The US State Department on Thursday imposed sanctions on a Chinese research institute and several companies it said have been involved in supplying Pakistan’s ballistic missile program.
Washington similarly targeted three China-based companies with sanctions in October 2023 for supplying missile‐applicable items to Pakistan.
Department spokesperson Matthew Miller said in a statement that the Beijing Research Institute of Automation for Machine Building Industry had worked with Pakistan to procure equipment for testing rocket motors for the Shaheen-3 and Ababeel systems and potentially for larger systems.
The sanctions also targeted China-based firms Hubei Huachangda Intelligent Equipment Co, Universal Enterprise, and Xi’an Longde Technology Development Co, alongside Pakistan-based Innovative Equipment and a Chinese national, for knowingly transferring equipment under missile technology restrictions, Miller said.
“As today’s actions demonstrate, the United States will continue to act against proliferation and associated procurement activities of concern, wherever they occur,” Miller said.
The embassies of China and Pakistan in Washington did not immediately respond to requests for comment.
US imposes sanctions on suppliers to Pakistan’s ballistic missile program
https://arab.news/rbg5a
US imposes sanctions on suppliers to Pakistan’s ballistic missile program
- State Department says a Chinese research institute worked with Pakistan to procure equipment for Shaheen-3, Ababeel systems
- The latest sanctions also targeted three China-based firms alongside Pakistan-based Innovative Equipment and a Chinese national
Pakistan moves to digitize payments for 10 million women under flagship poverty initiative
- BISP Official says accounts will be linked to phones to boost financial inclusion and curb payment deductions
- Over 1.9 million SIMs issued as the nationwide rollout continues across provinces ahead of the March deadline
ISLAMABAD: Pakistan’s flagship poverty alleviation initiative, the Benazir Income Support Program (BISP), plans to equip 10 million women with digital bank accounts linked to their phone numbers within four months in one of the largest such exercises in the world, one of its top officials said on Wednesday.
Launched in 2008, the initiative is named after the late former prime minister Benazir Bhutto and has a budget of Rs716 billion ($2.5 billion) during the current fiscal year. Through its Benazir Kafaalat — or financial assistance — program, BISP provides quarterly stipends of Rs13,500 ($48) to around 10 million women.
In an exclusive interview with Arab News, BISP Secretary Amir Ali Ahmed said the opening of digital bank accounts for the beneficiaries was part of Prime Minister Shehbaz Sharif’s initiative related to a cashless economy and digital transformation of the country.
“I’m glad to share that 10 million bank accounts, wallet accounts were created,” he said. “This is a follow-up of the same exercise whereby now 10 million SIMs are being distributed.
“It is significant to share that the entire beneficiary network that we have is female-centric,” he continued. “So these are 10 million female accounts that have been created.”
Ahmed said the process of issuing mobile phone SIM cards to BISP beneficiaries had started on November 17 and would be completed by March next year.
“Let me share that this is one of the largest such exercises to be conducted in the world which is female-centric, linked with financial inclusion and financial empowerment.”
The BISP official added that out of the more than 10 million beneficiaries, only five to 10 percent had bank accounts, but nearly 90 to 95 percent were excluded from the system.
He said they were being linked to the banking system with cellphone SIMs that are being distributed with the help of the IT ministry, Pakistan Telecommunication Authority, National Database and Registration Authority and telecom companies across the country.
“We feel that this initiative of the government of Pakistan will not only result in financial empowerment of our beneficiaries, it will also result in financial inclusion of a segment which was not part of the banking sector in Pakistan,” he said, adding that the move will also lead to transparency.
In the past, there have been complaints of women not getting their full payment from bank officials in the absence of their own accounts, but Ahmed said this was going to change.
“They will be free from any exploitation at the agent networks, the queues that one would witness, the complaints of corruption or deductions that would emerge,” he continued.
According to official data, more than 1.9 million SIMs have so far been issued for BISP beneficiaries across the country.
The province of Punjab leads the rollout with 810,597 SIMs, followed by Sindh with 523,629 and Khyber Pakhtunkhwa with 371,427 SIMs.
In other regions, Azad Jammu and Kashmir has received 59,617, Balochistan 82,826, Gilgit-Baltistan 45,184, and Islamabad 4,508 SIMs.
