Imran Khan makes conditional offer for talks with army, calls it Pakistan’s ‘real decision-maker’

In this file photograph, taken on March 15, 2023, former Pakistan’s prime minister Imran Khan speaks during an interview at his residence in Lahore. (AFP/File)
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Updated 31 July 2024
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Imran Khan makes conditional offer for talks with army, calls it Pakistan’s ‘real decision-maker’

  • Among conditions for talks, Khan wants return of “stolen” mandate of Feb. 8 elections, release of political prisoners
  • Responding to latest offer for talks, government says Khan “dragging” state institutions into politics for political gains

ISLAMABAD: Pakistan’s jailed former prime minister Imran Khan has made a conditional offer for talks with the army and called on the military to appoint its representatives for the negotiations, his party said in a statement on Wednesday. 
Khan came to power in 2018 and was ousted in 2022 in a parliamentary no-trust vote after what is widely believed to be a falling out with Pakistan’s powerful military, which had helped propel him into office. The army denies political interference. 
Since his ouster, Khan and his Pakistan Tehreek-e-Insaf (PTI) party have led a defiant campaign against the army, even blaming senior military officials for an assassination bid on Khan in November 2022 as he was leading a protest caravan to Islamabad.
The PTI’s founder has been in jail since August last year, even though all four convictions handed down to him ahead of a parliamentary election in February have either been suspended or overturned. Khan says all legal cases against him are motivated to keep him out of politics and suppress his party’s popularity.
“We prefer negotiations with the real decision-makers, the military leadership, instead of this puppet government,” Khan said in a statement from prison shared with the media by the PTI. “We have given Mahmood Khan Achakzai the mandate for negotiations. If the military leadership appoints their representative, we will hold conditional talks.”
Achakzai, a Pashtun politician from southwestern Balochistan, is the top leader of a six-party opposition alliance which includes the PTI.
“The first demand for negotiations is to return our stolen mandate,” Khan added, referring to his party’s allegation of widespread rigging of February 8 general elections to deprive the PTI of its actual number of seats. 
“The second demand is the release of prisoners and the dismissal of false cases. The third stage is the conduct of fair and transparent elections, without which the integrity of the country is at risk.”
Khan and his party have complained of an ever-widening crackdown against the party since May 9 last year when alleged supporters of the PTI attacked and damaged government and military installations. Hundreds of PTI supporters and leaders were arrested following the riots and some continue to remain behind bars as they await trial.
The army has also initiated military court trials of at least 103 people accused of involvement in the violence. Many close Khan aides have since deserted him, due to what is widely believed to be pressure from the army, which denies interfering in politics.
Khan and the PTI say the May riots have been used as a ruse by political rivals and the military to crack down on the party, which is arguably the most popular in Pakistan. Khan has also been indicted under Pakistan’s anti-terrorism law in connection with the violence. A section of Pakistan’s 1997 anti-terrorism act prescribes the death penalty as maximum punishment. Khan has denied the charges, saying he was in detention when the violence took place.
Responding to Khan’s latest offer for talks, Federal Minister for Information and Broadcasting Attaullah Tarar accused the PTI founder of “dragging” state institutions into the country’s politics.
“He does not want state institutions to remain neutral,” Tarar said, “and wants to involve them in politics for his own political benefit.”


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

Updated 05 March 2026
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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.