MANAMA: The Arab League on Thursday called for a United Nations peacekeeping force in the Palestinian territories at a summit dominated by the ongoing Israel-Hamas war in Gaza.
The “Manama Declaration” issued by the 22-member bloc called for “international protection and peacekeeping forces of the United Nations in the occupied Palestinian territories” until a two-state solution is implemented.
The declaration also called for “all Palestinian factions to join under the umbrella of the Palestine Liberation Organization,” which is dominated by the ruling Fatah movement, and added that it considered the PLO “the sole legitimate representative of the Palestinian people.”
It also called for an “immediate” ceasefire in Gaza and an end to forced displacement in the Palestinian territory.
“We demand an immediate and permanent ceasefire in Gaza, a halt to all attempts at forced displacement, an end to all forms of siege and allowing full and sustainable access to aid,” the final communique said.
It further “strongly condemned the attacks on commercial ships,” saying they “threaten freedom of navigation, international trade, and the interests of countries and peoples of the world,” and reiterated the Arab League’s commitment to “ensuring freedom of navigation in the Red Sea” and surrounding areas.
The King of Bahrain, Hamad bin Isa Al-Khalifa, opened the summit by calling for an international conference for peace in the Middle East.
The king, as the summit’s host, also reaffirmed his country’s support for the full recognition of a Palestinian state and the acceptance of its membership in the United Nations.
He stressed that the establishment of a Palestinian state will reflect positively on the region.
Last week, the UN General Assembly overwhelmingly backed a Palestinian bid to become a full UN member and called on the UN Security Council to reconsider the request.
The vote by the 193-member General Assembly was a global survey of support for the Palestinian bid to become a full UN member — a move that would effectively recognize a Palestinian state — after the US vetoed it in the UN Security Council last month.
“What the Palestinians are facing requires a unified international stance,” the King of Bahrain said.
During his opening remarks at the summit, Saudi Arabia’s Crown Prince Mohammed bin Salman called for the establishment of an internationally recognized Palestinian state.
The prince was among the Arab delegates who arrived in Manama on Thursday for the Arab League Summit.
During his speech, the prince highlighted the Kingdom’s efforts in alleviating the humanitarian crisis in Gaza, reiterating Saudi Arabia’s support for issues of the Arab world.
He urged the international community to back ceasefire efforts and halt the aggression on Palestinian civilians.
It is the first time the Arab leaders come together after Riyadh hosted an extraordinary summit in November where the bloc condemned Israel’s “barbaric” actions in Gaza.
The one-day summit was set to discuss events in Gaza, propose a ceasefire and push for a Palestinian state.
“The Kingdom calls for conflict resolution through peaceful means,” the prince said.
Palestinian leader slams Hamas
The Palestinian president Mahmoud Abbas criticized Hamas for giving Israel the ‘pretext to attack’ Gaza with the Oct. 7 attack.
“Hamas’ rejection of ending the division serves Israel’s interest in ending the two-state solution,” he noted, pointing to the long-standing tensions between the Palestinian Authority and the militant group governing Gaza.
He said the Palestinian government has not received the financial support it had expected from international and regional partners, noting that Israel is still withholding the funds and creating a dire situation.
The Palestinian leader called on Arab countries for financial support and the US to pressure Israel into releasing the funds.
“It has now become critical to activate the Arab safety net, to boost the resilience of our people and to enable the government to carry out its duties,” Abbas added.
He also urged the international community to start immediately with the implementation of the two-state solution and reiterated ‘full rejection’ of the displacement of Palestinians, who just marked the 76th anniversary of the 1948 Nakba.
Qatar’s Emir Tamim bin Hamad Al Thani, UAE’s Vice President and Prime Minister Mohammed bin Rashid, Kuwait’s Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, and Syria’s President Bashar Al Assad were among the attendees on Thursday.

KARACHI: The International Monetary Fund (IMF) said on Thursday said it would wait for findings of its mission, currently holding talks in Islamabad, for further engagement with Pakistan, which seeks a fresh bailout from the global lender.
The South Asian country, which has been facing low foreign exchange reserves, currency devaluation and high inflation, last month completed a short-term $3 billion IMF program that helped stave off a sovereign default, but the government of Prime Minister Shehbaz Sharif has stressed the need for a fresh, longer-term program.
While Islamabad has said it expects a staff-level agreement by July, both Pakistani and IMF officials have refrained from commenting on the size of the program. The South Asian country is expected to seek around $7-8 billion bailout from the global lender.
An IMF team, led by Mission Chief Nathan Porter, this week met Pakistan Finance Minister Muhammad Aurangzeb, central bank governor, chairman of the Federal Board of Revenue and other officials in Islamabad to kickstart discussions on the country’s further engagement with the lender.
“Right now, a mission team led by Nathan Porter, our Mission Chief, is meeting with the authorities this week to discuss the next phase of our engagement with Pakistan,” IMF spokesperson Julie Kozack said at a press briefing on Thursday, when asked about the status of talks with Pakistan.
“Given that there is a mission on the ground, we will wait for them to complete their work and we will communicate the findings of the mission in due course.”
Pakistan narrowly averted a default last summer and its $350 billion economy has slightly stabilized after the completion of the last IMF program, with inflation coming down to around 17 percent in April from a record high of 38 percent in May last year.
However, the South Asian country is still dealing with a high fiscal shortfall and while it has controlled its external account deficit through import control mechanisms, it has come at the expense of stagnating growth, which is expected to be around 2 percent this year, compared to negative growth last year.
Wall Street Bank Citi expects Pakistan to reach an agreement with the IMF of up to $8 billion program by end-July, and recommends going long on the country’s 2027 international bond.
“While longer-term challenges pertain, we see several positive catalysts supporting the Eurobonds,” Nikola Apostolov at Citi wrote in a note to clients.
“First, a larger and longer IMF EFF (Extended Fund Facility) program could be finalized by July – possibly a $7-8 billion 4-year program and secondly and a possible inflow of Saudi investments,” Apostolov said after a team from Citi visited Pakistan and met policymakers, including Finance Minister Muhammad Aurangzeb.
Citi said it expected Pakistan’s international 2027 bond to offer a sweet spot to investors with sufficient liquidity and large upside as risks of default dissipate further.