ISLAMABAD: The Iranian embassy in Islamabad said on Friday it denied as “baseless accusations” an editorial by a Pakistani newspaper that suggested Tehran had supported Yemen’s Houthi rebels in a recent carry out attacks on the UAE.
Houthi rebels on Monday attacked the Emirati capital of Abu Dhabi with missiles and drones, setting off explosions in fuel trucks that killed three people, including a Pakistani national, and injured six others.
English-language daily Dawn on Wednesday published an editorial titled “UAE targeted,” that said it was unlikely for the Houthis to develop such capabilities “without Iranian assistance.”
Reacting to the publication, the Iranian embassy issued a statement saying the newspaper had “put up negative and baseless accusations and allegations against the Islamic Republic of Iran” by accusing it of supporting the attackers “without presenting any reason or document.”
It said it “strongly denied the allegations” by the Pakistani newspaper, adding that “such claims would have a detrimental effect on public opinion toward the relations between the two countries and to overshadow the positive dimensions of relations and cooperation between the two governments for peace and durable stability in the region.”
“It is obvious that the publication of negative and untruth material is not in line with the good neighborliness and the growing trajectory of comprehensive relations between the two friendly and brotherly countries of Iran and Pakistan.”
Dawn’s editorial team declined comment despite a request by Arab News.
The Arab coalition in Yemen has been fighting Houthi rebels, who have also repeatedly targeted Saudi Arabia with cross-border strikes.
In 2019, Houthi drone attacks on Saudi Aramco’s facilities in Abqaiq and Khurais in eastern Saudi Arabia had ignited large fires that had forced closure of both facilities and cut the kingdom’s production by nearly half.
MUZAFFARABAD: Pakistan’s auto manufacturers fear their sales will squeeze by about 40 percent in the next fiscal year after achieving the highest ever growth during the ongoing one, as the country finds itself in a major downward economic spiral which is hurting the auto sector.
Pakistan witnessed 18 percent decline in car sales, from 22,799 to 18,625 units, in April due to restrictions on car financing imposed by the central bank along with increased import duties to curtail current account deficit.
The sector posted 51 percent growth during the current fiscal year beginning in July 2021 by selling 191,237 units, the Pakistan Automotive Manufacturers Association’s (PAMA) data show.
“The current economic situation is hurting the auto industry to a large extent,” Ali Asghar Jamali, chief executive officer of the Indus Motor Company (IMC) told Arab News on Friday during an auto industry workshop held in Muzaffarabad, the capital city of Pakistan-administered Kashmir.
The IMC, which manufactures Toyota vehicles, arranged the workshop to highlight the localization level achieved by the auto industry while gauging the impact of auto policies on the sector.
“The automobile market will fall by 30-40 percent in the next fiscal year [FY22-23],” he said. “However, the market will be of around 350,000 units this year which will be the highest ever in the history of Pakistan due to the current orders placed.”
Jamali, who is also the former chairman of PAMA, said the total number of cars sold in the next year was likely to be between 200,000 and 215,000.
Pakistan has imposed a ban on the import of non-essential luxury goods, including vehicles, in a bid to stabilize the economy after its current account deficit spiraled out of control. The country’s foreign exchange reserves have also witnessed a decline while its national currency is trading at low levels against the US dollar.
Supporting the government’s decision to ban import of luxury goods, Jamali said Pakistan’s auto sector required consistent policies.
“The future of Pakistan’s auto sector is bright but at present the country is facing a crisis situation and we have to get out of it,” he said. “We have a major current account deficit due to a high import bill and in the current situation the country will have to take tough decisions. We need to device a sustainable policy to avoid crisis-like situation after every two years.”
Pakistan’s auto sector has witnessed an inclusion of two new entrants and made an investment of about $2 billon since 2016 while providing 2.5 million employment opportunities. The sector contributes 2.2 percent to the overall economy of the country.
“The new entrants have made substantial investment in the sector,” Jamali said. “We [the IMC] have already invested $100 million to make Hybrid Electric Vehicles (HEVs) in Pakistan and another $70-$80 million are in the pipeline.”
“We have invested Rs15-18 billion in plant expansion during the last five years to introduce new models in Pakistan,” he added. “Pakistan’s auto market is still very attractive and what we need is to fix our fundamentals and improve it.”
The IMC chief, who is planning to launch locally assembled hybrid vehicles in Pakistan from next year, said his company was gradually moving toward complete electric vehicles (EVs) with improvement in infrastructure development in the country.
“I agree that the ultimate future is electric vehicle but we think that first it would be hybrid and then it would move into the next stage that is completely electric because at present there is no infrastructure for EVs,” he said, adding: “In the next five to seven years, share of renewable energy in the overall energy mix will improve and the infrastructure for EVs will be available so our strategy is to first bring in hybrid and then move on to the EVs.”
Pakistani auto manufacturers have recently increased prices of the vehicles between seven to 55 percent due to the rise in freight charges by about 252-272 percent, foreign exchange by 24 percent, and 18 to 80 percent rise in the prices of other related goods, according to a presentation given during the workshop.
“The whole world has witnessed unprecedented inflationary pressures in the last couple of years and Pakistan is no exception,” Jamali said. “The pandemic resulted in the disruption of global supply chain which was further aggravated by the Russia-Ukraine conflict.”
“The rupee-dollar disparity, exponential increase in utilities, overwhelming freight charges and government taxation of up to 40 percent have contributed to Pakistan’s economic challenges,” he continued.
However, he warned that any bid to regulate the auto sector, including price fixation, would lead to exit of Toyota cars from the Pakistani market.
In Pakistan, 400 registered vendors have been supplying parts to the auto manufacturers whose number is expected to increase in coming years.
“Vending industry is playing key role in the localization of vehicles and they are investing in modernizing their product lines,” Syed Nabeel Hashmi, former chairman of Pakistan Association of Automotive Parts and Accessories Manufacturers, said while speaking at the workshop. “As a nation, we have to look at the future technology.”
Hashmi called for action against a huge influx of Chinese products which, he said, lacked requisite quality and damaged the automobile sector.
“We want long term policy in Pakistan so that we can manufacture high tech equipment for EVs that are the future of transportation,” he said.
Pakistan cuts Usman Qadir for ODI series against West Indies
Rawalpindi will host the three one-day games on June 8, 10 and 12
Hard-hitters Asif Ali and Haider Ali dropped for the series as well
Updated 23 May 2022
ISLAMABAD: Pakistan has dropped leg-spinner Usman Qadir and hard-hitting batters Asif Ali and Haider Ali for next month’s limited-overs international series against the West Indies.
“Usman, Asif and Haider remain in our plans for the shortest format as we have a series of T20s lined up this year, including the T20 World Cup,” chief selector Mohammad Wasim said in a statement on Monday.
Wasim said the return of vice-captain Shadab Khan and Mohammad Nawaz from injuries resulted in Usman's absence for the ODI series. Both players missed Pakistan’s last ODI series at home against Australia.
Rawalpindi will host the three one-day games, which are part of the Cricket World Cup League, on June 8, 10 and 12.
The 16-member squad will meet for a training camp starting June 1, with Haris Rauf, Hasan Ali, Mohammad Rizwan and Shadab Khan joining from their English county teams.
For the first time in more than two years, Pakistan will be playing without the restrictions of a bio-secure bubble that had become part of life for players during the COVID-19 pandemic.
Wasim said the lowered restrictions meant additional players could be called into the squad in case the team management required any replacement.
“We have decided to give the best chance to our side to collect maximum points and strengthen our chances of progressing directly for the pinnacle 50-over tournament,” he said of the World Cup. “We have retained the same core of players so they further establish themselves in the format. I hope this bunch will continue the form they gained from the Australia series.”
The selectors have included uncapped wicketkeeper-batter Mohammad Haris in the squad as backup for Mohammad Rizwan, and retained the three openers Abdullah Shafique, Fakhar Zaman and Imam-ul-Haq.
Squad: Babar Azam (captain), Shadab Khan, Abdullah Shafique, Fakhar Zaman, Haris Rauf, Hasan Ali, Iftikhar Ahmed, Imam-ul-Haq, Khushdil Shah, Mohammad Haris, Mohammad Nawaz, Mohammad Rizwan, Mohammad Wasim Junior, Shaheen Shah Afridi, Shahnawaz Dahani and Zahid Mahmood.
Pakistan launches new anti-polio drive after 3rd case found
The five-day campaign is aimed at inoculating 40 million kids under 5
Pakistan, Afghanistan are only countries still trying to eradicate polio
Updated 23 May 2022
ISLAMABAD: Pakistan launched a new anti-polio drive on Monday, more than a week after officials detected the third case so far this year in the country’s northwestern region bordering Afghanistan.
The campaign — the third one this year — is to last for five days, aiming to inoculate 40 million children under the age of 5 across the country.
Pakistan has previously carried out two anti-polio campaigns this year, in January and March, after discovering only one case of the disease last year, which raised hopes the country was close to eliminating polio. This year’s first case was registered in April.
A statement from Dr. Shahbaz Baig, the spokesperson for the country’s polio program, urged parents to cooperate with polio workers in the door-to-door campaign.
Pakistan’s anti-polio campaigns are regularly marked by violence. Militants often target polio teams and police assigned to protect them, falsely claiming the vaccination campaigns are a Western conspiracy to sterilize children.
During the March campaign, gunmen in northwestern Pakistan shot and killed a female polio worker as she was returning home after a day of vaccinations. And in January, gunmen shot and killed a police officer providing security for polio vaccination workers, also in the country’s northwest.
Pakistan and Afghanistan are the only remaining countries in the world still trying to eradicate polio, which can cause severe paralysis in children.
KARACHI: Pakistan’s two-time Oscar winning filmmaker, Sharmeen Obaid-Chinoy, who co-directed Ms. Marvel, an American television mini-series, told Arab News in a recent interview that her latest venture would introduce the world to a different kind of superhero whose onscreen presence would be a tribute to immigrants around the world.
Ms. Marvel, is the story of a Pakistani-American teenager, Kamala Khan, who finds her powers amid her day-to-day struggles.
The series will be streamed from June 8 on Disney Plus, a platform currently unavailable in Pakistan, though local viewers will be able to watch its episodes in cinemas in all the major cities.
“Ms. Marvel is a celebration of being an immigrant,” Obaid-Chinoy said in a wide-ranging interview on Saturday. “When you watch Ms. Marvel, you will hear music that you are familiar with, you will see food that you have consumed yourself.”
“It’s a celebration of our textures and fabrics and our holidays and rituals,” she added. “And it’s a real celebration of being South Asian. She [Kamala] is a first generation Pakistani-American, and it is her desire to become a superhero.”
The Pakistani filmmaker said many young people around the world would see a reflection of themselves in Ms. Marvel.
“I would say it’s a coming-of-age story of a young woman in New Jersey,” she continued. “What is special about it is that for the first time in the Marvel Universe, they are introducing an immigrant, brown, South Asian, Muslim girl.”
Describing the lead character of the mini-series, she said Kalama “is funny and quirky who loves Captain Marvel.”
Asked about the significance of the American mini-series in her own career, Obaid-Chinoy said she wanted to move into narrative fiction filmmaking after producing several documentaries and animations, though she had been waiting for the right project which she found in Ms. Marvel.
“Ms. Marvel has a purpose,” she said. “When you look at it, you realize that a superhero can be anyone … The color of your skin, your religion, where you come from, don’t matter.”
The Pakistani Oscar winner also passionately spoke about investment in the local film industry, saying it was vital to nurture producers, directors, cinematographers and actors who had the ability to compete internationally.
Some filmmakers, she added, were still leaving their mark globally without all these necessary resources.
“For the first time we have a film at Cannes this year … which is incredible,” she said.
She maintained that Pakistani cinema did not have a narrative at this stage, adding that a lot of films looked like Bollywood productions.
“My hope is that we find our original voice,” she continued, “one that we can stay true to.”
Obaid-Chinoy said she cared about local cinema which also explained why she decided to launch Patakha Pictures that provided funding and mentorship grants to nurture the next generation of filmmakers in Pakistan, particularly female directors and producers.
She dismissed the perception that her films were only meant for international audiences, saying she had released three films in Pakistani cinemas in the last five to six years. However, she added that filmmakers should try to produce content for both local and international markets.
“For me, both things have to go along, because the Pakistani market is very small,” she said. “There are very limited resources here. And I want to compete with the world. Why should I just compete [in] Pakistan?”
Asked if streaming services constituted a threat to the cinema, she said there was a global trend to release films in cinema houses for a limited period before moving them to streaming services.
“That doesn’t mean that cinema houses are closing,” she said. “It just means that the business model is adapting to different things.”
The Pakistani filmmaker recalled there were similar concerns when video home systems were introduced, making some people nervous since they thought everyone would begin to watch everything at home. Decades later, however, people were still going to cinema houses to watch their favorite flicks.
“There is something very special about the magic of cinema,” Obaid-Chinoy said. “I don’t think that that will change.”
ISLAMABAD: The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has identified Pakistan as one of the countries which are relatively more vulnerable to the economic impact of the war in Ukraine in its latest policy brief.
The war began in February after Russian President Vladimir Putin ordered his armed forces to invade the neighboring country. While his decision led to political condemnations by many nations, the economic cost of the war also became a subject of discuss across the world.
The ESCAP document, which was shared online on Sunday, maintains the whole Asia-Pacific region has been affected by the conflict which has led to higher commodity prices, weaker global demand and heightened economic uncertainty.
“Several Asia-Pacific economies, many of which are classified as countries in special situations, are deemed more exposed to the war in Ukraine than others,” the policy brief said while listing down names of several countries including Pakistan and Sri Lanka.
It said these states “could be harder hit because their economic structure and conditions are more exposed to higher energy and food prices, smaller external financial inflows, rising financing costs and/or a sudden shift in business sentiments.”
Pakistan is already witnessing a major financial crisis, with a yawning current account deficit, dwindling foreign exchange reserves and rapidly depreciating national currency.
Discussing the effects of higher global commodity prices, the document said it was leading to rising inflation rates among several Asia-Pacific economies.
“In the Republic of Korea, inflation rose to a near decade-high level,” it continued. “Similarly, inflation rate in Pakistan edged up to 13.4 percent in April 2022, which is more than double the central bank’s inflation target. In addition to weighing down overall household consumption, rising food and energy prices will disproportionately affect poorer households.”
The policy brief added that Pakistan, along with Cambodia, Solomon Islands and Vanuatu, had become more exposed to rising energy prices than other regional countries.
Pakistan and Sri Lanka were also identified as two countries where the external debt stock and debt services ratios had exceeded the threshold values.
The document pointed out the war in Ukraine had resulted in yet another major shock to the world economy, merely two years after the COVID-19 outbreak was declared as a global pandemic.