Pakistan draws world attention to Israeli expansion in West Bank, calls it ‘impediment to peace’

Displaced palestinians stand on a road after heavy rain in Jabalia city, northern Gaza Strip, on November 25, 2025. (AFP)
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Updated 29 November 2025
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Pakistan draws world attention to Israeli expansion in West Bank, calls it ‘impediment to peace’

  • The statement comes months after Israeli ministers said 22 new Jewish settlements had been approved in the occupied West Bank
  • PM Sharif says Gaza peace plan is a ‘real opportunity,’ calling for sustained ceasefire and humanitarian access in the territory

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Saturday drew the world attention to Israeli expansion in the West Bank, describing it as an “impediment to peace” in Palestine.

Sharif’s statement came on the International Day of Solidarity with the Palestinian People, a UN-organized observance, and months after Israeli ministers said 22 new Jewish settlements had been approved in the occupied West Bank in the biggest expansion in decades.

Israeli settlements, which are widely seen as illegal under the international law, are one of the most contentious issues between Israel and the Palestinians. Israel has built about 160 settlements housing some 700,000 Jews since it occupied the West Bank and East Jerusalem in the 1967 Middle East war.

Sharif said the world witnessed the killing of more than 70,000 people in Israel’s relentless violence in Gaza, with homes, hospitals, schools and civic infrastructure reduced to rubble, yet the Palestinian people have demonstrated exemplary resilience and remained steadfast to their cause.

“While the world condemns the relentless aggression in Gaza, we must not allow our attention to drift away from the grave situation in the West Bank,” he said. “The continued expansion of illegal settlements remains a blatant violation of international law and a major impediment to peace.”

He said a real opportunity has emerged in the form of the High-Level Conference on the Two State Solution and President Donald Trump’s Gaza peace plan, calling for a sustained ceasefire and ensure unhindered humanitarian access in the territory.

“United Nations Relief and Works Agency for Palestine Refugees (UNRWA) must be fully enabled to resume its vital operations, without impediment or politicization,” the Pakistan premier said.

“Most importantly, there must be a complete withdrawal of Israeli forces from the occupied Palestinian lands including Gaza as the people of Palestine deserve permanent peace and prosperity.”

Sharif said that Pakistan, which does not recognize Israel, remains firmly committed to a just, lasting, and comprehensive resolution to the Palestinian question, based on the relevant and valid UN Security Council and General Assembly resolutions.

“Pakistan reiterates its full support for the Palestinian people’s legitimate rights, including the vital right to self-determination and the establishment of an independent, viable, and contiguous State of Palestine, based on pre-1967 borders, with Al-Quds Al-Sharif as its capital.

“We stand by Palestinians in their just struggle, in their due resilience, and in their rightful aspiration for freedom, dignity, and peace.”


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.