ISLAMABAD: Jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party has not held any talks with the government to ease political tensions, PTI leader Asad Qaiser said on Friday, denying media reports suggesting a dialogue having taken place between the two sides.
Pakistani media reported this week that the PTI and the government had agreed to ease political tensions in the country after PTI’s Qaiser and Salman Akram Raja met ruling party Pakistan Muslim League-Nawaz’s (PML-N) member and National Assembly speaker, Ayaz Sadiq, this week to offer condolences on his sister’s death.
Reports of negotiations surfaced after Khan earlier this month announced the PTI would launch a civil disobedience campaign from Dec. 14, if the government did not meet their demands release of political prisoners and to set up judicial commissions to investigate May 9, 2023 and Nov. 24 protests, in which the government says his supporters partook in violence and caused vandalism.
In a message to supporters on Dec. 5, Khan, who has been in jail since August last year, said he was setting up a five-member negotiations committee to hold talks with the federal government. PM Shehbaz Sharif’s visit to the speaker’s residence for condolences, following Qaiser’s meeting with Sadiq, also fueled speculation that the reported negotiations were discussed between Sadiq and the Pakistani premier.
“It is being reported in media that some dialogue, some talks have been taking place [with the government] and that I have had this kind of discussions with the speaker,” Qaiser said, while speaking in the National Assembly.
“I only went to the speaker’s residence to offer Fatiha, we did not have any dialogue, any talks.”
He said the PTI committee would hold talks with the government only if the latter demonstrated “seriousness.”
“Yes, we have definitely formed a committee and when that committee deemed appropriate and the government demonstrated seriousness, then we will see and we will formally take instructions from our founding chairman and only then things will proceed further,” Qaiser added.
Khan’s party alleges the Sharif-led coalition government came to power after rigging polls with the help of Pakistan’s all-powerful military and has staged several protests this year to demand the release of Khan and to challenge results of the Feb. 8 national election. The government and the military deny the allegations.
Rana Sanaullah, a member of Sharif’s PML-N party, said they always encouraged political dialogue and a month ago, PM Sharif, in an interaction with opposition members in the National Assembly, had offered to hold a political dialogue with them, but Opposition Leader Omar Ayub did not respond to the offer positively.
“Now they have formed a committee but they have not conveyed us this message that ‘we want to talk to you’,” Sanaullah said on a Geo News show Friday morning.
“If they sent this message to the government or the prime minister that ‘we are ready to hold talks with you,’ then it is my assessment that the PML-N will never refuse to hold a political dialogue.”
Ex-PM Khan party denies any dialogue with Pakistani government to ease political tensions
https://arab.news/59gzh
Ex-PM Khan party denies any dialogue with Pakistani government to ease political tensions
- Reports of talks between two sides surfaced after Khan’s party members met National Assembly Speaker Ayaz Sadiq
- Ex-PM Khan this month announced his party will launch a civil disobedience campaign against government on Dec. 14
Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects
- Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
- Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight
ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.
The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.
Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.
“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement.
“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”
Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.
Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.
Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said.
Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.
Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.
Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.
In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.
