Saudi-led DCO secretary-general praises Pakistan’s potential for technological advancement— FO 

Pakistan's Foreign Minister Ishaq Dar (right) meets Digital Cooperation Organization’s (DCO) Secretary-General Deemah AlYahya at sidelines of World Economic Forum meeting in Riyadh, Saudi Arabia on April 28, 2024. (MOFA)
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Updated 29 April 2024
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Saudi-led DCO secretary-general praises Pakistan’s potential for technological advancement— FO 

  • Digital Cooperation Organization’s secretary-general meets Pakistan’s Deputy PM, Foreign Minister Ishaq Dar in Riyadh
  • DCO is an inter-governmental organization dedicated to achieving social prosperity and growth of digital economies

ISLAMABAD: Deemah AlYahya, the secretary-general of the Saudi Arabia-led Digital Cooperation Organization (DCO) praised Pakistan’s “great potential” for technological advancement and digital transformation of its economy, Pakistan’s foreign office said on Sunday. 

The foreign office’s statement came after AlYahya called on Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar at the sidelines of the World Economic Forum’s Special Meeting in Riyadh on Sunday. 

The DCO is an inter-governmental body established in 2020 dedicated to achieve social prosperity and growth of digital economies. The DCO aims to achieve this by unifying member states’ efforts to advance digital transformation and promote their common interests. DCO member states include Pakistan, Qatar, Saudi Arabia, Rwanda, Kuwait, Morocco, Nigeria, Oman, The Gambia, Ghana, Greece, Jordan, Bahrain, Bangladesh, Cyprus and Djibouti. 

AlYahya is a Saudi digital economy expert and the founding secretary-general of the organization since her election to the post in April 2021. As DCO secretary-general, AlYahya is responsible for connecting heads of state, government ministers and private sector digital economy leaders to bridge the digital gap in member states. 

“During the meeting, the SG recounted her successful visit to Pakistan earlier this month and appreciated Pakistan’s great potential for technological advancement and digital transformation of its economy,” Pakistan’s Ministry of Foreign Affairs (MoFA) said. 

It added that Dar and AlYahya affirmed their resolve to continue collaboration and cooperation for the economic development and digital transformation of Pakistan, Saudi Arabia and other DCO member states. 

“She emphasized that as founding member of DCO, Pakistan brings great value to the organization and has a significant role to play in its rise and progress,” MoFA stated. 

The two also discussed cooperation to bridge the digital divide and promote financial inclusion through digital economy, particularly for women and young people.

Dar stressed the need for DCO member states to achieve their capabilities in emerging technologies in the fast-evolving tech landscape, the statement said. “In this connection, he appreciated DCO for providing the suitable platform to its member states for their digital advancement,” the statement said. 

AlYahya separately posted about her “great meeting” with Dar on the social media platform X. 

“With 64 percent of the population below 30 years old, many of whom are actively involved in the freelance industry, it is critical to ensure we undertake all collaborative efforts that will enable an ecosystem which lets the youth thrive and prosper in the new digital landscape,” she wrote on X. 


Pakistan to sign preferential trade agreement with Russia during Sharif’s upcoming visit — envoy

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Pakistan to sign preferential trade agreement with Russia during Sharif’s upcoming visit — envoy

  • Pakistan Prime Minister Shehbaz Sharif plans to visit ‌Russia ​on ‌March ⁠3-5, ​Russian state news ⁠agency RIA reported this month
  • Islamabad will also organize Russia-Pakistan Business Forum, which will have participation from more than 100 Pakistani firms

ISLAMABAD: Pakistan is seeking to sign a preferential trade agreement (PTA) with Russia to boost bilateral trade volume during Prime Minister Shehbaz Sharif’s upcoming visit to Moscow, Pakistan’s ambassador to Moscow has said.

Pakistani Ambassador Faisal Niaz Tirmizi said this during the Moscow-Islamabad media forum, which was hosted by Sputnik ahead of Sharif’s scheduled visit to Moscow next month.

Pakistan and Russia, once Cold War rivals, have strengthened ties in recent years. In 2023, Islamabad began purchasing discounted Russian crude oil banned from European markets over Ukraine war, and also received first shipment of liquefied petroleum gas from Moscow.

The volume of Russia-Pakistan trade rose more than 100 percent to $1.81 billion from July 2023 till June 2024, though it experienced slight contraction in the last fiscal year, according to officials.

“Once the prime minister is here, we will start the process of signing PTA with the Eurasian Economic Union and the Russian Federation,” Tirmizi said at the forum.

Pakistan and Russia are members of the Shanghai Cooperation Organization (SCO), a Eurasian political, economic and security organization, and have had sustained high-level interactions and institutional mechanisms in recent years.

PM Sharif plans to visit ‌Russia ​on ‌March ⁠3-5, ​Russian state news ⁠agency RIA reported this month, citing ⁠a ‌Pakistani ‌official.

Tirmizi said Russia-Pakistan ties were not only strategic or bilateral, but they had commercial, people-to-people and business dimensions as well.

“I am very happy to announce that Pakistan is also organizing the second Russia-Pakistan Business Forum during this visit,” he said.

“Over a hundred companies, hundred leading companies are coming from Pakistan to interact with the Russian partners.”