AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

UNITED NATIONS: US Secretary of State Mike Pompeo on Tuesday urged the UN Security Council to extend an arms embargo on Iran, warning that the Middle East's stability was at risk, but he faced wide skepticism over US threats to trigger sanctions.

The United States is adamant about prolonging the ban on conventional arms sales to its adversary which expires in October and has threatened to use a disputed legal move to force a return of UN sanctions on Iran. Russia and China, which stand to gain major arms contracts from Iran, oppose an extension of the embargo which was established for five years under a 2015 resolution that blessed a nuclear accord with Iran negotiated under former US president Barack Obama. Taking his case to the Security Council, Pompeo - an outspoken opponent of the nuclear accord - said that ending the ban would lead Iran to send more advanced weapons to regional allies such as the Palestinian militant movement Hamas and Lebanon's Hezbollah. "Iran will hold a sword of Damocles over the economic stability of the Middle East, endangering nations like Russia and China that rely on stable energy prices," Pompeo told the session, held virtually due to coronavirus precautions. He also said that Iran could become a "rogue weapons dealer" after the ban, selling arms as far away as Venezuela, where President Donald Trump's administration is seeking to topple leftist leader Nicolas Maduro. The Security Council session publicly unveiled a report that found that cruise missiles and drones used in attacks last year on Saudi Arabia - including on Abqaiq, the world's largest oil processing center - included material of Iranian origin. "Iran is already violating the arms embargo even before its expiration date. Imagine if Iranian activity were sanctioned - authorized - by this group if the restrictions are lifted," Pompeo said. Iranian Foreign Minister Mohammad Javad Zarif was due to address the session later Tuesday.

Comments

Comments are closed.