Pakistan sets export target at $35 billion despite pandemic challenges

A ship carries containers at the Gwadar port, some 700 kms west of Karachi, Pakistan, on November 13, 2016. (AFP/File)
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Updated 02 August 2021
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Pakistan sets export target at $35 billion despite pandemic challenges

  • Pakistan achieved record high exports of $25.3 billion during the fiscal year 2020-21
  • Government is looking into diversification in the currently dominant export sectors

ISLAMABAD: Pakistan has set its target for goods and services exports at $35 billion in the 2021-22 fiscal year despite the challenges arising from the coronavirus pandemic, the prime minister’s commerce adviser told Arab News.

The high target comes as the South Asian nation achieved record high exports of $25.3 billion, including $15.5 billion in textile and $2 billion in IT services, during the previous fiscal year 2020-21 that ended on June 30. The previous fiscal year’s exports were nearly $4 billion higher than in the year 2019-20, when they reached $21.4 billion.

“For the current fiscal year, started from July 2021, we have fixed $35 billion export target, including $28 billion for goods and $7 billion for services,” Abdul Razak Dawood said in an exclusive interview after a meeting with members of the Karachi based Council of Economic and Energy Journalists (CEEJ) in Islamabad earlier this week.

“We know that the COVID situation is still around the world, and we have made a lot of strategic planning to support our exporters,” Dawood said. “It won’t be easy because everybody is opening up and they are going to get into the export market because the market has been depressed. So, it will be difficult, but will be achieved.”

While exports have increased, the trade deficit also rose to $31 billion during 2020-21, compared with the deficit of $23.2 billion in the preceding fiscal year, according to Pakistan Bureau of Statistics (PBS) data released on Saturday.

To further promote export activity, Dawood said the government is looking into supporting new export sector and diversification in the dominant ones such as textiles.

“If we want our exports to go higher, we have to diversify, diversify within existing sectors like textile and leather, and diversity in new sectors. The new sectors are pharmaceutical, engineering, and food processing we are looking at,” he said.

“In the engineering sub-sectors of motorcycles, refrigerators, transformers, we are feeling that we are becoming more and more competitive we are bringing down our cost of production by reducing duties on raw materials.”

After its high performance last year, the textile sector’s export target has been set at $20 billion.

“This is an ambitious target from $15.5 billion to take it to $20 billion,” Dawood said, “but we feel that we should keep an ambitious target, and everybody should move and try to achieve it.”
 


Top Afghan diplomat in India quits after $2 million gold smuggling reports

Updated 5 sec ago
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Top Afghan diplomat in India quits after $2 million gold smuggling reports

  • Zakia Wardak was reportedly stopped last month on arrival at Mumbai airport, carrying 25 kilograms of gold
  • The Afghan consul-general was not arrested because of her diplomatic immunity, but the gold was confiscated

NEW DELHI: Afghanistan’s top diplomat in India resigned days after she was reportedly caught by airport authorities smuggling nearly $2 million worth of gold into the country.
Zakia Wardak, the Afghan Consul-General in India’s financial capital Mumbai, posted a statement on social media platform X announcing her resignation.
Afghanistan’s embassy in New Delhi shut down in November, more than two years after the Taliban returned to power in Kabul following the collapse of the Western-backed government, leaving Wardak as the country’s most senior representative in India.
“It is with great regret that I announce my decision to step away from my role at the Consulate and Embassy in India, effective May 5, 2024,” Wardak said Saturday.
Indian media reports said Wardak was last month stopped by financial intelligence authorities at Mumbai airport on arrival from Dubai — along with her son — carrying 25 kilograms of gold.
She was not arrested because of her diplomatic immunity, the reports said, but the gold — worth around $1.9 million — was confiscated.
Wardak’s resignation leaves thousands of Afghan nationals, including students and businessmen, without any consular representation in India.
Most foreign nations — including India — do not officially recognize Afghanistan’s Taliban government, but acknowledge them as the de facto ruling authority.
In many Afghan missions, diplomats appointed by the former government have refused to cede control of embassy buildings and property to representatives of the Taliban authorities.
Wardak said in the statement that she had “encountered numerous personal attacks and defamation” over the past year.
Such incidents “have demonstrated the challenges faced by women in Afghan society,” she added, making no explicit reference to the gold allegations.
The Taliban authorities have full control of around a dozen Afghan embassies abroad — including in Pakistan, China, Turkiye and Iran.
Others operate on a hybrid system, with the ambassador gone but embassy staff still carrying out routine consular work such as issuing visas and other documents.
Most countries evacuated their missions from Kabul as the Taliban closed in on the Afghan capital in August 2021, although a handful of embassies — including Pakistan, China and Russia — never shut, and still have ambassadors in Kabul.


At OIC summit, Pakistan expresses concern over Israel’s ‘brutal’ military onslaught in Gaza

Updated 24 min 13 sec ago
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At OIC summit, Pakistan expresses concern over Israel’s ‘brutal’ military onslaught in Gaza

  • Pakistan’s Deputy PM Ishaq Dar expresses full support for Palestine’s inclusion as a United Nations member
  • Dar urges OIC member states at Banjul Summit to push for immediate and unconditional ceasefire in Palestine

ISLAMABAD: Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar on Sunday expressed his deep concern over Israel’s “brutal military onslaught” in the West Bank and Gaza, state-run media reported, calling for an immediate ceasefire in Palestine.
Dar was speaking at the Organization of Islamic Cooperation (OIC) summit being held against a backdrop of widespread anger over Israel’s military actions in Gaza. The Jewish state has killed nearly 35,000 Palestinians and caused massive destruction of hospitals, schools and residential neighborhoods in the densely populated area.
The Pakistani deputy prime minister arrived in Gambia on Wednesday to present his country’s perspective on a wide range of issues, including the war in Gaza and the rights situation in Indian-administered Kashmir.
“Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Sunday expressed Pakistan’s deep concern over Israel’s ongoing brutal military onslaught against the Palestinian people in Gaza and the West Bank,” the state-run Associated Press of Pakistan (APP) reported.
“In the backdrop of the genocide of Palestinians and atrocities of Israeli forces, he urged the OIC Member States to work together for an immediate and unconditional ceasefire.”
Dar also expressed Pakistan’s support for Palestine’s admission as a full member of the UN, demanding the resumption of the process for a two-state solution in the Middle East.
The Pakistani deputy prime minister called for the creation of a viable, contiguous and sovereign state of Palestine based on the pre-1967 borders.
Dar also spoke on an uptick in Islamophobic sentiments and incidents in different parts of the world, particularly since the outset of Israel’s war in Gaza last year in October.
He urged the OIC to formulate a joint strategy to work with global social media platforms to harmonize their content regulation policies for blasphemous, anti-Islamic and Islamophobic content.
“Dar also strongly condemned the surge in anti-Pakistan rhetoric and Islamophobic narratives by India’s political leaders during the ongoing Lok Sabha elections which threatened the regional stability,” the APP said.
He urged the OIC to work collectively to address the existential threat of climate change, which caused catastrophic floods in Pakistan in 2022 that killed over 1,700 people and affected over 33 million in total.
Dar met The Gambia’s president and his counterparts from Turkiye and Azerbaijan to discuss enhancing bilateral trade and economic cooperation, Pakistan’s foreign ministry spokesperson said in a statement.


Pakistan to face India on Oct. 6 in women’s T20 World Cup clash 

Updated 05 May 2024
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Pakistan to face India on Oct. 6 in women’s T20 World Cup clash 

  • ICC Women’s T20 World Cup to run from Oct. 3-20 in Dhaka and Sylhet
  • Pakistan are placed in Group A with Australia, India, New Zealand, Qualifier 1

DHAKA: England will face South Africa in the opening match of the ICC Women’s Twenty20 World Cup to be held in Bangladesh later this year, the International Cricket Council announced on Sunday.
The event will run from October 3 to 20 in the capital Dhaka and the northeastern city of Sylhet, with warm-up matches starting on September 27.
Hosts Bangladesh and the top six teams from the previous edition in South Africa — Australia, England, New Zealand, South Africa and the West Indies — qualified automatically for the tournament, with Pakistan joining them as the next best ranked team.
Ireland, the UAE, Sri Lanka and Scotland are in contention for the remaining two places, with the semifinals of the qualifying tournament being held in the UAE.
Six-times winners and current world number one Australia will play in Group A alongside India, New Zealand, Pakistan and a Qualifier 1.
Neighbours and rivals India and Pakistan will face off on October 6.
Group B will feature South Africa, Bangladesh, England, West Indies, and Qualifier 2.
“Over the last six to seven years we have seen women’s cricket grow exponentially,” ICC chief executive officer Geoff Allardice said at the announcement of the fixture list and trophy unveiling in Dhaka.
“This is going to be a very special tournament,” he added.
It will be the ninth edition of the tournament, with Bangladesh previously hosting in 2014.


From bricks to clicks, Pakistani laborer achieves fame and financial independence via YouTube videos

Updated 05 May 2024
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From bricks to clicks, Pakistani laborer achieves fame and financial independence via YouTube videos

  • Riaz Ali who built homes working as a manual laborer initially began making videos on TikTok
  • 30-year-old made his YouTube channel in 2022 and has since become an online sensation

SANGHAR: Riaz Ali, 34, would stack brick over brick and bond them with mortar, a thick paste of cement, water and sand, as he built homes and did other manual labor work for years in the southern Pakistani district of Sanghar.

In 2022, he started making engaging video content that included throwing and catching mortar, targeting a tall pole with a motorbike tire and some prank videos, which have not only turned the daily wager into a millionaire but also a digital sensation.

Ali, better known as Riaz Jaan, initially posted videos on TikTok after which a friend advised him to post them on YouTube. He created his YouTube channel in April 2022 which was monetized only nine months later.

He now earns 20 times more than what he used to make two years ago.

“As a laborer, my wage was Rs1,500 [per day]. In a month, I used to earn Rs30,000 or Rs35,000 ($107-$125) as it was an inconsistent livelihood,” he told Arab News on Thursday.

“From YouTube, I earn more than Rs500,000 ($1,795) per month.”

Ali, who has 1.9 million subscribers on YouTube, 439,000 followers on TikTok and 359,000 on Facebook, says his content went viral through YouTube Shorts — vertical videos that have a duration of 60 seconds or less.

“My first earnings on YouTube were Rs800,000 ($2,872). I had never seen such a huge amount of money before. My family and I were so delighted that such a significant sum had come into my hands,” he said.

“After YouTube, my life changed. As they say, when Allah gives, He gives abundantly.”

Ali, who started working as a daily wager in 2010, has left his laboring job since becoming a digital sensation but still makes videos related to his former work.

He has also enabled the sharing of his viral videos on YouTube, helping several other content creators have engagement on their channels.

“There are people from various countries who repost my content and videos on their channels, and their channels have also been monetized,” he said. “I have granted them permission.”

This success has helped Ali buy two residential plots and two buffaloes, send his children to better schools, and take care of his family in a much better way. The 30-year-old has also bought a mobile phone worth Rs500,000, which he uses to create quality video content.

But Ali has not kept his success to himself and has passed his digital skills on to his family, friends and whoever he found willing to learn.

“Besides myself, my brother also has a YouTube channel where he posts labor-related videos. His channel has also been monetized,” he told Arab News.

“Additionally, I have two sons, Ali Ayan and Zeb Zohan, whose channel is also monetized.”

He says neither his brother’s nor his sons’ channels gained traction in the beginning and so, he began posting his content on their channels, which helped them gain momentum. Consequently, both channels were monetized.

The 30-year-old offers free, informal consultancy services to youth, who are interested in establishing their own YouTube channels, in his hometown of Jhol in Sanghar. He says he has around 50 to 60 youngsters, who either have monetized channels or are actively working toward them.

“I guide them all, and they follow my directions,” Ali said.

Ali Raza, a farmer and a friend of Ali, got inspired by seeing his friend earn through YouTube. Raza created his own account on the video-sharing website, where he posts funny videos.

“Since Riaz Jaan is teaching others, I also joined his group. It’s been four months since my YouTube channel has been monetized,” Ali Raza told Arab News.

“I earn between Rs25,000 and Rs30,000 ($89-$107) per month.”


Pakistan’s PM Sharif congratulates Sadiq Khan on winning third term as London mayor

Updated 05 May 2024
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Pakistan’s PM Sharif congratulates Sadiq Khan on winning third term as London mayor

  • Sadiq Khan secured historic third term in office as London mayor on Saturday 
  • PM Sharif says Khan’s third victory reflects his dedication to public service 

ISLAMABAD: Prime Minister Shehbaz Sharif congratulated London Mayor Sadiq Khan on Sunday for winning a third consecutive term in office, saying the landmark victory reflected the British-Pakistani official’s dedication to public service. 

Khan, 53, who was first elected in May 2016, beat his Conservative rival Susan Hall by more than 276,000 votes, with his win representing a swing of 3.2 percent to the Labour party. He won nine of the 14 constituencies, results showed on Saturday. 

Taking to social media platform X, Sharif offered his heartiest felicitations to Khan for his “hattrick” of victories. 

“As a hard-working British Pakistani, he not only raised the head of his parents high but also made every Pakistani to rejoice his victory with pride,” Sharif wrote.

He offered Khan best wishes for his future success as mayor of London. 

“The prime minister further said that his re-election for the third term also indicated his popularity and his devotion to public welfare,” the Pakistani prime minister wrote. 

Khan, who replaced Boris Johnson as London mayor in 2016 and who has widespread policing and budget powers, has been an increasingly divisive figure in the past few years regardless of the facts for or against, particularly in the suburbs, where he fared worse than in the inner city.

His supporters say he has multiple achievements to his name, such as expanding housebuilding, free school meals for young children, keeping transport costs in check and generally backing London’s minority groups. His critics say he has overseen a crime surge, been anti-car and has unnecessarily allowed pro-Palestinian marches to become a regular feature at weekends.

With inputs from AP