Pakistan briefs Iran on Makkah defence pact
Analysis based on 10 articles · First reported Aug 10, 2026 · Last updated Aug 10, 2026
The trilateral defence pact and the diplomatic outreach to Iran signal shifting regional security alignments, potentially affecting defense-related equities and regional stability perceptions. Markets may see increased demand for defense products and a recalibration of geopolitical risk premiums in the region.
On August 10, 2026, Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephone conversation with Iranian Foreign Minister Abbas Araghchi. Dar briefed Araghchi on the recently signed Makkah Joint Defence Agreement between Pakistan, Saudi Arabia, and Turkey. The agreement aims to strengthen strategic cooperation among the three countries and contribute to regional peace and security. Araghchi thanked Dar for the briefing, and both ministers agreed to maintain close communication on regional and international developments. Iranian Foreign Ministry spokesman Esmail Baghaei had earlier stated that Tehran saw no reason to fear the pact was directed against Iran, noting that regional countries were increasingly relying on their own security capabilities.
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