Saudi business delegates to soon visit Pakistan, help expedite economic cooperation — PM Sharif

Saudi Minister for Commerce, Majid Al Kasabi (right), shakes hands with Pakistan Prime Minister Muhammad Shehbaz Sharif on April 29, 2024 in Riyadh, Saudi Arabia. (PMO/File)
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Updated 01 May 2024
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Saudi business delegates to soon visit Pakistan, help expedite economic cooperation — PM Sharif

  • Pakistan is currently making rigorous efforts to attract investment from Saudi Arabia, other Gulf nations to support dwindling economy
  • PM Shehbaz Sharif expresses resolve to work hard to implement consensus achieved in meetings with Saudi leadership on WEF sidelines

ISLAMABAD: Prime Minister Shehbaz Sharif said on Tuesday that a delegation of Saudi businessmen would soon visit Pakistan, which would help expedite economic cooperation between the two brotherly countries.

The statement came at the end of PM Sharif’s visit to Riyadh, where he attended a two-day World Economic Forum (WEF) summit on Global Collaboration, Growth and Energy for Development on April 28-29.

On the sidelines of the summit, the prime minister held meetings with Crown Prince Mohammed bin Salman as well as Saudi ministers of energy, economy and planning, and environment, water, and agriculture.

Sharif, upon the completion of his visit, said bilateral relations and economic partnership between Saudi Arabia and Pakistan were getting “stronger and stronger.”

“A delegation of businessmen from Saudi Arabia is visiting Pakistan in the next few days,” he was quoted as saying in a statement issued from his office.

“The speed of economic partnership between the two countries will be accelerated by the visit of the Saudi Arabian businessmen.”

He expressed his resolve to work hard to implement the consensus achieved at the leadership level between the two countries, saying that a record number of delegations had been exchanged between Pakistan and Saudi Arabia during the past two months.

“His Excellency Crown Prince Mohammed bin Salman issued special instructions to Saudi ministers regarding Pakistan, for which we are extremely grateful,” Sharif said.

“I also pay tribute to Saudi ministers, who made full preparations for the implementation of the consensus between the leadership [of the two countries].”

Pakistan and Saudi Arabia enjoy strong trade, defense and cultural ties. The Kingdom is home to over 2.7 million Pakistani expatriates and serves as the top source of remittances to the cash-strapped South Asian country.

Both countries have been closely working to increase bilateral trade and investment deals, and the Kingdom recently reaffirmed its commitment to expedite an investment package worth $5 billion.


Shaheen Shah Afridi quells team discord rumors, says Pakistan eyeing T20 World Cup victory

Updated 17 May 2024
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Shaheen Shah Afridi quells team discord rumors, says Pakistan eyeing T20 World Cup victory

  • Afridi briefly served as Pakistan’s T20I captain following the team’s underperformance in last year’s ODI World Cup
  • The leadership change at the helm followed contentious statements, triggering debate about solidarity within the team

ISLAMABAD: Pakistani speedster Shaheen Shah Afridi on Friday dismissed concerns about unity within the national cricket team ahead of the Twenty20 World Cup, saying there was no discord within the squad where every player was focusing on winning the big tournament next month.

Afridi was appointed as the T20I captain after Babar Azam announced his decision to step down following the team’s underperformance in last year’s Asia Cup, hosted by Pakistan and Sri Lanka, as well as the ODI World Cup played in India. However, his tenure was brief and ended in March 2024, following Pakistan’s 4-1 defeat in the T20I series against New Zealand.

Azam was brought back to lead the national team, but the leadership change was surrounded by contentious statements that triggered a debate about the lack of solidarity within the team.

“If there are ever small misunderstandings, these happen in every family,” he said during his appearance on the Pakistan Cricket Board’s podcast focusing on his career and the team’s ongoing dynamics. “And when there are brothers, they also sometimes have disagreements over little things. But thankfully, there is nothing like that in this team.”

“Our effort is always to play with unity,” he continued. “This is not the time where there can be argument or discord. This is a time when everyone has to be involved in one process, moving together with unity toward achieving the same goal.”

Afridi said he had fully recovered from his injury last year.

He maintained it was the team’s “job to play cricket and bring joy to our nation.”

“We are also tired of telling people that we will win the World Cup,” he said with a smile. “But God willing, this time we will make this happen.”


Pakistan’s state minister for IT says 5G launch preparations underway to boost digital economy

Updated 17 May 2024
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Pakistan’s state minister for IT says 5G launch preparations underway to boost digital economy

  • Shaza Fatima Khawaja says the move will create employment opportunities for Pakistan’s youth
  • The country last completed the auction for 3G and 4G networks about ten years ago in April 2014

KARACHI: Pakistan State Minister for IT and Telecommunication Shaza Fatima Khawaja has announced that preparations are underway to launch 5G spectrum services to promote the digital economy in the country, state-run Radio Pakistan reported on Friday.

Last year, Pakistan’s federal cabinet greenlighted the much-anticipated auction of 5G spectrum services in the country. Pakistan last completed the auction for 3G and the more advanced 4G networks— the first of its kind in the country— in April 2014.

“The launch of 5G will facilitate the country’s youth and create enormous employment opportunities in the IT sector,” the report quoted the state minister as saying while addressing a ceremony in Islamabad in connection with the World Telecommunication and Information Society Day.

The state minister highlighted the government was liaising with optic fiber companies and working to bolster the volume of their exports, capitalizing on the country’s potential in this sector.

She said that five billion rupees had also been allocated for the skill development of youth.

Khawaja added that the incumbent coalition government was working to expand the exports of around 35 companies engaged in manufacturing mobile phones.


Pakistan throws weight behind full UN membership for Palestine, urges Security Council action

Updated 17 May 2024
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Pakistan throws weight behind full UN membership for Palestine, urges Security Council action

  • UNGA last week overwhelmingly backed Palestinian bid to become full member by recognizing it was qualified to join
  • Palestinian push for full UN membership comes seven months into war between Israel and Hamas in the Gaza Strip

KARACHI: Pakistan has expressed support for a “historic” call by the United Nations General Assembly (UNGA) to admit the state of Palestine as a full member, the Foreign Office (FO) in Islamabad said on Friday, urging the UN Security Council to decide the matter “favorably.”

The UNGA last week overwhelmingly backed a Palestinian bid to become a full UN member by recognizing it was qualified to join and recommending the UNSC “reconsider the matter favorably.” The vote by the 193-member General Assembly was a global survey of support for the Palestinian bid to become a full UN member — a move that would effectively recognize a Palestinian state — after the United States vetoed it in the UN Security Council last month.

“Pakistan supports the historic call made by the UN general assembly made at the 10th emergency session to admit the state of Palestine as a full member,” FO spokesperson Mumtaz Zahra Baloch told reporters at a weekly press briefing.

“The resolution determined that the state of Palestine is qualified for membership of the UN and recommended the security council to decide the matter favorably.”

Baloch said the UNSC had been provided another opportunity to lift its objections to the admission of Palestine to the UN and “restore the credibility of the assurances that have been given in support of the two-state solution.”

The Palestinian push for full UN membership comes seven months into a war between Israel and Palestinian group Hamas in the Gaza Strip, and as Israel is expanding settlements in the occupied West Bank, which the UN considers illegal.

Palestinian health authorities say Israel’s ground and air campaign in Gaza has killed more than 35,000 people, mostly civilians after the war broke on Oct 7 when Hamas fighters stormed across the border into Israel.

Pakistan does not recognize the state of Israel and calls for an independent Palestinian state based on internationally agreed parameters and the pre-1967 borders with Al-Quds Al-Sharif as its capital.


Suspected militants bomb second girls school in a month in northwest Pakistan

Updated 17 May 2024
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Suspected militants bomb second girls school in a month in northwest Pakistan

  • The attack damaged part of the facility in South Waziristan, however, no one was injured in its wake
  • Though nobody claimed responsibility for the bombing, suspicion is likely to fall on the Pakistani Taliban

PESHAWAR: Suspected militants blew up another school for girls in a former stronghold of the Pakistani Taliban in Pakistan’s northwestern Khyber Pakhtunkhwa province, police and residents said on Friday.
The attack happened in the South Waziristan district that borders Afghanistan. It was the second one this month after another school was badly damaged in the region, according to district police Spokesman Habib Islam.
The overnight attack damaged one room of the facility, however, no one was hurt in its wake.
“A loud bang was heard in the night and police found early morning that a newly built girls’ school in Karikot, a village close to district headquarters of Wana City, was damaged in the explosion,” Islam told Arab News.
No one immediately claimed responsibility for bombing the school, but suspicion was likely to fall on the Pakistani Taliban, who have targeted girls’ schools in the province in the past.
A police officer from Wana said the management of the damaged school had received several threats in the past.
Jalal Wazir, general secretary of the Wana Welfare Association, regretted the bombing and said education was of “paramount importance” to beat illiteracy in the region.
“We can’t compete in today’s world if our girls are left uneducated,” Wazir said. “We will work to promote women education because if you educate a single girl, you educate an entire family.”
On May 9, unidentified militants had blown up a girls’ school on the outskirts of Miran Shah city in the neighboring North Waziristan district, prompting Prime Minister Shehbaz Sharif to direct authorities to immediately rebuild the damaged facility.
In May last year, two girls’ schools were blown up in the Mir Ali area of the North Waziristan district.
Pakistan witnessed multiple attacks on girls’ schools until 2019, especially in the Swat Valley and elsewhere in the northwest where the Pakistani Taliban long controlled the former tribal regions. In 2012, the insurgents attacked Malala Yousafzai, a teenage student and advocate for the education of girls who went on to win the Nobel Peace Prize.


Pakistan says will accelerate progress on major connectivity projects with China

Updated 17 May 2024
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Pakistan says will accelerate progress on major connectivity projects with China

  • The understanding to this effect was reached during Pakistan Deputy Prime Minister Ishaq Dar’s visit to China
  • The visit comes amid Pakistan’s push for foreign investment, with Islamabad seeing flurry of high-level exchanges

ISLAMABAD: Pakistan and China have resolved to accelerate progress on major connectivity projects and strengthen cooperation in multiple fields, Pakistan’s Foreign Office said on Friday, amid an increase in bilateral engagements with longtime ally Beijing to boost foreign investment in Pakistan.
The understanding to this effect was reached during Pakistan Deputy Prime Minister Ishaq Dar’s ongoing visit to China, where he met Chinese Foreign Minister Wang Yi and other top officials.
Beijing has been one of Islamabad’s most reliable foreign partners in recent years and has invested over $65 billion in energy and infrastructure projects as part of the China-Pakistan Economic Corridor (CPEC).
The project, part of President Xi Jinping’s ambitious Belt and Road Initiative, aims to connect China to the Arabian Sea via a network of roads, railways, pipelines and ports in Pakistan, and help Islamabad expand and modernize its economy.
“The two sides will work together to forge an upgraded version of CPEC by jointly building a growth corridor, a livelihood enhancing corridor, an innovation corridor, a green corridor by aligning them with Pakistan’s development framework and priorities,” said Mumtaz Zahra Baloch, a Pakistan foreign office spokeswoman, while briefing reporters on Dar’s visit.
“Together we will accelerate progress on major connectivity projects, including upgradation of ML-1 (Main Line-1), the Gwadar port, realignment of KKH (Karakoram Highway) phase-2, strengthen cooperation in agriculture, industrial parks, mining and information technology.”
The $6.8 billion ML-1 project is aimed at upgrading and dualizing the 1,872-kilometer existing railway track from the southern Pakistani port city of Karachi till Peshawar in the country’s northwest, while the port in Pakistan’s southwestern Gwadar city lies at the heart of CPEC.
Dar’s visit comes amid Pakistan’s recent push for foreign investment, with Islamabad seeing a flurry of high-level exchanges from diplomats and business delegations in recent weeks from Saudi Arabia, Japan, Azerbaijan, Qatar and other countries.
Earlier in the day, Prime Minister Shehbaz Sharif’s office said the premier had invited a Chinese research and investment firm, MCC Tongsin Resources, to invest in Pakistan’s mining sector and assured it of “maximum facilitation.” The statement came after Sharif’s meeting with a delegation of MCC Tongsin Resources, led by Chairman Wang Jaichen, in the federal capital of Islamabad.
“The government is taking steps on priority basis to increase foreign investment in the country,” Sharif was quoted as saying by his office. “In order to increase the exports of Pakistan, investment for the extraction of minerals, their processing and export will be fully facilitated.”
Sharif has vowed to rid the country of its chronic macroeconomic crisis through foreign investment and efficient handling of the economy.