AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)

The Arab League on Saturday asked the Hamas-led Palestinian government to adopt the Arab-Israeli peace initiative after a meeting between Palestinian foreign minister Mahmoud Zahar and League Secretary General Amr Mussa.
The representatives of the 22-member organisation "have asked the government of Hamas to accept the Arab initiative," Zahar told reporters after the meeting, adding that he would relay the message to his government "to examine the issue."
The Arab Initiative, adopted at the Beirut summit in 2002, calls on Arab governments to normalise ties with Israel in exchange for a full Israeli withdrawal from Arab territories according to the 1967 borders and the establishment of a Palestinian state.
The proposal has been rejected by Israel.
Following his meeting with Mussa, Zahar addressed the representatives of the Arab states at the League's headquarters in Cairo and called on their governments to fulfil their promises of financial aid to the Palestinians.
"We are not only looking to follow up on [Arab] aid, we would like to increase it because the [Israeli] occupation bans us from accessing the 60 million dollars per month," Zahar said.
Israel in March ceased the monthly transfer of some 50 million dollars it collects in customs duties on behalf of the Palestinian Authority, which is now unable to pay March salaries to its civil servants.
"Our Arab brothers intend to help us but we must ensure a mechanism of transparency," added Zahar in reference to corruption in the Palestinian Authority.
During the annual meeting of Arab leaders, held last month in Khartoum, Arab governments promised financial aid to the cash-strapped Palestinian Authority.
The United States and the European Union this week endorsed a freeze on financial aid to the Palestinians until Hamas agrees to recognise Israel and renounce violence.
Zahar was due to meet Egyptian officials, but they were unable to meet him because of "lack of time".
Khaled Meshaal, head of Hamas' political bureau, said that his government would not recognise the state of Israel, despite international pressures.
"We will not recognise Israel at any cost," Meshaal said on Tuesday while on a visit to Tehran.
Palestinian Prime Minister Ismail Haniya Friday told protesters in the Gaza strip that the attempts to "isolate" his cabinet would fail.
"The Palestinian people will not abandon their government despite the pressures and blockade. We will make do with eating olives and salt, but our resolve will not falter because we are loyal to the principles of our people.

Copyright Agence France-Presse, 2006

Comments

Comments are closed.