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Prime Minister Shehbaz expresses gratitude to Trump for suspending ‘Project Freedom’ in the Strait of Hormuz.
Prime Minister Shehbaz Sharif sent his appreciation to US President Donald Trump for his bold leadership and prompt declaration over the temporary suspension of Project Freedom in the Strait of Hormuz.
In a post on social media platform X, he stated: “President Trump’s benevolent response to the request from Pakistan and other allied nations, especially the Kingdom of Saudi Arabia and my esteemed brother Crown Prince and Prime Minister H.R.H. Prince Mohammed bin Salman, will significantly contribute to promoting regional peace, stability, and reconciliation during this critical juncture.”
He stated that Pakistan is steadfastly dedicated to endorsing any initiatives that foster restraint and a peaceful resolution of issues via dialogue and diplomacy.
“We are optimistic that the existing momentum will culminate in a sustainable agreement that ensures enduring peace and stability for the region and beyond,” stated the article.
On Tuesday, May 5, Trump announced the cessation of the US military operation to escort vessels through the Strait of Hormuz after only one day, aiming to negotiate a resolution with Iran to conclude the Middle East conflict.
Trump’s initiative, termed “Project Freedom”, commenced on Monday to assist vessels in departing the Strait of Hormuz, the constricted passage to the Gulf where Iran has asserted control following attacks.
The US leader announced on Truth Social that he is now suspending it at the request of mediator Pakistan and other nations, stating that “significant progress has been achieved toward a comprehensive and conclusive agreement” with Tehran.Trump stated, “We have reached a mutual agreement that, although the blockade will continue to be fully enforced, Project Freedom will be temporarily suspended to assess the possibility of finalising and signing the Agreement.”
Washington is enforcing a blockade on Iran’s ports to compel Iran to negotiate a resolution to the conflict initiated by the US and Israel on February 28.
Tensions escalated about the Hormuz operation, with the US claiming it had sunk seven Iranian warships, while many civilian ships reportedly faced attacks attributed to Iran.
Secretary of State Marco Rubio stated earlier on Tuesday that the confrontations in the Strait of Hormuz were not included in the initial conflict.Rubio stated, “This is not an offensive operation; it is a defensive operation.” “This means that shooting will only occur if we are fired upon first.”
He stated that the United States had concluded its offensive operations against Iran, designated as “Operation Epic Fury”.
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According to Ali Pervaiz Malik, the Pak-Iran gas pipeline proposal is still being considered.
The minister stated that the Pakistani government is working to maintain the project and find ways to advance it.
He pointed out that the cost of liquefied natural gas (LNG) imported from Qatar and gas available via the Iran-Pakistan pipeline is essentially the same. He did, however, note that Pakistan currently has the infrastructure needed to import LNG from Qatar.
He stated, “Pakistan would have to invest billions of dollars in laying pipeline infrastructure in the case of Iranian gas, which would significantly increase the overall cost of the project.”
In response to a query, Mr. Malik stated that it would not be proper to make any more remarks at this time. In reference to the current project dispute, he expressed optimism that both parties would be able to come to an out-of-court settlement in light of Pakistan’s involvement in the recent US-Iran confrontation.
The minister went on, “We will try to resolve the matter through negotiations and achieve a win-win outcome for all parties concerned.”
In a significant move that affects intercity travel throughout Pakistan, the government has reinstated former speed limits for drivers on national highways and motorways.
Details indicate that the previous speed limits have been immediately re-established. Cars and light vehicles are once again allowed to go up to 120 km/h on motorways under the updated arrangement.
Officials confirmed that the speed restriction for passenger and heavy vehicles on motorways has been reinstated at 110 km/h.
Authorities added that all types of vehicles, including cars, light vehicles, passenger coaches, and heavy vehicles, are now subject to the same speed limits on national highways.
According to the Motorway Police, the reinstated speed limits have already started to be implemented.
economy that relies heavily on agriculture but is in the middle of the Middle East crisis, which its government has assisted in resolving.
This week, Pakistan announced an initial agreement between the warring parties, but it is too late for Sindh’s mango season, which started in June.
Due to declining demand in important countries, such as the Gulf, and skyrocketing shipping costs, mango dealers told AFP they anticipate a minimum 30% decline in export sales this year.
In addition to the financial hardship, local households are delaying purchasing the fruit due to a jump in inflation brought on by the regional crisis, which is lowering domestic sales.
According to Ali Pervaiz Malik, the Pak-Iran gas pipeline proposal is still being considered.
A significant improvement for drivers using motorways and highways
Mango exports from Pakistan decline as the effects of the Middle East conflict persist
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