receiving gas from Iran, announcing that “we do not support this pipeline going forward”?

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Repatriation of Undocumented Afghans: A Continuous Reunification of 739,668 Afghans

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739,668 people have been repatriated from Pakistan as of October 7, 2024, after they were forced to flee their country. Restitution is still being carried out.

26,622 Afghans, comprising 9,847 men, 7,596 women, and 9,179 children, were returned between September 9 and October 7, 2024.

In addition, as part of the continuous effort to curb illegal immigration, 741 families have been deported in 658 cars.

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PM Condemns Cowardly Attack on Chinese Convoy While Visiting Chinese Embassy in Islamabad

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The disgusting plot to harm ties between Pakistan and China would not be accepted at all, according to Prime Minister Shehbaz Sharif.

Prime Minister Shehbaz Sharif promised to personally supervise the inquiry into the terror assault near the Karachi Airport that claimed the lives of two Chinese nationals during his visit to the Chinese Embassy in Islamabad.

The Prime Minister conveyed his profound sadness and anguish over the passing of Chinese nationals to Jiang Zaidong, the Chinese Ambassador to Pakistan, during their meeting.

According to the prime minister, the government’s top concern is safeguarding the lives and belongings of Chinese brethren living in Pakistan.

Shehbaz Sharif reaffirmed his commitment to quickly identify and hold accountable anyone responsible for the event.

On this occasion, the Chinese Ambassador expressed gratitude to the Prime Minister for rapid response of the Government of Pakistan following terrorist incident in karahi and beginning of probe into it.

Additionally, he conveyed his trust in the Pakistani government to conduct a thorough investigation, quickly identify the terrorists, and expeditiously bring them to justice.

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SIFC Backs China-Pakistan Shale Gas Initiative: $30 million is invested in shale gas development by OGDCL.

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The Pakistani government is receiving assistance from the Special Investment Facilitation Council in the exploration of new petroleum deposits, including shale gas.

To increase Pakistan’s potential for shale and tight gas, the Oil and Gas Development Company Limited (OGDCL) of Pakistan and the China Central Depository and Clearing Company (CCDC) have inked a Memorandum of Understanding (MoU).
As part of the agreement, CCDC will help OGDCL with exploration and production by offering drilling and upstream oil field services. Through this agreement, energy self-sufficiency will be attained by utilizing Pakistan’s energy resources.

It is anticipated that the MoU will make the nation rely more on natural resources and less on imports.

OGDCL has committed 30 million dollars to develop shale gas reserves to suit the country’s energy needs. The goal of this partnership with China is to meet rising demand for energy by making use of regional resources.

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