<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{7}" paraid="469973710" >As tensions rise in Koreas over weapons tests, North’s leader Kim Jong Un has thanked outgoing South Korean President Moon Jae-in for making concerted efforts to improve relations between the two nations, state media KCNA reported on Friday. &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{81}" paraid="1012367944" >The North Korean leader has exchanged letters with Moon. This comes as several weapons tests have been carried out by Pyongyang since the beginning of this year, including the launch of intercontinental ballistic missiles (ICBMs) last month. &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{95}" paraid="1913932475" >On Wednesday, Moon had sent a letter to Kim and had promised to keep trying to lay a foundation for unification. The South Korean leader said it will be based on joint declarations, which were reached at summits in 2018, the KCNA news agency said. &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{95}" paraid="1913932475" ><strong>Also Read:&nbsp;<a href="https://www.wionews.com/world/fakes-and-far-right-content-russia-fines-google-for-ukraine-videos-472719" hreflang="en">'Fakes and far-right content': Russia fines Google for Ukraine videos</a></strong></p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{109}" paraid="470498181" >He also said that he will act despite the 'difficult situation’. &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{123}" paraid="146163997" >The exchange of "letters of friendship" with Kim was also confirmed by Moon`s office, said media reports. &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{137}" paraid="2104521575" >"Kim Jong Un appreciated the pains and effort taken by Moon Jae-in for the great cause of the nation until the last days of his term of office," KCNA said. &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{137}" paraid="2104521575" ><strong>Watch | Gravitas: This Russian missile can destroy any target on earth</strong></p>

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<p>It also said that the exchange was an "expression of their deep trust." &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{165}" paraid="1252488082" >The "era of confrontation" should be overcome with dialogue and the next administration should look to hold inter-Korean engagement, Moon said in the letter, spokeswoman Park Kyung-mee told a media briefing.&nbsp; &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{179}" paraid="638877583" >In reply on Thursday, Kim said their "historic" summits gave people "hope for the future". He also said, ties would develop if both sides "make tireless efforts with hope," KCNA reported.&nbsp; &nbsp;</p>

<p lang="EN-US" paraeid="{715b3321-1e8f-41a1-8fb9-e0ae3e0b4290}{193}" paraid="813921990" ><em>(With inputs from agencies)&nbsp;</em></p>


As tensions rise in Koreas over weapons tests, North’s leader Kim Jong Un has thanked outgoing South Korean President Moon Jae-in for making concerted efforts to improve relations between the two nations, state media KCNA reported on Friday.

As tensions rise in Koreas over weapons tests, North’s leader Kim Jong Un has thanked outgoing South Korean President Moon Jae-in for making concerted efforts to improve relations between the two nations, state media KCNA reported on Friday. The North Korean leader has exchanged letters with Moon. This comes as several weapons tests have been carried out by Pyongyang since the beginning of this year, including the launch of intercontinental ballistic missiles (ICBMs) last month. On Wednesday, Moon had sent a letter to Kim and had promised to keep trying to lay a foundation for unification. The South Korean leader said it will be based on joint declarations, which were reached at summits in 2018, the KCNA news agency said. Also Read: 'Fakes and far-right content': Russia fines Google for Ukraine videos He also said that he will act despite the 'difficult situation’. The exchange of "letters of friendship" with Kim was also confirmed by Moon`s office, said media reports. "Kim Jong Un appreciated the pains and effort taken by Moon Jae-in for the great cause of the nation until the last days of his term of office," KCNA said. Watch | Gravitas: This Russian missile can destroy any target on earth × It also said that the exchange was an "expression of their deep trust." The "era of confrontation" should be overcome with dialogue and the next administration should look to hold inter-Korean engagement, Moon said in the letter, spokeswoman Park Kyung-mee told a media briefing. In reply on Thursday, Kim said their "historic" summits gave people "hope for the future". He also said, ties would develop if both sides "make tireless efforts with hope," KCNA reported. (With inputs from agencies)

As tensions rise, exchange of 'letters of friendship' between leaders in Koreas brings a sigh of relief  

<p>At a time when Pakistan seems to be under intense international pressure after a Sri Lankan national was lynched by a mob, the country seems to have heaved a sigh of relief on getting $3 billion loan from Saudi Arabia. &nbsp;&nbsp;</p>

<p>Riyadh has again come to Islamabad’s rescue as the loan will alleviate some financial woes. Pakistan has received the loan, which is a part of an economic support package, the prime minister's finance adviser said on Saturday. &nbsp;&nbsp;</p>

<p><strong>Also Read:&nbsp;<a href="https://www.wionews.com/south-asia/makeshift-memorial-honours-slain-lankan-factory-manager-in-pakistan-434244">Makeshift memorial honours slain Lankan factory manager in Pakistan</a></strong></p>

<p>The nation has been reeling under numerous economic challenges, which seem to be growing unabated.&nbsp;The country is witnessing sliding forex reserves, high inflation, widening current account deficit and depreciating currency. &nbsp;&nbsp;</p>

<p>According to the central bank data, total liquid foreign reserves of the country stand at $22,498.8 million. &nbsp;&nbsp;</p>

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<p dir="ltr" lang="en">Good news, US$3 billion Saudi deposit received by SBP. I want to thank His Excellency Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture.</p>
— Shaukat Tarin (@shaukat_tarin) <a href="https://twitter.com/shaukat_tarin/status/1467059562104635394?ref_src=twsrc%5Etfw">December 4, 2021</a></blockquote>
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<p>In a tweet, Shaukat Tarin, finance adviser to Pakistan's prime minister Imran Khan, said, "I want to thank His Excellency Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture." &nbsp;&nbsp;</p>

<p><strong>Also Read:&nbsp;<a href="https://www.wionews.com/south-asia/sri-lankan-parliament-pm-rajapaksa-condemn-brutal-lynching-of-lankan-man-over-blasphemy-in-pakistan-434175" hreflang="en">Sri Lankan Parliament, PM condemn brutal lynching of Lankan man in Pakistan</a></strong></p>

<p>The loan has been given for a year at an interest rate of 4% under the terms of the package, which was signed last month. &nbsp;&nbsp;</p>

<p>Saad Hashemy, executive director, BMA Capital, said, "This is positive news ... and will help bolster both the foreign exchange reserves and sentiments in the forex market." &nbsp;&nbsp;</p>

<p><em>(With inputs from agencies)&nbsp;</em></p>


At a time when Pakistan seems to be under intense international pressure after a Sri Lankan national was lynched by a mob, the country seems to have heaved a sigh of relief on getting $3 billion loan from Saudi Arabia.

At a time when Pakistan seems to be under intense international pressure after a Sri Lankan national was lynched by a mob, the country seems to have heaved a sigh of relief on getting $3 billion loan from Saudi Arabia. Riyadh has again come to Islamabad’s rescue as the loan will alleviate some financial woes. Pakistan has received the loan, which is a part of an economic support package, the prime minister's finance adviser said on Saturday. Also Read: Makeshift memorial honours slain Lankan factory manager in Pakistan The nation has been reeling under numerous economic challenges, which seem to be growing unabated. The country is witnessing sliding forex reserves, high inflation, widening current account deficit and depreciating currency. According to the central bank data, total liquid foreign reserves of the country stand at $22,498.8 million. Good news, US$3 billion Saudi deposit received by SBP. I want to thank His Excellency Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture. — Shaukat Tarin (@shaukat_tarin) December 4, 2021 × In a tweet, Shaukat Tarin, finance adviser to Pakistan's prime minister Imran Khan, said, "I want to thank His Excellency Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture." Also Read: Sri Lankan Parliament, PM condemn brutal lynching of Lankan man in Pakistan The loan has been given for a year at an interest rate of 4% under the terms of the package, which was signed last month. Saad Hashemy, executive director, BMA Capital, said, "This is positive news ... and will help bolster both the foreign exchange reserves and sentiments in the forex market." (With inputs from agencies)

Under intense pressure, Pakistan heaves a sigh of relief on getting $3 billion loan from Saudi Arabia

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As tensions rise, exchange of 'letters of friendship' between leaders in Koreas brings a sigh of relief

Under intense pressure, Pakistan heaves a sigh of relief on getting $3 billion loan from Saudi Arabia