Saudi Arabia says it will respond to any action taken against it with a ‘greater reaction’

Updated 14 October 2018

Saudi Arabia says it will respond to any action taken against it with a ‘greater reaction’

  • Kingdom's statement says it is an important part of the world economy
  • Any action, sanctions or otherwise, will be met with "greater action"

Saudi Arabia said on Sunday that it rejects any threats and attempts to undermine it, and would respond with “greater action” to any sanctions or action taken against the Kingdom, state news agency SPA has reported.

The statement went on to say: “Whether by waving economic sanctions, using political pressure, or repeating false accusations that will undermine the Kingdom.”

“The government and the people are steadfast, dear as ever, no matter what the circumstances and whatever the pressure is.”

It said that if action was taken against the Kingdom “it will respond with greater action.”

The statement added: “The Kingdom’s economy has an influential and vital role in the global economy.”

This is the statement in full:

An official source stated that the Kingdom of Saudi Arabia and from its leading position in the Arab and Islamic worlds has played a prominent role throughout history in achieving security, stability and prosperity of the region and the world, leading efforts in combating extremism and terrorism, enhancing economic cooperation and consolidating peace and stability in the region and the world and it is still working with brotherly and friendly countries to promote these goals, basing all of this on its own status as a platform of revelation, and the birthplace of Islam.

The kingdom affirms its total rejection of any threats and attempts to undermine it, whether by threatening to impose economic sanctions, using political pressures, or repeating false accusations that will not undermine the Kingdom and its staunch positions and Arab, Islamic and international status, the outcome of these weak endeavors, like their predecessors, is a demise.

The Kingdom as the government and people are steadfast, glorious as ever, no matter whatever the pressures and circumstances might be.

The Kingdom also affirms that if it receives any action, it will respond with greater action, and that the Kingdom's economy has an influential and vital role in the global economy and that the Kingdom's economy is affected only by the impact of the global economy.

The Kingdom appreciates the brothers’ stand in the face of the campaign of false allegations and falsehoods, as well as it appreciates the voices of the wise people around the world, who have overcome wisdom, deliberation and the search for truth instead of rushing and seeking to exploit rumors and accusations to achieve goals and agendas unrelated to the search for truth.


Anti-money laundering watchdog gives Pakistan until February to act against terror financing

Updated 22 min 43 sec ago

Anti-money laundering watchdog gives Pakistan until February to act against terror financing

  • ‘The FATF strongly urges Pakistan to swiftly complete its full action plan by February 2020’

PARIS: Pakistan has until February to improve its counter-terror financing operations in line with an internationally agreed action plan, or face action against it, a global watchdog said on Friday.
The Paris-based Financial Action Task Force, which tackles money laundering, said it was concerned that Pakistan had failed to complete the action plan first by a January deadline, then a May deadline and now October.
“The FATF strongly urges Pakistan to swiftly complete its full action plan by February 2020,” it said in a statement.
“Otherwise, should significant and sustainable progress not be made across the full range of its action plan by the next Plenary, the FATF will take action.”
The FATF already has Pakistan on its “grey list” of countries with inadequate controls over curbing money laundering and terrorism financing. But India wants Pakistan blacklisted, which would likely result in sanctions.
“Pakistan needs to do more and it needs to do it faster,” FATF president Xiangmin Liu told reporters in Paris.