PM Khan to attend ‘Davos in the desert’

Prime Minister Imran Khan leaves for Saudi Arabia to attend Future Investment Initiative conference. (Photo courtesy: PTI/Twitter)
Updated 22 October 2018
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PM Khan to attend ‘Davos in the desert’

  • Looks to project Pakistan’s economic and investment potential at Saudi business conference
  • Will interact with industry leaders to invite investors to the country

ISLAMABAD: Prime Minister Imran Khan left for Saudi Arabia on Monday to participate in a business conference there, the Prime Minister’s Office said in a brief statement.
He will be taking part in the Future Investment Initiative (FII) in Riyadh, on the invitation of King Salman.
Foreign Minister Shah Mahmood Qureshi, Finance Minister Asad Umar, Information Minister Chaudhry Fawad Hussain, and Adviser to the Prime Minister on Commerce, Abdur Razak Dawood, are also accompanying the prime minister.
The conference, also known as ‘Davos in the Desert’, is expected to bring together businessmen, investors, corporate giants, representatives of the hi-tech industry and major media outlets on a single platform, a statement released by the Foreign Office read.
By participating in the event, PM Khan will look at projecting Pakistan’s economic and investment potential and the country’s vision for the next five years. The FII conference will also provide an opportunity to interact with important business leaders interested in investing in Pakistan, the press release added.
During his visit, PM Khan will also call upon King Salman and Crown Prince Muhammad bin Salman to discuss matters of mutual interest.


Pakistan Navy seizes $3 million of narcotics in Arabian Sea under regional security patrol

Updated 7 sec ago
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Pakistan Navy seizes $3 million of narcotics in Arabian Sea under regional security patrol

  • Official statement says the haul was made during an anti-narcotics operation conducted by PNS Yamama
  • Seizure comes after a record haul of nearly $972 million was reported in the North Arabian Sea in October

KARACHI: Pakistan Navy said on Sunday a patrol vessel operating in the Arabian Sea had seized 1,500 kg of narcotics, the latest interdiction under a regional maritime security deployment aimed at curbing illicit activity along key shipping routes.

The operation took place under the Regional Maritime Security Patrol (RMSP), a Pakistan-led initiative that deploys naval assets across the Arabian Sea and adjoining waters to deter smuggling, piracy and other non-traditional security threats.

The framework combines independent patrols with coordination involving regional and international partners.

“Pakistan Navy Ship Yamama, while deployed on Regional Maritime Security Patrol in the Arabian Sea, successfully conducted an anti-narcotics operation, leading to the seizure of 1,500 kilograms of hashish valued at approximately 3 million US dollars,” the Navy said.

The interdiction, it added, underscored the force’s “unwavering commitment to combating illicit activities and ensuring security in the maritime domain.”

Pakistan Navy said it routinely undertakes RMSP missions to safeguard national maritime interests through “robust vigilance and effective presence at sea,” and continues to play a proactive role in collaborative maritime-security efforts with other regional navies.

The seizure comes amid heightened counter-narcotics activity at sea.

In October, a Pakistani vessel seized a haul worth nearly $972 million in what authorities described as one of the largest drug seizures ever reported in the North Arabian Sea.

Last month, Pakistan Navy units operating under a Saudi Arabia-led multinational task force seized about 2,000 kg of methamphetamine, valued at roughly $130 million, highlighting the role of regional cooperation in disrupting trafficking networks.