KARACHI: Faced with a financial and economic crisis, Pakistan Prime Minister Imran Khan’s first visit to Saudi Arabia could be the ideal solution to boost the country’s political and economic confidence, experts said on Tuesday.
The trip, which begins on Tuesday, holds even more significance as Khan is expected to seek $2-$3 billion in economic aid from the Kingdom, with an urgent need to inject around $9 billion into the economy — to stabilize external accounts largely inflated from high imports and insufficient exports.
“Pakistan expects an injection of around $2 billion to $3 billion in order to stabilize its foreign reserves position, currency and external balance sheet,” Dr. Bilal Ahmed, senior economic analyst, told Arab News.
Adding that Pakistan would largely benefit from the visit, especially if the Kingdom is convinced “to supply oil at concessionary rates which would mitigate pressure on the import bill to a large extent,” Dr. Ahmed said he believed, if successful, this “would be a big achievement of PM Khan”.
During the last fiscal year, 2017-18, the country’s imports of petroleum stood at a whopping $13.27 billion, imported from different countries, including Saudi Arabia. “If Pakistan gets the oil at a deferred payment or at relaxed conditions the issue of country’s cash will be resolved,” Syed Mazhar Ali Nasir, Senior Vice President of Federation of Pakistan Chambers of Commerce and Industry — an apex body of Pakistan’s industrialists and traders — told Arab News.
Bilateral trade is another area where economists stressed a need for negotiations with the Kingdom. “Seeking more waivers from payment on oil imports and loans from the Islamic Development Bank through Saudi’s help, we should explore avenues for exports to Saudi Arabia by ending tariff and non-tariff barriers that have decreased trade of goods and services,” Dr. Ikram ul Haq, a senior economist and expert in legal matters, suggested.
Despite holding great potential, bilateral trade between Pakistan and Saudi Arabia is only $3.4 billion and largely in favor of Saudi Arabia. Pakistan imported $3.1 billion worth of goods from the Kingdom during the fiscal year 2017-18, while exports stood at $316.7 million, data shared by the State Bank of Pakistan showed.
Suggesting new means to explore bilateral trade and investment — by relying less on traditional goods and services – Dr. Haq said: “Pakistan should try to win Saudi’s contracts for IT services as this is the area where we have potential to earn foreign exchange but we never tried. We must come out of traditional item like textile.”
Saudi Arabia imports a huge quantity of sanitary ware during the Hajj season mainly from other Middle Eastern countries. “This sanitary ware is imported from Pakistan and then exported after value addition. If Saudis start a joint venture with Pakistani manufacturers both countries can benefit,” Nasir said.
Adding that agriculture could be another sector that Pakistan could tap into to seek Saudi investment through joint ventures, Dr. Haq said: “This area has potential to grow fast and create export surplus. Saudis investors can be lured for modern corporate farming in Pakistan to earn substantial profits.”
Saudi officials have, in the past, expressed an interest in Pakistan’s mega projects – such as the China Pakistan Economic Corridor --- to help Pakistan benefit from Saudi Arabia’s investment and expertise in petrochemical sectors. “Pakistan should also seek Saudi direct investment in infrastructure development that will not only ease out the balance of payment situation but also yield long term benefits,” Dr. Haq said.
$3bn economic aid expected from PM Khan’s Saudi visit — economists
$3bn economic aid expected from PM Khan’s Saudi visit — economists
- Saudi’s financial assistance could ease cash flow pressure faced by Pakistan
- Bilateral trade, investment in joint ventures and CPEC projects to top agenda
Pakistan calls for immediate ceasefire in Gaza ahead of OIC summit in Gambia
- Ishaq Dar demands joint action by Muslim states at an OIC preparatory meeting to confront rising Islamophobia
- The Pakistani deputy PM will meet leaders from other Muslim countries at the two-day summit starting Saturday
ISLAMABAD: Pakistan on Friday demanded an immediate and unconditional ceasefire in Gaza along with a humanitarian corridor for international aid agencies to provide relief to the people of Palestine ahead of the Organization of Islamic Cooperation’s summit in Gambia this weekend.
The ceasefire call was issued by the country’s newly appointed deputy prime minister, Ishaq Dar, while addressing the summit’s preparatory meeting in the Gambian capital of Banjul, where he arrived on Wednesday.
Dar is scheduled to participate in the OIC summit, convened to discuss and address major issues affecting the Muslim world, ranging from political and economic challenges to social and cultural matters.
These summits aim to promote Muslim solidarity in social and political affairs, coordinate efforts to safeguard the interests and well-being of Muslims and work toward resolving conflicts and issues in the Muslim world.
“Dar expressed Pakistan’s deep concern about the ongoing genocide and starvation of Gaza people and called for the reactivation of OIC’s Ministerial Committee on Israeli aggression against the Palestinians, offering Pakistan’s assistance to the body,” said the state-owned Associated Press of Pakistan (APP) news agency.
The report said he called for an end the Israeli siege leading to a humanitarian crisis for the people of Palestine and to hold Prime Minister Benjamin Netanyahu’s administration accountable for its “war crimes.”
“Ishaq Dar stressed the imperative of joint action by the OIC to confront rising Islamophobia, which was manifested by an increasing number of incidents of discrimination, violence, and incitement against Muslims around the world,” the APP report continued.
“He stated that while global social media platforms had set for themselves a clear understanding and the responsibility of content relating to ‘Antisemitism’ and ‘Holocaust denial’, same was not the case for blasphemous and anti-Islamic content that was responsible for widespread distress among Muslims and the global wave of Islamophobia,” it added.
The Pakistani deputy prime minister is scheduled to interact with leaders of other Muslim states at the two-day OIC summit beginning on Saturday.
Pakistan expands Makkah Route Initiative to Karachi, plans flights for Hajj pilgrims from May 9
- Saudi staff will have access to eight counters and required equipment at Karachi airport’s international departure area
- Pakistan first joined the Makkah Route Initiative in 2019 as part of a pilot program that was introduced in Islamabad
ISLAMABAD: In a major development for Hajj pilgrims in Pakistan, the government plans to launch flight operation to Saudi Arabia under the expanded Makkah Route Initiative to the southern port city of Karachi from May 9, according to an official statement released on Friday.
The initiative, launched by Saudi authorities in collaboration with several Muslim-majority states, facilitates the annual Islamic pilgrimage for numerous people traveling to Makkah.
Under the initiative, tasks like immigration processing are completed in the pilgrim’s home country, allowing them to bypass these procedures upon arrival in Saudi Arabia. This not only reduces waiting times and congestion at Saudi airports but also enhances the overall experience for pilgrims by making their journey more comfortable and focused on spirituality.
Pakistan joined the initiative in 2019 as part of a pilot program that began in Islamabad. Its success led to plans for the program’s expansion to other cities, with pilgrims from Karachi preparing to benefit from it for the first time this year.
“The Hajj flights under the Road to Makkah Project will commence on 09 May and conclude on 08 June,” the statement circulated by Pakistan Civil Aviation Authority said, adding that all the relevant agencies at Karachi’s Jinnah International Airport have assured of unwavering commitment for the successful implementation of the program.
The official statement was released after a meeting at the Karachi airport that focused on the initiative.
All stakeholders, including airline representatives, ground handling agencies, border health services, airport security, Federal Investigation Agency, customs and Anti-Narcotics Force were present during the deliberations.
The meeting focused on the procedures involved at different stages of Hajj pilgrims’ stay at the airport, beginning with their arrival at the facility until their departure, following Saudi immigration formalities.
It was agreed that Saudi staff would have access to eight counters and all the required equipment in the international departure satellite area.
The airport manager stressed the importance of providing a seamless experience to pilgrims and urged all agencies to treat and welcome them as honored guests.
Senior journalist among three killed in bomb attack in Balochistan on World Press Freedom Day
- Khuzdar Press Club president was killed after a motorcyclist attached an explosive device to his vehicle
- Journalists say media workers were also killed in the past but their murderers were never brought to justice
QUETTA: A senior journalist was killed in a powerful blast that claimed at least two other lives in Pakistan’s volatile southwestern Balochistan province, confirmed a senior administration official on Friday, after a motorcyclist attached an explosive device to his vehicle at a bustling market area.
The incident that took place in Khuzdar, a remote city in the region, on World Press Freedom Day sent shockwaves through the media community in the province that has witnessed much violence in the last couple of decades.
Maulvi Muhammad Siddique Mengal, the targeted journalist, was currently the president of the Khuzdar Press Club and had also received threats from unknown individuals in the past.
“President of the Khuzdar Press Club Maulvi Muhammad Siddique Mengal and two bike riders near his vehicle were killed in the attack,” Deputy Commissioner Khuzdar Arif Khan Zarkoon told Arab News after the emergence of the CCTV footage of the attack. “Five people were injured who were shifted to the District Hospital Khuzdar for treatment.”
“Mengal was traveling in his private vehicle to a mosque to offer Friday prayers when an unknown man attached a magnetic explosive device to his vehicle which exploded at Chamrook Chowk and killed him on the spot,” he added.
So far, no group has claimed responsibility for the attack.
“Maulvi Siddique Mengal had been receiving threats from unknown people for the last year,” said one of the local journalists who requested anonymity. “He survived a firing attack nine months ago. Journalism has become a life-threatening profession in Khuzdar. We even closed Khuzdar Press Club for more than six months after threats by unknown people in 2012.”
Pakistan is considered one of the most dangerous places in the world for journalists, particularly for those working in the country’s western Balochistan and Khyber Pakhtunkhwa provinces. According to the Committee to Protect Journalists (CPJ), an international organization working for journalists’ safety, at least 62 media workers have been killed in targeted attacks in Pakistan since 1992.
The Balochistan Union of Journalists (BUJ) has strongly condemned Mengal’s murder, demanding the arrest of the perpetrators of the Khuzdar blast.
Khalil ur Rehman, the BUJ president, said targeting a journalist on World Press Freedom Day was an attempt to suppress the voice of media workers in Balochistan.
“Forty-two journalists have lost their lives in Balochistan over the last two decades, while 10 journalists were killed in Khuzdar district during the last decade, but not a single murderer of journalists has been arrested yet,” he told Arab News. “Journalists in Balochistan are already facing security challenges, but this attack indicates that targeted attacks against journalists have started again.”
Mir Sarfaraz Bugti, chief minister of Balochistan, has strongly condemned Mengal’s killing, ordering an investigation into it.
“The Balochistan government will utilize all resources to arrest the perpetrators involved in the killing of the senior journalist in Khuzdar,” he said in a statement. “Terrorists involved in sabotaging peace in Balochistan won’t succeed.”
Global advocacy group says over 300 journalists faced state repression in Pakistan in one year
- International Federation of Journalists says 8 media workers were charged for sedition, terrorism, incitement to violence
- It mentions the plight of Afghan journalists in exile, safety issues of Pakistani women journalists in online and offline spaces
ISLAMABAD: A leading global advocacy group for journalists’ rights on Friday highlighted alarming challenges faced by the media in Pakistan on Friday, saying that more than 300 people associated with the information industry faced repressive state tactics designed to quell dissent during the course of about a year.
The International Federation of Journalists (IFJ) released its country report on Pakistan on World Press Freedom Day that falls on May 3.
The report highlighted the persistent threats to freedom of expression, safety concerns, gender inequality, and the impact of disinformation on the local media industry.
“Over 300 journalists and bloggers this year were affected by state coercion and targeted, including dozens of journalists arrested for durations between several hours to four weeks and nearly 60 served legal notices or summons for their journalism work or personal dissent online,” the IFJ Pakistan country report for 2023-2024 said. “At least eight were charged for alleged sedition, terrorism and incitement to violence – all serious charges carrying lengthy sentences and even the death penalty.”
It maintained that most of these cases stemmed from the perceived or actual support of these journalists for former prime minister Imran Khan and his political party.
“In this sense, the principal threat actor behind crimes against journalists and free speech practitioners was undoubtedly the state and its functionaries, though some regional sects, non-state actors and gangsters were also involved in some cases,” the report added.
The IFJ described the judicial intervention in these matters as “the silver lining,” saying it thwarted the government’s attempts to entangle journalists “in legal proceedings as a tool of deterring dissent.”
The report noted four journalists were killed during the period under review while at least 59 journalists and bloggers were charged with sedition, terrorism, incitement to violence, defamation or contempt.
“Of these, 47 journalists were served legal summons to respond to allegations of targeted defamation and incitement against judges of the superior judiciary,” it continued.
The report also maintained the safety of women journalists in Pakistan’s online and offline spaces remained a persistent challenge.
“They continued to face gender-based discrimination, journalism work-related intimidation and under-representation in the industry,” it said.
The IFJ said this environment led to self-censorship among journalists and media outlets, especially while writing on topics concerning religion and law.
It also highlighted the plight of Afghan journalists, saying nearly 200 of them had fled to Pakistan after the Taliban takeover in August 2021.
“In October 2023, Pakistan’s government unilaterally demanded that Afghan refugees return to Afghanistan, setting a deadline of one month before authorities began forced deportations,” it recalled. “Amongst the refugees were 200 journalists who had fled to Pakistan to escape stifling restrictions on free speech in Afghanistan.”
The organization said it had called for financial and legal assistance for these journalists to support their sustenance and freedom to report.
Pakistan extradites Oslo festival shooting suspect to Norway
- The man opened fire outside two bars in Oslo in 2022, killing two men and wounding nine others
- Zaniar Matapour, a 44-year-old Norwegian of Iranian origin, is currently on trial for an ‘act of terror’
OSLO: Pakistan has extradited to Norway a man suspected of masterminding an Oslo shooting on the eve of a 2022 festival, Norwegian authorities said on Friday.
On the night of June 25, 2022, just hours before the parade was to take place, a man opened fire outside two bars in central Oslo, including a well-known gay club, killing two men and wounding nine others.
The suspected shooter, Zaniar Matapour, a 44-year-old Norwegian of Iranian origin, is currently on trial accused of an “act of terror.”
Matapour has pleaded not guilty, and psychiatric experts are at odds over his mental health and thereby his legal responsibility.
Arfan Bhatti, a 46-year-old who has lived and is well known in Norway, is suspected of having planned the attack but left Norway for Pakistan before the shooting.
Even though Norway and Pakistan have no agreement on extraditions, Pakistani authorities agreed to grant Oslo’s request.
“Arfan Bhatti is now on a plane escorted by Norwegian police,” Norway’s Justice Minister Emilie Enger Mehl told reporters on Friday.
Bhatti, who denies any involvement and had opposed extradition, will be placed in custody on arrival in Oslo, Norwegian police said.
He is suspected of being an “accomplice to an aggravated act of terror,” a charge that carries a prison sentence of up to 30 years.
Bhatti is expected to be called to testify during Matapour’s trial, police said.
Bhatti’s lawyer was angry that his client was extradited before Pakistan’s supreme court had a chance to rule on his case.
“This way of doing things calls into question the respect of law and international legal principles,” John Christian Elden said.
