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Saudi holds back oil to Pak after Qureshi’s threat to split OIC

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Shah Mehmood Qureshi

Islamabad/New Delhi, Aug 8 (IANS) Saudi Arabia has halted the provision of oil on loan for Pakistan after the Imran Khan government threatened to split the Organization of Islamic Countries (OIC) over Kashmir.

Hit by a severe economic crisis, Pakistan had borrowed a $6.2 billion loan from Saudi Arabia in 2018.

The loan package included a provision under which Saudi Arabia granted Pakistan $3.2 billion worth of oil, a year on deferred payments.

Pakistani media on Saturday said that the provision meant for Islamabad expired two months ago and has not been renewed by Riyadh.

Instead, Islamabad has prematurely returned $1 billion Saudi loan, four months ahead of repayment period, The Express Tribune said quoting sources and Sajid Qazi, the spokesperson of the Petroleum Division.

Recently Pakistan’s Foreign Minister Shah Mehmood Qureshi during a talk show on a news channel had threatened that if the OIC headed by Saudi Arabia did not convene a foreign ministers’ meeting on Kashmir, Prime Minister Imran Khan would hold it on his own with his allies among the Islamic countries.

“If you cannot convene it, then I’ll be compelled to ask Prime Minister Imran Khan to call a meeting of the Islamic countries that are ready to stand with us on the issue of Kashmir…,” he had threatened on Ary news channel.

The OIC, the biggest bloc of Islamic countries in the world, has repeatedly declined Islamabad’s several requests to hold a meeting on Indian Kashmir — a region which Pakistan Army attempted to invade four times in the last seven decades and where it has been waging a proxy war against India for last three decades.

Since August 2019 when India revoked special status of the Jammu and Kashmir state and brought it directly under the control of the Central government by bifurcating it into two Union Territories, the Imran Khan government has been seeking support of the 57-member OIC over the issue in Pakistan’s favour.

One of the major reasons for OIC’s lack of support for Pakistan has been Riyadh’s displeasure with Islamabad’s proximity with Turkey’s President Recep Tayyip Erdogan who nurtures the ambition of replacing Saudi Arabia as leader of all the Sunni Islamic countries.

–IANS

India

India Offers $100 Million Line of Credit To Sri Lanka For Solar Projects

India’s High Commissioner to Sri Lanka Gopal Baglay called on Minister of Power Dullas Alahapperuma and reiterated India’s commitment towards a strong and multi-faceted bilateral partnership including in the power sector, the Indian mission said in a statement.

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solar plant at Jamia

Colombo: India has offered a Line of Credit worth $ 100 million to Sri Lanka for three solar projects in the country, according to an official statement.

India’s High Commissioner to Sri Lanka Gopal Baglay called on Minister of Power Dullas Alahapperuma and reiterated India’s commitment towards a strong and multi-faceted bilateral partnership including in the power sector, the Indian mission said in a statement.

They discussed various issues of mutual interest including ways to expedite progress on bilateral power projects currently under discussion between the two sides.

The Indian envoy also handed over a copy of a letter conveying an offer from India to Sri Lanka for a Line of Credit (LoC) worth $100 million for three solar projects announced during the International Solar Alliance Founding Conference held in March, 2018 in New Delhi, the statement said.

The LoC will cover financing for rooftop solar systems meant for 20,000 households and 1,000 government buildings all across the island. The combined generation capacity of these rooftop systems will be about 60 MW, it said.

The LoC will also provide financing for a floating solar power plant. The implementation of the LoC will begin with the conclusion of an LoC agreement between the two sides, it said.

The Indian High Commissioner conveyed that the $100 million LoC is in line with the national priorities of India and Sri Lanka to enhance the share of solar and renewable energy in overall energy generation, the statement added.

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Politics

A vote to confirm Barrett “is a vote to strike down the Affordable Care Act”: Senate Minority Leader Chuck Schumer

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Chuck Schumer
Senate Minority Leader Chuck Schumer

Senate Minority Leader Chuck Schumer said President Trump’s decision to nominate Amy Coney Barrett to the Supreme Court has put “Americans’ healthcare in the crosshairs.”

“The American people should make no mistake — a vote by any Senator for Judge Amy Coney Barrett is a vote to strike down the Affordable Care Act and eliminate protections for millions of Americans with pre-existing conditions,” Schumer wrote in a statement.

“As the COVID-19 pandemic continues to rage, unabated by this Administration, healthcare was already the number one issue on the ballot in November. President Trump has promised to nominate Supreme Court Justices who will “terminate” our health care law and decimate the health care system for American Indians and Alaska Natives. In Judge Barrett, President Trump has found the deciding vote.”

The Supreme Court is set to hear oral arguments just after the November election in a case about the Affordable Care Act. Senate Republicans have indicated they may vote to confirm Barrett before Election Day — meaning she could be seated on the bench for that case.

In an early 2017 law review essay, reviewing a book related to the Supreme Court ruling on the Affordable Care Act, Barrett criticized Chief Justice John Roberts’ rationale that saved the law in 2012.

“Chief Justice Roberts pushed the Affordable Care Act beyond its plausible meaning to save the statute,” Barrett wrote. “He construed the penalty imposed on those without health insurance as a tax, which permitted him to sustain the statute as a valid exercise of the taxing power.”

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Biden urges US Senate not to confirm Supreme Court nominee before election

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Vice President Joe Biden

Joe Biden released a statement reacting to Amy Coney Barrett’s nomination and focused on health care and protecting the Affordable Care Act.

“Today, President Trump has nominated Judge Amy Coney Barrett as the successor to Justice Ginsburg’s seat. She has a written track record of disagreeing with the U.S. Supreme Court’s decision upholding the Affordable Care Act. She critiqued Chief Justice John Roberts’ majority opinion upholding the law in 2012,” Biden said.

He added that the Senate should not act on the vacancy until after the American people select their next president.

Senate Republicans have outlined a possible confirmation hearing for Barrett that could have her confirmed before Election Day.

The Supreme Court is scheduled to hear oral arguments just after the election in a case about the Affordable Care Act. The case is brought by a coalition of Republican state attorneys general and the Trump administration, who argue the law’s individual mandate is unconstitutional, and the entire law must fall.

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