Amid investment push, Turkmenistan foreign minister to visit Pakistan next week

Turkmenistan Foreign Minister Rasit Meredow (C) attends the multilateral conference on Afghanistan, in the Iranian capital Tehran on October 27, 2021. (AFP/File)
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Updated 19 July 2024
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Amid investment push, Turkmenistan foreign minister to visit Pakistan next week

  • Pakistan hopes to enhance its role as pivotal trade and transit hub connecting landlocked Central Asia to rest of the world
  • There has been a flurry of visits, investment talks and economic activity between Pakistan and Central Asian states recently

ISLAMABAD: Turkmenistan Foreign Minister Rasit Meredow will undertake a two-day visit to Pakistan from July 22-24, the foreign minister said on Friday, as the South Asian state pushes to boost trade with Central Asian states. 

Pakistan hopes to leverage its strategic geopolitical position and enhance its role as a pivotal trade and transit hub connecting the landlocked Central Asian republics with the rest of the world. In recent months, there has been a flurry of visits, investment talks and economic activity between Pakistan and Central Asian states, including meetings with leaders from Uzbekistan and Azerbaijan.

“Foreign Minister Rasit Meredown will visit Pakistan from July 22-24,” foreign office spokesperson Mumtaz Zahra Baloch said during a weekly press briefing on Friday. “He will hold extensive talks with Deputy Prime Minister and Foreign Minister Ishaq Dar and also call on the Pakistan leadership.”

The talks would cover “all aspects of bilateral relations” as well as regional and global developments, the FO added.

Located in a landlocked but resource-rich region, Central Asian countries need better access to regional markets including Pakistan, China, India, and the countries of West Asia. Meanwhile, Pakistan has huge energy demands that can be satisfied by growing trade with Central Asia. The China-Pakistan Economic Corridor project, in which Beijing has pledged around $65 billion in energy, infrastructure and other schemes in Pakistan, also presents a strategic opportunity for Central Asian states to transport their goods more easily in regional and global markets.

Islamabad is seeking to bolster trade and investment relations with allies to stabilize its fragile $350 billion economy as it faces an acute balance of payment crisis amid soaring inflation and surging external debt.

Last week, Pakistan and the International Monetary Fund (IMF) reached an agreement for a $7 billion, 37-month loan, capping negotiations that started in May after Islamabad completed a short-term, $3 billion program that helped stabilize the economy and avert a sovereign debt default.
 


Pakistan opposition ends protests, PTI forms ‘Imran Khan Release Force’ for jailed ex-PM

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Pakistan opposition ends protests, PTI forms ‘Imran Khan Release Force’ for jailed ex-PM

  • Opposition alliance ends week-long protests over Khan’s health concerns
  • Party announces nationwide membership drive for “peaceful” mobilization

ISLAMABAD: A Pakistani opposition alliance on Wednesday called off nationwide sit-ins held over jailed former prime minister Imran Khan’s health, while his Pakistan Tehreek-e-Insaf (PTI) party announced a new mobilization campaign, including the formation of an “Imran Khan Release Force.”

Pakistan has faced months of political confrontation between Khan’s party and the government since his arrest in 2023, with repeated protests, court battles and accusations by PTI that authorities are attempting to sideline its leader from politics, allegations the government denies.

Tensions have intensified in recent weeks after concerns emerged about Khan’s health in prison. Khan’s lawyer told Pakistan’s Supreme Court last week that the ex-cricketer had lost significant vision in his right eye while in custody, while a medical board said the swelling had reduced after treatment and his vision had improved. Since last week, the Tehreek-i-Tahafuz-i-Ayin-i-Pakistan (TTAP) opposition alliance has been holding a days-long sit-in at Parliament House over Khan’s health concerns.

“All sit-ins including the one at parliament have been called off,” Hussain Ahmad Yousafzai, a spokesperson for the alliance, told Arab News.

Separately, Khyber Pakhtunkhwa Chief Minister Muhammad Sohail Afridi told reporters the party was preparing for an organized political movement to demand their leader’s release.

“After continuous violations of court orders, an organized public struggle has now become inevitable,” Afridi said, announcing the creation of an “Imran Khan Release Force,” with membership open to youth across the country.

Afridi said the organization would include PTI’s student, youth, women, minority and professional wings and would conduct a “completely peaceful struggle,” adding that Khan himself would dissolve the body after his release.

He said membership cards would be issued within days and supporters would take oath in Peshawar after Eid, with a formal chain of command operating under leadership designated by Khan.

“This struggle is for real freedom, supremacy of the constitution and law, democracy and free media,” Afridi said.

Imran Khan, 73, a former cricket star who served as prime minister from 2018 to 2022, was removed from office in a parliamentary vote of no confidence that he says was orchestrated by political rivals with backing from the military. Both the government and armed forces deny the allegation.

Khan has been jailed since August 2023 after convictions he and his Pakistan Tehreek-e-Insaf party call politically motivated.

Broadcast outlets have been restricted from airing Khan’s name and speeches or even showing his image. Only a single court photograph has been publicly available since his imprisonment.

PTI swept to power in 2018 and retains a large support base across key provinces.