Pakistan PM highlights Gaza issue at SCO summit in Astana, calls for immediate ceasefire

Pakistan Prime Minister Shehbaz Sharif (2R) interacts with the world leaders on the sidelines of the Shanghai Cooperation Organization Summit in Astana on July 4, 2024. (Photo courtesy: PMO)
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Updated 05 July 2024
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Pakistan PM highlights Gaza issue at SCO summit in Astana, calls for immediate ceasefire

  • The SCO Plus meeting included not only SCO member states but also observer nations, other invited guests
  • PM Shehbaz Sharif called for free flow of humanitarian aid and protection of civilians in the entire Gaza strip

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Thursday addressed a meeting of the Shanghai Cooperation Organization (SCO), wherein he drew attention to Israel’s war on Gaza and called for an immediate ceasefire in the Palestinian territory.
The SCO Plus meeting included not only SCO member states but also observer nations and other invited guests. The expanded format aimed to broaden dialogue and cooperation beyond core member countries, engaging a wider range of nations in discussions.
Sharif, who led the Pakistani delegation at the SCO Council of Heads of State (CHS) meeting in Astana, urged the international community, especially the United Nations Security Council, to uphold its responsibility to ensure a ceasefire in Gaza.        
“He called for outrightly denouncing Israel’s barbaric acts and called for an immediate and unconditional ceasefire leading to realization of the two-state solution with the establishment of the State of Palestine with pre-1967 borders and Al-Quds as its capital,” Sharif’s office said in a statement.
Pakistan does not recognize the state of Israel and calls for an independent Palestinian state based on “internationally agreed parameters.” Since the beginning of Israel’s war in October 2023, the South Asian country has repeatedly raised the issue at various forums and demanded the world stop Israeli military actions in the Palestinian territory.
Sharif said the summit was being held amidst unprecedented sufferings of the Palestinian people as a result of Israel’s ongoing military campaign in Gaza that had killed over 37,000 Palestinians, including thousands of children.
He called for free flow of humanitarian aid and protection of civilians in the entire Gaza strip.  
The CHS adopted statements on safety of drinking water and sanitation, effective waste management and principles of good neighborliness as well as approved plans for ongoing cooperation in economic and security fields. An agreement on environment protection was also signed by relevant SCO ministers.
PM Sharif reaffirmed Pakistan’s commitment to the “Shanghai Spirit” for mutual trust and respect for shared prosperity and development, underscoring his country’s strategic location as an “ideal trade and transit hub” for the entire SCO region.
Founded in 2001, the SCO is a major trans-regional organization spanning South and Central Asia, with China, Russia, Pakistan, India, Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan as its permanent members. The SCO member states collectively represent nearly half of the world’s population and a quarter of global economic output.
The organization’s agenda of promoting peace and stability, and seeking enhanced linkages in infrastructure, economic, trade and cultural spheres, is aligned with Pakistan’s own vision of enhancing economic connectivity as well as peace and stability in the region.
Sharif also met Turkish President Recep Tayyip Erdoğan and President of Azerbaijan İlham Aliyev in Astana, according to the Pakistani foreign office. In the trilateral summit, relations among Türkiye, Azerbaijan and Pakistan as well as regional and global matters such as Gaza, Kashmir, Islamophobia were discussed.
“It was agreed that strengthening of trilateral cooperation among Türkiye – Azerbaijan – Pakistan would not only contribute to prosperity of the peoples of the three countries, but also serve to promote regional and global peace and stability,” the Pakistani foreign office said in a statement.
“The three countries expressed their support for prioritizing dialogue among relevant countries in conflict resolution, in line with principles of sovereignty and territorial integrity.”


Saudi-backed Wafi Energy Pakistan announces 7.5 percent increase in profits last year

Updated 45 min 26 sec ago
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Saudi-backed Wafi Energy Pakistan announces 7.5 percent increase in profits last year

  • Wafi Energy Pakistan operates one of country’s largest fuel retail, lubricants networks
  • The company is also planning a Dubai-based subsidiary to expand its commercial activities

KARACHI: Wafi Energy Pakistan Limited, a subsidiary of Saudi Arabia-based Wafi Energy Holding, on Friday announced a Rs3.54 billion ($12.6 million) profit last year, marking a 7.5 percent increase from the previous year.

In 2025, Wafi Energy acquired Shell Pakistan and added 35 new retail sites to its network, including a second eco-friendly Shell site built with recycled plastic, bringing the Shell retail network to over 680 sites nationwide.

The lubricants business continued strong performance across both consumer and industrial segments and Wafi Energy said had continued its growth in indirect and process oil segments, besides expanding its mining portfolio.

“We delivered a strong business performance in 2025 and importantly, we did so while investing to grow. Our focus through the year was clear – to expand in priority growth areas, establish Wafi Energy in Pakistan and strengthen the Shell customer experience,” Zubair Shaikh, Wafi Energy Pakistan’s chief executive officer, said in a statement.

“In 2026, our ambition is to accelerate growth, build shareholder value and continue investing in the energy future for Pakistan.”

Wafi Energy Pakistan Limited, formerly Shell Pakistan Limited, operates one of the country’s largest fuel retail and lubricants networks. Shell plc divested its majority stake in 2024, after which the company was rebranded under Saudi ownership while continuing to market fuels and lubricants under the Shell brand.

The company said it remains focused on operational excellence and growth.

“The company is also advancing its investment strategy by planning a Dubai-based subsidiary to expand commercial activities and strengthen its regional presence,” it said.

“This strategic move underscores Wafi Energy’s commitment to sustainable growth and expanding its footprint.”