Pakistan announces price cap for Sputnik V coronavirus vaccine

A woman receives a dose of COVID-19 vaccine at a vaccination centre in Karachi on March 10, 2021. (AFP)
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Updated 21 March 2021
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Pakistan announces price cap for Sputnik V coronavirus vaccine

  • Maximum sale price of Sputnik V is fixed at Rs8,449 ($54) for two doses, local media reports
  • Drug regulator recommends the price of imported vaccines as landed cost plus a 40% markup

ISLAMABAD: The Pakistani government has announced a price cap for shots of the privately imported Russian Sputnik V coronavirus vaccine, the local media reported on Sunday.

A private pharmaceutical company, AGP Limited, last week imported the first shipment of 50,000 doses of the Russian vaccine to Pakistan.

In February, Pakistan said it would allow private companies to import coronavirus vaccines and agreed to exempt such imports from price caps, but on Thursday the country's health chief said that decision was being reversed and the Drug Regulatory Authority of Pakistan (DRAP) would recommend a price, which the cabinet would approve.

"The government has fixed the maximum sale price of Sputnik V Russian vaccine at Rs8,449 ($54) for two doses," the Express Tribune reported, quoting a health ministry circular issued on Saturday.

According to the report, China’s Convidecia vaccine produced by CansinoBio, will cost maximum Rs4,225 per injection.

China’s Sinopharm and CansinoBio, Sputnik-V and the British AstraZeneca vaccines are approved for emergency use in Pakistan, whose government has not secured any vaccine from manufacturing companies yet and is relying so far on donations. 

The Russian vaccine that arrived in Karachi on Wednesday night is the first private batch purchased and imported by a private company.

Dr. Rana Muhammad Safdar, director-general of health at the Ministry of National Health Services and Regulations, said that following a request from AGP Limited, a DRAP pricing committee had on Friday recommended the price tag for each dose of the vaccine and forwarded the recommendation to the federal cabinet for approval.

"DRAP has submitted a summary to fix price; that requires approval of the cabinet," Safdar told Arab News."

A DRAP notification, which is available with Arab News, recommends a price formula for imported vaccines as the vaccine's landed cost plus a 40% markup.  

The maximum retail price will be calculated by "grossing up trade price to provide for retail discount at 15%," according to the notification.

Levies will "not exceed 10% of the cost of freight price by the importer."

A spokesperson for DRAP said a “robust mechanism” was in place to ensure the vaccine would only be sold at the government-fixed price.

“Let me tell you that the Sputnik vaccine won’t be available over the counter as it will be inoculated through government-authorized facilities only, at a fixed price,” Akhtar Abbas, DRAP spokesperson, told Arab News.

He ruled out any possibility of the black marketing of the vaccine: “This will be available through the government authorized mechanism only, and thus absolutely no chance of any black market (deals).”

The South Asian nation of 220 million rolled out its COVID-19 vaccination for frontline health care workers in the first week of February after receiving a donation of 500,000 doses of the Sinopharm vaccine from China. This month, it started vaccinating people above the age of 60. On Wednesday, the government received another Chinese donation of 500,000 million doses of the Sinopharm.

According to official data, the government has vaccinated more than 450,000 people so far across the country.

Pakistan is also expected to receive its first shipment of the AstraZeneca vaccine this month through the COVAX vaccine sharing initiative for poorer nations.


Pakistan’s independent election monitor says by-poll irregularities overshadow improved result management

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Pakistan’s independent election monitor says by-poll irregularities overshadow improved result management

  • FAFEN says its observers were stopped from monitoring elections at 19 polling stations in two Punjab constituencies
  • It mentions a decline in the number of votes cast despite an overall increase in registered voters since February 8

ISLAMABAD: An independent election monitoring network in Pakistan highlighted low voter turnout and procedural irregularities in provincial constituencies in Punjab on Tuesday, saying such teething issues dominated improved result management in the by-polls held on April 21.

Established in 2006, the Free and Fair Election Network (FAFEN) aims to promote electoral transparency, integrity and fairness in Pakistan through citizen observation and advocacy efforts.

It operates independently, monitoring various aspects of the electoral process, including voter registration, polling procedures and result tabulation to ensure impartial elections in the country.

“Low voter turnout, procedural irregularities and restrictions on independent observation in two provincial constituencies in Punjab overshadowed the improved results management and lower numbers of ballots excluded from the count during April 21 elections in 22 national and provincial assembly constituencies,” FAFEN said in its report on by-elections.

“Polling station establishment, voter identification, and counting at polling stations were observed to have been largely compliant with law and procedures,” it continued. “However, instances of omissions in ballot issuance requirements by Assistant Presiding Officers (APOs) were reported from around 14 percent of the observed polling stations.”

FAFEN said while polling agents and accredited observers could generally access voting and counting process, security officials or Presiding Officers barred its observers at 19 polling stations in PP-36 Wazirabad and PP-22 Chakwal-cum-Talagang.

“In PP-22, the accreditation process of FAFEN observers was also delayed until the midday on the polling day causing last-minute changes in the observation scope,” it added.

The report said nearly 36 percent of registered voters cast their votes on polling day, which was nine percent less than the turnout in 18 of these constituencies on February 8.

Votes polled by women decreased by 12 percent, while votes polled by men declined by nine percent, despite an increase of 75,640 registered voters, including 37,684 men and 37,956 women compared to the general elections.

“Lahore’s five constituencies recorded the sharpest decline in the voter turnout with PP-147 reporting a mere 14 percent as against 35 percent on February 8,” it noted. “Similarly, NA-119 Lahore registered a 19 percent turnout against 39 percent on February 8. However, the voter turnout in Gujrat and Khuzdar constituencies recorded an increase compared to general elections.”

FAFEN said it deployed 259 Election-Day observers, including 187 men and 72 women, to observe the voting and counting processes at 1,036 polling stations in five National Assembly and 17 Provincial Assembly constituencies in Punjab, Balochistan and Khyber Pakhtunkhwa provinces.

It said that its report was based on the observations received on Election Day from 532 polling stations through FAFEN Election Day Observation mobile application.


US warns of sanctions risk as Iran, Pakistan agree to boost trade ties with new agreements

Updated 48 min 30 sec ago
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US warns of sanctions risk as Iran, Pakistan agree to boost trade ties with new agreements

  • State Department statement came as the Iranian president concluded his Pakistan visit to discuss energy and connectivity
  • US also defends its decision to impose sanctions against four international entities supplying missile components to Pakistan

ISLAMABAD: The United States warned on Wednesday countries doing business with Iran faced the “potential risk of sanctions,” as President Ebrahim Raisi concluded a three-day visit to Pakistan where his government signed eight memoranda of understanding (MoUs) for cooperation in different fields and to boost trade to $10 billion.

The Iranian president arrived in Islamabad on Monday as the two Muslim neighbors sought to mend ties after unprecedented tit-for-tat military strikes earlier this year. The visit also took place as tensions continued to remain high in the Middle East after Iran launched airstrikes on Israel a week ago and Israel retaliated with its own attack on Friday.

During his stay in Pakistan, Raisi held several official meetings in Islamabad, Lahore and Karachi to discuss issues related to trade, connectivity, energy and people-to-people contacts.

Asked about his engagements in Pakistan and signing of MoUs, US State Department Deputy Spokesperson Vedant Patel cautioned against possible sanctions in a brief response.

“Just let me say broadly, we advise anyone considering business deals with Iran to be aware of the potential risk of sanctions,” he said. “But ultimately, the Government of Pakistan can speak to their own foreign policy pursuits.”

He was also asked about the US administration’s decision to announce sanctions against three Chinese and one Belarus-based entity supplying missile components to Pakistan last week.

“The sanctions were made because these were entities that were proliferators of weapons of mass destruction and the means of their delivery,” Patel said. “These were entities based in the PRC [Peoples Republic of China], in Belarus, and that we have witnessed to have supplied equipment and other applicable items to Pakistan’s ballistic missile program.”

“We’re going to continue to disrupt and take actions against proliferation networks and concerning weapons of mass destruction procurement activities wherever they may occur,” he added.


Pakistan, China sign multiple MoUs focusing on flood rehabilitation, IT and development

Updated 23 April 2024
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Pakistan, China sign multiple MoUs focusing on flood rehabilitation, IT and development

  • Agreements were signed during meeting of Chinese International Development Cooperation Agency officials with PM Sharif
  • Pakistan PM commended CIDCA for its vital support during 2022 floods that killed 1,739 people, caused $30 bln losses

ISLAMABAD: Pakistan and China on Tuesday signed multiple memorandums of understanding (MoUs) that focused on flood rehabilitation, information and communication technologies, and development, Pakistani state media reported.

The agreements were signed during a meeting between a high-level delegation of the Chinese International Development Cooperation Agency (CIDCA), led by Luo Zhaohui, and Prime Minister Shehbaz Sharif in Islamabad.

The MoUs pertained to flood rehabilitation, information and communication technologies, Juncao technology to address soil erosion and desertification, and China-Pakistan Development Cooperation Planning (2024-2028).

“Welcoming the delegation, the Prime Minister said China is Pakistan’s most trusted friend and appreciated China’s steadfast support to Pakistan,” the state-run Radio Pakistan broadcaster reported.

“Acknowledging CIDCA’s pivotal role in bolstering Pakistan’s economic development, the Prime Minister specifically commended CIDCA for its vital support during the 2022 floods and for its relief, rehabilitation, and reconstruction efforts in Pakistan.”

In 2022, downpours swelled rivers and at one point flooded a third of Pakistan, killing 1,739 people. The floods also caused $30 billion in damages, from which Pakistan is still trying to rebuild.

The prime minister witnessed the signing of agreements alongside a Letter of Exchange on the establishment of a First Aid Center in Balochistan and Protocol on Cooperation in Human Resources Development under the Global Development Initiative.

“These agreements signify the deepening cooperation between Pakistan and China across various sectors,” the report read.

The meeting was also attended by China’s Ambassador to Pakistan Jiang Zaidong, members of PM Sharif’s cabinet and senior officials of Pakistan.

Beijing has been one of Islamabad’s most reliable foreign partners in recent years, readily providing financial assistance to bail out its often-struggling neighbor.

In July last year, China granted Pakistan a two-year rollover on a $2.4 billion loan, giving the debt-saddled nation much-needed breathing space as it tackled a balance-of-payments crisis.

China has inked more than two trillion dollars in contracts around the world under its Belt and Road investment scheme, with billions pouring into infrastructure projects in Pakistan.


Three militants killed, one arrested in Pakistan’s restive southwest — military

Updated 23 April 2024
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Three militants killed, one arrested in Pakistan’s restive southwest — military

  • The militants were killed in an intelligence-based operation in the Pishin district of Balochistan
  • Military says one militant apprehended in injured condition was identified as an Afghan national

ISLAMABAD: Three militants were killed and another was injured in a shootout with security forces in Pakistan’s southwestern Balochistan province, the Pakistani military said on Tuesday.

The shootout took place during an intelligence-based operation in the Pishin district of Balochistan, according to the Inter-Services Public Relations (ISPR), the military’s media wing.

The militants were killed after intense exchange of fire during the conduct of operation.

“One terrorist was apprehended in injured condition, who has been identified as an Afghan national,” the ISPR said in a statement.

“A huge cache of arms, ammunition and explosives was also recovered during the operation.”

Balochistan, which borders Afghanistan, is the site of a long-running insurgency by separatists and religiously motivated militants, who have recently carried out a number of attacks in the region.

Gunmen this month killed nine people, who hailed from the eastern Punjab province, after abducting them from a bus on a highway near the Noshki district. The outlawed Balochistan Liberation Army claimed responsibility for the attack.

Although the government says it has quelled militancy, violence by various groups has persisted in the region.

Last year, Islamabad also set a November deadline for all undocumented migrants, mostly Afghans, to leave or face arrest, forcing more than 500,000 Afghans to flee Pakistan.

Pakistan defended the crackdown by pointing to security concerns and is expected to begin a renewed push to deport more Afghan nationals in the coming weeks, according to officials.


At $306 million, Pakistan reported highest ever single-month IT exports in March — representative

Updated 23 April 2024
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At $306 million, Pakistan reported highest ever single-month IT exports in March — representative

  • The Pakistani IT exports surged by $49 million in the last month from $257 million recorded in Feb.
  • Representative calls the achievement a result of hard work of all stakeholders and favorable policies

KARACHI: Pakistan recorded highest ever single-month exports in the field of information technology (IT) in March, chairman of the country’s software houses association said on Tuesday.

The Pakistani IT exports surged by $49 million in the last month from $257 million recorded in the month of February, according to Pakistan Software Houses Association (P@SHA).

The exports, which stood at $225 million in March 2023, recorded an increase of 36 percent on a year-on-year basis.

“Crossing $300 million in a single month makes the IT industry second to only textiles in Pakistan,” Zohaib Khan, the P@SHA chairman, said in a statement.

“It is pertinent to note that IT exports for the month of March 2024 is also the highest exports of the industry in a single month in the country’s history.”

Khan said this achievement was a result of hard work of all stakeholders and favorable government policies over the past several months.

“All we need is policy continuity coupled with new initiatives vis-a-vis skills development and branding of the IT sector on a global-scale for the country’s soft-image,” he said, urging the country’s finance and revenue authorities to give due consideration and incorporation to their budgetary proposals that had already been submitted at concerned forums. 

The P@SHA Chief reiterated the IT industry would fully support the initiatives of the Pakistani IT ministry in achieving the export target of $3.5 billion for the outgoing fiscal year, which ends in June.

“We should aim for $5 billion for the forthcoming fiscal year, i.e. FY25,” he added.