Pakistan PM arrives in Tajikistan on final leg of five-day regional diplomacy tour

Prime Minister of Pakistan, Shehbaz Sharif (left) in conversation with Prime Minister of Tajikistan, Qohir Rasulzoda, in Dushanbe, Tajikistan, on May 29, 2025. (Government of Pakistan)
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Updated 29 May 2025
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Pakistan PM arrives in Tajikistan on final leg of five-day regional diplomacy tour

  • The tour earlier took him to Türkiye, Iran and Azerbaijan after a military confrontation with India
  • In Tajikistan, Sharif will attend a glacier conference, present Pakistan’s stance on climate change

ISLAMABAD: Prime Minister Shehbaz Sharif arrived in Tajikistan’s capital Dushanbe on Thursday, the final stop in a five-day regional diplomacy tour that earlier took him to Türkiye, Iran and Azerbaijan, following a recent military confrontation with archrival India.

The tour has seen Sharif engage with regional allies to reaffirm diplomatic ties and economic cooperation, while also garnering support in the wake of heightened tensions with India.

Sharif was received at the Dushanbe airport by Tajik Prime Minister Qohir Rasulzoda.

“Prime Minister Muhammad Shehbaz Sharif has arrived in Dushanbe, the capital of Tajikistan, on a two-day visit,” his office said in a statement.

“During the visit, he will hold a bilateral meeting with Tajik President Emomali Rahmon to discuss cooperation in various sectors and thank the Tajik leader for his strong support during the recent India-Pakistan tensions,” it continued.

Earlier in the day, Sharif concluded his visit to Azerbaijan, where he announced that the Azeri leadership had reaffirmed plans to invest $2 billion in Pakistan and deepen collaboration in commerce, defense, education and health.

On Wednesday, Sharif attended a trilateral summit in the Lachin district with Azerbaijan’s President Ilham Aliyev and Turkish President Recep Tayyip Erdoğan. The three leaders pledged to expand cooperation and turn their longstanding fraternal ties into a strategic partnership for regional prosperity.

During his previous stops, Sharif also met Iranian President Masoud Pezeshkian and Supreme Leader Ayatollah Ali Khamenei in Tehran to discuss trade, energy and regional connectivity. In Türkiye, from where he kicked off his regional tour, the Pakistani prime minister held talks with Erdoğan on defense, infrastructure and intelligence cooperation.

Pakistan has long sought to strengthen ties with landlocked Central Asian nations by offering them access to its Arabian Sea ports, part of its broader push for regional connectivity and economic integration.

The Prime Minister’s Office said in its statement Sharif will also participate in a high-level international conference on glacier preservation in Tajikistan, where he is expected to brief participants on the impact of climate change on Pakistan and reaffirm the country’s commitment to environmental protection.
 


Pakistan says eyeing billions in investments through crypto projects in coming years

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Pakistan says eyeing billions in investments through crypto projects in coming years

  • Pakistan Virtual Assets Regulatory Authority Chairman attends Abu Dhabi Bitcoin Conference 2025
  • Says Pakistan considers Bitcoin, digital assets “a fundamental pillar of the future financial system“

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib said this week that Islamabad is eyeing billions in investment through digital assets initiatives and cryptocurrency projects in the coming years, state media reported. 

Analysts have said Pakistan’s attempts to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation could bring an estimated $25 billion in virtual assets into the tax net.

Pakistan has attempted to bring virtual asset service providers (VASPs) under a formal licensing regime in recent months. PVARA this month also granted no objection certificates (NOCs) to global crypto exchanges Binance and HTX.

Speaking during an interview at the Abu Dhabi Bitcoin Conference 2025, Saqib said Pakistan is reforming the unregulated crypto market to transform it into a “transparent and investor-friendly system in line with global standards,” state broadcaster Radio Pakistan reported on Saturday. 

“He said that interim licenses, mining, tokenization and fintech pilot projects have been launched for major exchanges in Pakistan and billions of dollars are expected to be invested in these projects in the next few years,” Radio Pakistan said in its report. 

The PVARA chairman said Pakistan has become the “center of attention” globally due to the significant progress it has achieved in crypto regulation.

Saqib said Islamabad considers Bitcoin and digital assets not only an investment but “a fundamental pillar of the future financial system.”

“He said that Pakistan’s goal is to make youth not consumers but digital creators and architects of the new economy,” Radio Pakistan said. 

Pakistan’s move to formalize digital asset regulation comes amid broader economic reforms under an International Monetary Fund program, with authorities under pressure to strengthen financial controls, improve transparency and manage risks linked to emerging technologies. 

While officials have framed the crypto framework as regulation-first rather than promotion-led, analysts say its implementation, particularly enforcement and coordination with the central bank, will be closely watched by international lenders and investors.