AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,605 Increased By 33.2 (0.39%)
BR30 26,904 Decreased By -371.6 (-1.36%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)

The United States will work with Gulf Arab nations to strengthen their shared defences against threats including Iran, US Secretary of State Hillary Clinton said on Saturday. Speculation about Tehran's nuclear ambitions is a source of anxiety among Sunni-led Gulf Arab states, for whom Iran has long been a regional rival.
"The commitment of the United States to the people and the nations of the Gulf is rock-solid and unwavering. Our strong bilateral relationships are a rock of stability in the region," Clinton said in prepared remarks delivered in the inaugural meeting of a new US-Gulf security forum.
"Now we look forward to expanding our multilateral co-operation as well," she said at the opening of the meeting with foreign ministers from the Gulf Co-operation Council, which includes six Gulf countries. Clinton said Saturday's discussions with Gulf foreign ministers would include the political change that has swept the Middle East in the past year and the violence in Syria, in addition to Iran's disputed nuclear program "and curbing its interference in the affairs of its neighbours".
Gulf Arab states have accused Iran of backing an uprising in Bahrain, and of fomenting unrest among the Shia Muslim minority in mostly Sunni Saudi Arabia. Fresh talks between Iran and world powers are expected to get underway in mid-April as Tehran faces increasing economic and political pressure over its nuclear activities. Western diplomats and analysts say that getting Iran to stop the higher-level uranium enrichment it started two years ago and has since sharply increased will be a priority in next month's talks - the latest bid to avert the threat of Israeli air strikes on Iranian nuclear sites.
On Friday, US President Barack Obama vowed to forge ahead with tough sanctions on Iran, saying there was enough oil in the world market to allow countries to cut Iranian imports. Iran says it has a sovereign right to peaceful nuclear technology and has repeatedly rejected UN resolutions calling for a suspension of all uranium enrichment.
Tehran denies it is pursuing a nuclear weapon or has meddled in affairs of its neighbours. US officials have said the United States is hoping to enhance its co-operation across the Gulf region on fighting piracy and violent extremism. It also hopes to help Gulf nations enhance their missile defence capabilities, including US arms sales.
Oil supplies have also been a focus of Clinton's visit to the Gulf kingdom, which is the world's top oil exporter. The United States and other consumer countries fear Saudi Arabia may cut oil output if they release emergency reserves, neutralising their effort to cool world energy markets. A US official said that Clinton discussed Saudi Arabia's 'essential' role in maintaining strong global oil supplies during a meeting with Saudi King Abdullah on Friday.

Copyright Reuters, 2012

Comments

Comments are closed.