Pakistani forces kill two militants, arrest another in troubled southwest

A Pakistani army soldier stands guard outside the Balochistan Police Training College in Quetta, Pakistan, on October 24, 2016. (AFP/File)
Short Url
Updated 10 April 2023
Follow

Pakistani forces kill two militants, arrest another in troubled southwest

  • The gas-rich Balochistan province bordering Afghanistan and Iran has been a scene of low-level insurgency
  • Pakistani agencies last week arrested founder of one of the key insurgent groups in the restive province

ISLAMABAD: Two militants were killed and another was apprehended in an intelligence-based operation in Pakistan’s southwestern Balochistan province, the Pakistani military said late Sunday, amid a push to wipe off militancy from the South Asian country. 

The gas-rich Balochistan province at the border of Afghanistan and Iran has been a scene of low-level insurgency by Baloch nationalists for more than two decades. 

The separatists say they are fighting what they see as unfair exploitation of the province’s wealth by the federation. The Pakistani state denies it. 

Pakistani security forces have been the main focus of separatist attacks, but in recent years they have also targeted Chinese interests, given Beijing’s increasing economic footprint in the region. 

On Sunday, the military said it intercepted a group of militants in Mach area who opened fire on the security forces. An ensuing exchange of fire resulted in the killing of two suspects and the arrest of another. 

“A cache of arms and ammunition has also been recovered. The clearance operation in the area continues to nab their remaining accomplices,” the Inter-Services Public Relations (ISPR), the military’s media wing, said in a statement. 

“The terrorists are linked with targeting of civilians in the area besides harassment of coal mine owners to extort money from them.” 

The development came a day after the arrest of the founder of one of the most prominent separatist groups, the Baloch Nationalist Army (BNA), by Pakistani intelligence agencies. The BNA came into being after the merger of two separatist outfits, the Baloch Republican Army and the United Baloch Army. 

Imam, the military said, had been “instrumental” in the formation of the Baloch Raji Aajoi Sangar (BRAS), an umbrella group of Baloch insurgent groups, and served as its operational head. 

On Friday, the Pakistani government announced it would launch a fresh offensive to flush out militants from the country, amid months of political wrangling over elections in Punjab and Khyber Pakhtunkhwa (KP) provinces. 

It said the operation would help “rid the country of the menace of terrorism” that would be launched with a renewed vigour and determination. 


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

Updated 05 December 2025
Follow

Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

  • Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
  • Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight

ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.

The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.

“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement. 

“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”

Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.

Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.

Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said. 

Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.

Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.

Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.

In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.