France returns looted relics to Pakistan

Archaeologist Aurore Didier points to some artifacts amongst the 445 from the 2nd and 3rd millennium BC which were seized by French customs between 2006 and 2007, during a ceremony at the Embassy of Pakistan in Paris (Reuters)
Updated 03 July 2019
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France returns looted relics to Pakistan

  • Some relics dating as far back as 4,000 BC, with an estimated value of $157,000
  • 445 objects would be shipped back to Pakistan “within a few weeks”

Paris: France on Tuesday handed over to Pakistan nearly 450 ancient relics, some dating as far back as 4,000 BC, seized by French customs agents over a decade ago.





Rodolphe Gintz, head of French customs, and Muhammad Amjad Aziz Qazi, Deputy Head of Mission at the Embassy of Pakistan in Paris, sign official documents during a ceremony at the Embassy in Paris (Reuters)

Customs agents at Paris’ Charles de Gaulle airport in 2006 intercepted a parcel from Pakistan containing 17 terracotta pots addressed to a museum in the city, claiming they were more than 100 years old.
But an expert who examined them concluded they were artefacts dating back to the second or third millennium BC which had likely been stolen from burial sites in Baluchistan, a province in southwest Pakistan.
Following an extensive investigation which lasted almost a year and involved a raid on the Paris gallery, investigators found a total of 445 items, some dating as far back as 4,000 BC, with an estimated value of 139,000 euros ($157,000).




A cameraman films some artifacts amongst the 445 from the 2nd and 3rd millennium BC which were seized by French customs between 2006 and 2007, during a ceremony at the Embassy of Pakistan in Paris (Reuters)

Among the items on display at the embassy to mark the handover were a series of beautifully-decorated pots, vases and jars, all painstakingly adorned with small, stylized motifs of animals, plants and trees.
There were also about 100 tiny ceramic figurines, as well as plates, bowls, and goblets, all of which had been illegally shipped out of Pakistan for sale to dealers abroad.
“This is very, very important for us,” said Abbas Sarwar Qureshi, head of chancery at the Pakistani embassy where France’s top customs official attended a formal handover ceremony.
“Some of the items are 6,000 years old from the Mehrgarh civilization,” he told AFP, referring to an era that predates the Indus Valley civilization which flourished around 3,000 BC before mysteriously disappearing.




Evelyne Sarti, deputy to the inter-regional director of Paris airport customs, looks at some artifacts which were seized by French customs between 2006 and 2007, during a ceremony at the Embassy of Pakistan in Paris (Reuters)

Aurore Didier, head of France’s archaeological mission in the Indus basin, said the ceramics came from illegally-excavated graveyards and were examples of two different cultures: the Nal (3100-2700 BC), and the Kulli (2600-1900 BC).
“For this period, very few sites have been documented and archaeologists stopped their work in Baluchistan in 2007 due to political issues in the area,” she told AFP.
Although not new or unique, they provided valuable evidence of a period where most of the remaining graves had been destroyed.
“For archaeologists, it’s very important because it’s the only evidence of funerary material from this period,” she said.
Qureshi said the 445 objects would be shipped back to Pakistan “within a few weeks,” although it was not immediately clear where they would be exhibited.


Pakistan launches crypto testing framework to regulate digital assets

Updated 59 min 23 sec ago
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Pakistan launches crypto testing framework to regulate digital assets

  • Regulatory ‘sandbox’ to let firms test crypto products under supervision
  • Move comes amid broader push to formalize Pakistan’s digital asset sector

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) on Friday launched a crypto testing framework to regulate digital assets, allowing firms to trial new products and services under official supervision.

The initiative, formally structured as a regulatory “sandbox,” creates a controlled environment where companies can test crypto-related services under the oversight of the regulator before full-scale approval.

According to PVARA, the sandbox will support real-world use cases including tokenization, stablecoins, remittances and on- and off-ramp infrastructure.

Tokenization refers to converting real-world assets into digital tokens on a blockchain, while stablecoins are cryptocurrencies pegged to a fiat currency to maintain a stable value. On- and off-ramp infrastructure allows users to convert between fiat money and digital assets, enabling the practical use of virtual asset products.
“The Pakistan Virtual Assets Regulatory Authority has formally approved and launched its Regulatory Sandbox for virtual assets,” PVARA said in a post on X. “Sandbox Guidelines and the application process will be published shortly on our website.”

 

 

The move comes as the government seeks to build a formal regulatory framework for digital assets while attracting investment and strengthening oversight of the sector.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.

In January, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial, a crypto-based finance platform launched in September 2024 and linked to US President Donald Trump’s family to explore the use of a dollar-linked stablecoin for cross-border payments.