US to announce withdrawal of 4,000 troops from Afghanistan 

In this photograph taken on August 28, 2017 US Marines keep watch as unseen Afghan National Army soldiers participate in an IED (improvised explosive device) training exercise at the Shorab Military Camp in Lashkar Gah in the Afghan province of Helmand. (AFP)
Short Url
Updated 16 December 2019
Follow

US to announce withdrawal of 4,000 troops from Afghanistan 

  • Afghan troops ready to take combat responsibilities, says, former Afghan general
  • US resumed peace talks with Taliban a week back paving way for a troop pullout

KABUL: The Trump administration plans to withdraw around 4,000 troops from Afghanistan as early next week, the US media reported on Saturday.

The United States currently has approximately 13,000 troops stationed in Afghanistan while the drawdown will leave around 8,000 to 9,000 US troops behind, the NBC quoted three current and former US officials as saying.

The US media quoted two of the officials terming it as “phased withdrawal” spanning over few months where some of the troops would be re-deployed early while others will not be replaced when they rotate out.

However, the spokesperson for the US Forces-Afghanistan (USFOR) said that no orders of a troop reduction in Afghanistan had been received. 

“US Forces-Afghanistan has not received orders to reduce troop levels in Afghanistan. We remain fully committed to the Resolute Support mission and our Afghan partners and focused on our key objective: ensuring Afghanistan is never again used as a safe haven for terrorists who threaten the United States, our allies or our interests,” the statement read. 

The United States resumed peace talks with the Taliban a week back but paused the parleys on Thursday after a militant attack on a US-run airbase north of Kabul left two dead and dozens injured.

 According to a draft agreement reached in September, the Taliban would be required to give certain security assurances, agree to hold dialogue with the Afghan government, and commit to reducing violence in exchange for the US troop withdrawal.

Security analyst and a retired Afghan army general, Attiqullah Amarkhail said, “We all agree that foreign troops are bound to leave at some stage.”

“We have been expecting the US decision of troops reduction for months,” he told Arab News.

He said the size of US troop presence in Afghanistan would not matter much as “most of the combat responsibilities have already been shifted to the national forces for months now.” 

Talking about the capacity of the Afghan security force, Amarkhail said: “The troops’ capabilities have gone up despite the challenges.”

“Our troops know the terrain, geography, and people more than others, but we need resources and support from the coalition in terms of equipping our air force, better equipment, and ammunition,” he added.

The US peace envoy, Zalmay Khalilzad, is reportedly back in Doha according to a US state department official quoted by AFP. However, it yet remains unclear as to when the stalled talks with the Taliban will resume.

Trump had promised since his campaign trail in 2016 to end US wars including the engagement in Afghanistan and reduce the number of US troops deployed overseas.

The US president had made it clear to his advisers early this year that he wanted a complete troop pullout from Afghanistan by November 2020 election, NBC reported.
 


Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

Updated 05 March 2026
Follow

Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

  • Pakistan has sought Saudi help to secure oil supplies via Red Sea port after Iran’s closure of Strait if Hormuz
  • Analyst says higher crude oil prices, expectations of IMF releasing next loan tranche also triggered bullish activity

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies through the Red Sea port eased oil supply fears, a financial analyst said. 

Pakistani stocks have recorded a sharp decline this week, with the benchmark KSE-100 index recording its largest-ever single-day decline on Monday when it plunged 16,089 points. Escalating conflict in the Middle East triggered panic selling at the Pakistani bourse, forcing a temporary trading halt on Monday. 

The KSE-100 index, however, gained 3.49 percent or 5,433.46 points to close at 161,210.67 when trading ended on Thursday, up from the previous close of 155,777.21 points, according to Pakistan Stock Exchange’s (PSX) data.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Said Al-Malki on Wednesday to discuss Iran’s closure of the key Strait of Hormuz, which has threatened Pakistan’s energy supply. Roughly 20 percent of the global oil and gas supply passes through the route. Saudi Arabia indicated it could facilitate shipments through the Red Sea port of Yanbu, offering an alternative route if Gulf shipping lanes remain disrupted, the petroleum ministry said on Wednesday. 

“Stocks staged a sharp recovery at PSX amid institutional activity on easing fuel supply fears after KSA [Kingdom of Saudi Arabia] commits oil supplies through the Red Sea port,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

He said higher global crude oil prices and expectations of the International Monetary Fund releasing its next tranche of the $7 billion loan for Pakistan also helped bullish activity at the PSX.

An IMF mission was in Pakistan to hold talks on the third review of a $7 billion Extended Fund Facility multi-year program, and for the second review of the $1.4 billion Resilience and Sustainability Facility this week.

However, the delegation left for Türkiye amid tensions in the Gulf. Pakistani officials have said talks are likely to continue virtually in the coming days. 

Pakistani brokerage Topline Securities said in its daily market review report that strong institutional buying “turned the tide” on Thursday after the market’s recent overreaction to regional issues.

The report added that Hub Power Company (HUBC), Oil & Gas Development Company (OGDC), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Meezan Bank Limited (MEBL) collectively contributed 2,197 points to the KSE benchmark’s gain.

Topline Securities said 723 million shares were traded on Thursday, with K-Electric Limited (KEL) stealing the spotlight as more than 1.17 billion shares changed hands.

Pakistani investors are closely monitoring developments in the Gulf, particularly around energy routes and further retaliatory actions, as the conflict’s trajectory remains uncertain.