US backs Pakistan’s ‘right to defend itself from terrorism’ as militant attacks surge

Policemen collect evidence at the suicide blast site in Islamabad, Pakistan, on December 23, 2022. (AFP)
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Updated 04 January 2023
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US backs Pakistan’s ‘right to defend itself from terrorism’ as militant attacks surge

  • Pakistan has warned it reserves right to take cross-border action to safeguard its people
  • 'Pakistani people have suffered tremendously from terrorist attacks,' US State Department says

ISLAMABAD: US State Department Spokesperson Ned Price on Tuesday said Pakistan had the “right to defend itself from terrorism” as Islamabad pushes Kabul to take action against militants on its soil and warns it will take cross-border action to safeguard its people.

Relations between Pakistan and Afghanistan have been strained ever since the Pakistani Taliban or the TTP has stepped up attacks on security forces in Pakistan. Islamabad and Kabul have traded barbs over the attacks, with Pakistan’s interior minister saying last week that Pakistan may attack TTP hideouts in Afghanistan if the government there does not dismantle the group and hand over militants to Pakistan. 

Pakistan’s National Security Committee earlier this week held an important meeting to take stock of the country’s security situation. After the meeting, Pakistan said it would not allow any country to shelter militants and that it had the right to safeguard its people. 

Afghanistan on Tuesday responded to Pakistan, terming the recent statements from Islamabad as “regrettable” and urged Pakistan to “avoid baseless talks, provocative ideas.”

During a press briefing, Price said Washington was aware of the NSC’s recent statement. 

“The Pakistani people have suffered tremendously from terrorist attacks. Pakistan has a right to defend itself from terrorism,” he said.

Price called on the Taliban to honor its commitment to not let the country be used as a “launchpad for international terrorist attacks.”

“These are among the very commitments that the Taliban have been unable or unwilling to fulfill to date,” he added. 


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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Pakistan regulator amends law to facilitate capital raising by listed companies

  • The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
  • Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,

The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.

This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.

“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.

The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.

The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.

“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.

“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”

The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.