Why oil, don't give loan to Pakistan, Saudi is very angry with Imran Khan.

 

Pakistan has recently sharply criticized the role of the Organization of Islamic Cooperation (OIC) in the Kashmir issue.

 

Pakistan is also cornered by Muslim countries Saudi Arabia is very angry with Imran Khan's government Pakistan has recently sharply criticized the role of the Organization of Islamic Cooperation (OIC) in the Kashmir issue. Imran Khan's government even said that the company would be dissolved, As a result, Saudi Arabia, which is in charge of the company, has made it clear that it will not lend to Pakistan, let alone oil.

 

Pakistan is plagued by economic crisis In this situation, Islamabad is under extreme pressure due to such a decision of Saudi Pakistan borrowed 8.2 billion from Saudi Arabia in November 2016. Of this, 3 billion is in cash and the remaining 3.2 billion is in oil. Saudi Crown Prince Mohammed bin Salman visited Pakistan and signed the loan agreement in February last year. The terms of the loan said that if Saudi Arabia were late in lending a year, it would supply Islamabad with 3.2 trillion worth of oil. Despite the fact that the contract expired two months ago, the contract has not been renewed so far Criticism of the OIC's role has prompted Saudi Arabia, the world's largest oil producer and exporter, to suspend oil supplies to Pakistan.

 

It is learned that a remark by Pakistan's Foreign Minister Shah Mehmood Qureshi is behind Saudi Arabia's disgrace. In a televised interview, Qureshi criticized the OIC, the largest organization of Islamic countries, over the Kashmir issue and said Pakistan would take action if the OIC did not convene a meeting of foreign ministers on Kashmir. Pakistan itself will convene a meeting of foreign ministers of Islamic countries on the Kashmir issue

 

Despite Pakistan's repeated calls for OIC cooperation on the Kashmir issue, Saudi Arabia has not responded. It is learned that they have returned the Pakistani offer several times In August last year, the Modi government withdrew Article 370 from Jammu and Kashmir. The state of Jammu and Kashmir was divided into two separate Union Territories. Pakistan strongly protested against this decision Gaining support against India did not help the OIC

 

The International Monetary Fund (IMF) has been without grants for the past five months, and the suspension of an agreement between Pakistan and Saudi Arabia have left Imran Khan's country in dire straits. In addition, Pakistan has been forced to repay  3 billion borrowed a year and a half ago under pressure to avoid default. According to Pakistani media, a 1 billion loan had to be taken from China to repay the money.

 

The move by Riyadh to question the OIC's role has created a new equation in diplomatic and political relations in the Middle East. According to experts, Saudi Arabia, embarrassed by Pakistan's recent rapprochement with Turkey, has decided to put pressure on Islamabad.