30 militants released as Pak-TTP talks resume: Sources

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Islamabad, May 18 | The Pakistan government has released 30 Tehreek-e-Taliban Pakistan (TTP) militants as talks between the two sides have resumed, sources said.

However, no high-profile TTP inmate has been released, Geo News quoted the sources as saying.

However, there is no official confirmation on the release of the 30 militants.

Earlier reports said a Pakistani delegation led by former Inter-Services Intelligence (ISI) chief Lt General Faiz Hameed visited Kabul and reportedly held talks with the representatives of the banned Tehreek-e-Taliban Pakistan (TTP), according to Afghan journalists and sources, Express Tribune reported.

However, there was no official confirmation from either side about the visit.

Gen Faiz as head of the ISI had been instrumental in brokering a deal between the US and the Afghan Taliban.

His reported presence in Kabul seems to stem from his close connections with the Afghan Taliban as well as his experience in handling them.

The talks with the banned TTP took place against the backdrop of a surge in terrorist attacks in Pakistan in recent months.

Contrary to Pakistan’s expectations, since the Taliban takeover of Afghanistan last August there has been an increase in terrorist attacks targeting the security forces.

This year alone, over 120 Pakistani security officials including officers were killed in attacks mostly carried out by the TTP, The Express Tribune reported.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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