Pakistan Chairman Joint Chiefs of Staff: China corridor is ‘stabilizing force’ for South Asia

The screengrab taken from the video by China News Service on September 13, 2024 shows Pakistan's Chairman Joint Chiefs of Staff Committee General Sahir Shamshad Mirza addressing 11th Beijing Xiangshan Forum in Beijing, China. (China News Service via Reuters)
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Updated 13 September 2024
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Pakistan Chairman Joint Chiefs of Staff: China corridor is ‘stabilizing force’ for South Asia

  • General Sahir Shamshad Mirza emphasizes Pakistan’s strategic bond with China at a major Beijing forum
  • He hails CPEC as a game-changing initiative to ensure greater regional connectivity and economic growth

ISLAMABAD: Chairman Joint Chiefs of Staff Committee General Sahir Shamshad Mirza said on Friday the China-Pakistan Economic Corridor (CPEC) was not just beneficial for his country’s economy but also a “stabilizing force” for South Asia.

CPEC is a massive infrastructure and economic development initiative that was launched in 2015 as part of China’s Belt and Road Initiative (BRI). It aims to enhance connectivity between the two states through a network of roads, railways, energy projects, and special economic zones.

The primary goal of CPEC is to improve Pakistan’s infrastructure, boost trade, and create jobs while providing China with direct access to the Arabian Sea via Pakistan’s Gwadar Port.

It is widely viewed as a strategic partnership between the two countries that has the potential to reshape the region’s economic geography.

“Our relations with [the] People’s Republic of China are truly special and time-tested relationship that not only serves as a testament to our all-weather strategic cooperative partnership but also as a cornerstone for peace and stability, both for Pakistan and the region that are today fraught with challenges,” Mirza said while addressing the Security Cooperation and Asia-Pacific Prosperity and Stability Session of the 11th Beijing Xiangshan Forum in China.

“Ladies and gentlemen, [the] China-Pakistan Economic Corridor is a flagship project of China’s Belt and Road Initiative,” he continued. “It is an initiative of enhanced regional connectivity and economic development. Indeed, CPEC is not only a game changer for Pakistan’s economy, but also a stabilizing force in South Asia.”

The 11th Beijing Xiangshan Forum is being held from September 12 to 14, with unprecedented participation from over 100 countries and organizations. Under the theme of “Promoting Peace for a Shared Future,” this year’s event features critical discussions on global security, regional stability, and innovative technologies in defense.

The Pakistan government is already negotiating “CPEC 2.0” to mark the second phase of the joint corridor project carried out by the two countries, shifting the focus from infrastructure and energy projects to industrial cooperation, agriculture, socio-economic development and technological advancements.

CPEC 2.0 also aims to develop new Special Economic Zones (SEZs) to attract foreign investment and boost industrial growth, as part of Pakistan’s economic revitalization strategy.

– With input from China News Service via Reuters


Pakistan seizes US-made weapons worth Rs35 million at border with Afghanistan — security sources

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Pakistan seizes US-made weapons worth Rs35 million at border with Afghanistan — security sources

  • The weapons were seized at the Torkham border crossing in Pakistan's Khyber Pakhtunkhwa province that has witnessed a surge in militant attacks
  • Pakistan blames the surge in attacks on Pakistani Taliban and other militants operating out of neighboring Afghanistan, Kabul denies the allegation

ISLAMABAD: Pakistan’s custom authorities have seized a large cache of US-made weapons and ammunition worth approximately Rs35 million ($125,000) at a border crossing between Pakistan and Afghanistan, Pakistani security sources said on Monday.

The weapons seized at the Torkham border crossing in Pakistan's northwestern Khyber Pakhtunkhwa (KP) province included M4 rifles and magazines, according to the security sources.

The smuggling of US leftover weapons from Afghanistan into Pakistan exposes the Afghan Taliban's struggle with weak governance and poses a “threat to regional stability.”

"The recent seizure of US-made weapons raises concerns about potential Taliban support for TTP [Tehreek-e-Taliban Pakistan], either directly or indirectly, as a strategic move to pressure Pakistan or assert influence in the region," the sources said.

"The rising activity of terrorist groups in Afghanistan risks destabilizing the entire region, potentially leading to increased violence, displacement, and economic hardship."

Pakistan has seen a rise in militant attacks, mostly in KP, by the outlawed TTP and other militant groups, which have targeted security forces convoys and check posts, and carried out targeted killings and kidnappings of law enforcers and government officials in recent months.

Islamabad blames Kabul for facilitating anti-Pakistan militants and says it has consistently taken up the issue of cross-border attacks with the Taliban administration. The Taliban deny allowing the use of Afghan soil for attacks against any country.

"Afghanistan’s situation has far-reaching implications for international security," the Pakistani security sources said. "The presence of terrorist groups and IAG's [interim Afghan government] persistent denial of the reality could fuel global terrorism and threaten regional stability."

 


Chinese PM virtually inaugurates Beijing-funded airport in Pakistan's restive southwest

Updated 14 October 2024
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Chinese PM virtually inaugurates Beijing-funded airport in Pakistan's restive southwest

  • Premier Li Qiang said the start of operations at the Gwadar airport will help boost investment and trade in Pakistan’s western regions
  • The inauguration of the airport had been delayed amid deadly attacks by separatist militants in the Balochistan province in recent months

ISLAMABAD: Chinese Premier Li Qiang virtually inaugurated on Monday a Chinese-funded airport in Pakistan’s Balochistan province, saying it would bring more investment and trade opportunities to the South Asian country.

The start of operations at the $200-million Gwadar International Airport had been delayed amid deadly attacks by separatist militants in the southwestern Pakistani province in recent months.

Li inaugurated the airport alongside Pakistani Prime Minister Shehbaz Sharif during his visit to Islamabad to attend a summit of the Shanghai Cooperation Organization (SCO) on Oct 15-16.

Prime Minister Shehbaz Sharif (R) and Chinese Premier Li Qiang shake hands after unveiling a plaque to mark the completion of New Gwadar International Airport in Islamabad, Pakistan on October 14, 2024. (PMO)

This marks the first visit by a Chinese prime minister to Pakistan in 11 years. Li is leading a high-level delegation of ministers and officials on the visit that runs from October 14 till October 17.

“I believe that the inauguration of the new airport will significantly enhance the security of the Gwadar region, capitalize integration of port shipping and bring more investment and trade opportunities to Pakistan's western regions,” the Chinese premier said, while addressing the inauguration ceremony.

China, a key regional ally and investor, has invested billions in Pakistan through the China-Pakistan Economic Corridor (CPEC), a network of transport, energy and infrastructure projects aimed at enhancing regional trade and connectivity.

Li said through the concerted efforts of both sides, CPEC had produced significant outcomes and played a positive role in Pakistan's economic and social development as well as regional integration.

“China will continue to work with Pakistan to uphold the principle of planning together, building together and benefiting together, engaging in open, green and clean cooperation and pursue the goal of high standard people sustainability in order to make the model project of high-quality Belt and Road cooperation,” he said.

Speaking at the ceremony, Sharif said the new international airport would not only transform the economy of Gwadar, a port city in Balochistan that lies at the heart of CPEC, but also positively impact Pakistan’s overall economy.

"I want to assure you that I will work with you very closely, not only to promote CPEC’s second phase, but also to promote peace and security for the people of China and Pakistan," he added.

MoU signing

In a televised ceremony, the two prime ministers witnessed the signing of several memorandums of understanding (MoUs), agreements and protocols aimed at enhancing cooperation between Pakistan and China in various fields.

Prime Minister Shehbaz Sharif (2nd right)) and Chinese Premier Li Qiang (2nd left) witness the signing of several memorandums of understanding (MoUs), in Islamabad, Pakistan on October 14, 2024. (PMO)

The agreements were aimed at promoting cooperation within the CPEC Livelihood Working Group, strengthening collaboration in information and communication technology, advancing cooperation on water conservancy facilities, flood control and disaster reduction, enhancing security cooperation, and supporting the construction of joint laboratories.

Additionally, agreements on a currency swap between the People’s Bank of China and the State Bank of Pakistan as well as co-production of television programs were also reached between the two countries.

“Exchange of MoUs between Pakistan and China in agriculture, commerce and other fields will shape into agreements very soon through joint efforts of both the countries,” Sharif said, after the signing ceremony.

The Pakistan prime minister's office said Sharif and his Chinese counterpart also held a delegation-level meeting and discussed all aspects of bilateral relations as well as regional and global issues of mutual interest. 

“The two leaders reiterated their support for each other on all core issues and expressed their commitment for high-quality development of China-Pakistan Economic Corridor (CPEC) Phase 2,” Sharif's office said, adding that both leaders emphasized on the need for timely completion of all ongoing projects.

Sharif also assured Premier Li of Pakistan's commitment to ensure the safety of Chinese residents and projects in Pakistan, it added.

 


Major tech show in Dubai offers Pakistan opportunity to increase IT exports manifolds — envoy

Updated 14 October 2024
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Major tech show in Dubai offers Pakistan opportunity to increase IT exports manifolds — envoy

  • The annual GITEX Global exhibition is considered one of the world’s largest tech shows that connects industry leaders with major tech and innovation startups
  • Pakistan's ambassador encourages business leaders, IT professionals to visit the Pakistan pavilion, where 24 exhibitors are showcasing innovative technologies

ISLAMABAD: The four-day Gulf Information Technology Exhibition (GITEX) 2024, being held in Dubai from Oct. 14 till Oct. 18, offers Pakistan an opportunity to boost its Information Technology (IT) exports by tapping into new markets, Pakistan's Ambassador to the United Arab Emirates (UAE) Faisal Niaz Tirmizi said on Monday, as he inaugurated Pakistan's pavilion at the event.

The annual GITEX Global exhibition is considered one of the world’s largest tech shows that connects industry leaders with major tech and innovation startups as well as government officials, expert investors and corporate buyers. This year’s exhibition will run from Oct. 14 to Oct. 18.

Pakistan aims to showcase its growing capabilities in the IT sector through a contingent of 24 leading exhibitors at the event, which is being held at the Dubai World Trade Centre and offers an opportunity for companies to connect with global tech leaders, investors, and potential partners.

"It's a great opportunity for business leaders and IT experts from Pakistan to meet their counterparts from around the world to increase exports of Pakistan from $3.2 billion to manifolds," Ambassador Tirmizi said, after inaugurating the Pakistan pavilion.

He encouraged business leaders and IT professionals to visit the pavilion, where 24 exhibitors are showcasing innovative technologies and services, highlighting the substantial growth of Pakistan’s IT exports to the UAE that had risen by 34% to $265 million.

The Pakistani ambassador acknowledged collaborative efforts by the Pakistani Ministry of Information Technology and Telecommunication (MoITT), Pakistan Software Export Board (PSEB), Pakistan Software Houses Association (PASHA), and the Special Investment Facilitation Council (SIFC) in organizing and showcasing Pakistan’s IT industry at the exhibition.

“Their joint efforts have made it possible for Pakistan to present its full spectrum of capabilities at GITEX Global,” the ambassador said.

“Pakistan, with the third-largest English-speaking population and the second-largest provider of freelance IT services globally, is uniquely positioned to expand its IT exports.”

GITEX Global is known for bringing together global tech giants, governments, start-ups, and investors, offering a platform for transformative innovations. Pakistan’s involvement in the event demonstrates its commitment to advancing its digital economy and enhancing its global footprint in the tech industry.

 


Indian FM’s visit to Pakistan unlikely to thaw frosty ties, experts say

Updated 14 October 2024
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Indian FM’s visit to Pakistan unlikely to thaw frosty ties, experts say

  • Jaishankar has said he will not discuss bilateral relations during Pakistan visit
  • High-level trip may still contribute to ‘slight improvement’ to India-Pakistan ties  

NEW DELHI: External Affairs Minister S. Jaishankar’s visit to Islamabad is unlikely to thaw frosty relations between India and Pakistan as both countries struggle with their domestic issues, experts said on Monday ahead of the first such trip by a high-level Indian official.

The Ministry of External Affairs confirmed last Friday that Jaishankar will be leading the Indian delegation to attend the summit of the Shanghai Cooperation Organization — a 10-member trans-regional economic and security body established by China and Russia — from Oct. 15 to 16 in the Pakistani capital. 

Jaishankar has said he will not discuss bilateral relations during the visit. 

India has fought three wars with its nuclear-armed neighbor, including two over control of the disputed Kashmir region in the Himalayas.

India controls Jammu and Kashmir, which is part of the larger Kashmiri territory that has been the subject of international dispute since the 1947 partition of the Indian subcontinent into Hindu-majority India and Muslim-majority Pakistan.

Both countries, which claim Kashmir in full and rule in part, further downgraded their diplomatic ties in tit-for-tat moves in 2019, after India unilaterally stripped Jammu and Kashmir of its limited constitutional autonomy. In protest, Pakistan also suspended all bilateral trade. 

“It would contribute in certain ways in thawing the relationship that has been frozen for the last 10 years and may provide an opportunity for India to construct, begin conversation with Pakistan,” Sanjay Kapoor, analyst and political editor, told Arab News. 

Yet Pakistan’s political instability and security challenges are also a drawback to potential bilateral engagements, said Prof. Harsh V. Pant, vice president of the Observer Research Foundation in New Delhi. 

“Pakistan is in such a febrile that who to talk to is a big question,” he told Arab News.

“The way political challenges are rising for the Pakistani government, they are quite substantive and there is no way in which a unified machinery exists … even if India wants to have a conversation with Pakistan and take that conversation forward.” 

Unless “something fundamental shifts” in Islamabad concerning its approach to regional security and terrorism, Pant said that India will not be “very incentivized to engage with Pakistan.”

Cross-border terrorism was a top-of-mind issue for the Indian government, said Manish Chand, president of the think tank Center for Global India Insights. 

“Pakistan has not done anything tangible, concrete” to address Delhi’s concerns over the matter, he told Arab News, adding that any dialogue with Islamabad also depended on the Indian public perception and mood, after Prime Minister Narendra Modi’s Bharatiya Janata Party lost its absolute majority in parliament in June. 

“This government, the BJP, does not want to be seen as soft on Pakistan or cross-border terror, so they don’t want to take a political chance because that would mean that it could be they will face cracking political scrutiny,” Chand told Arab News. 

Despite the challenges, Jaishankar’s trip should still be seen as a “very positive gesture” that may lead “to a slight improvement” in bilateral relations, which “may eventually lead to some tangible move leading to reengagement at some level or revival of the dialogue process,” he said. 

But Prof. Siddiq Wahid, a Srinagar-based political analyst, said engaging with Pakistan is not a priority for the Indian government. 

“The current Indian government is hampered by itself-image of India in the world. That self-image is of a major global player. As a result it thinks that time is on its side and it does not have to deal with Islamabad,” he told Arab News.

“Meanwhile, the regional rivalry between Delhi and Islamabad continues to fester.” 


Pakistan’s deadline to file income tax returns ends today

Updated 14 October 2024
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Pakistan’s deadline to file income tax returns ends today

  • The Federal Board of Revenue had extended the Sept. 30 deadline by two weeks
  • Pakistan has one of the lowest tax ratios in the world, according to the World Bank

ISLAMABAD: The deadline for Pakistanis to file their income tax returns ends today, Monday, following the expiry of a two-week extension given by the country's tax regulator.

Pakistan has one of the lowest tax ratios in the world, according to the World Bank. The South Asian country’s failure to generate tax revenues in higher amounts stems from the fact that it has a narrow tax base, low compliance rate, an inefficient tax administration and massive tax evasion, the international financial institution has said.

Pakistan’s Federal Board of Revenue (FBR) announced last month it had extended the Sept. 30 deadline for filing income tax returns to Oct. 14.

“The FBR made the decision in view of requests from various trade bodies, Tax Bar Associations and general public,” it said in a notification. 

The International Monetary Fund (IMF) last month approved a $7 billion loan for Pakistan, critical for the South Asian country to meet its external financial obligations and strengthen its national currency. One of the key demands of the IMF from Pakistan has been to improve its tax administration and broaden its tax base.

The South Asian country aims to collect an ambitious $46 billion through taxes this financial year. Authorities have identified 4.9 million taxable persons in the country by using modern technology.

In Sept., Finance Minister Muhammad Aurangzeb announced the country’s tax filers this year had almost doubled from 1.6 million last year to 3.2 million. He also disclosed that last year Pakistan recorded at least 300,000 new tax filers while this year, the figure had already swelled to 723,000.