Pakistani delegation heads to world capitals in diplomatic push following India standoff

Pakistan's former foreign minister Bilawal Bhutto Zardari (second from left) along with other Pakistan officials attend a brieifing at Ministry of Foreign Affairs in Islamabad, Pakistan, on May 20, 2025, as in Pakistan’s latest diplomatic push following its conflict with India last month. (MOFA/Facebook)
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Updated 02 June 2025
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Pakistani delegation heads to world capitals in diplomatic push following India standoff

  • Nine-member delegation arrives in New York as first stop in diplomatic mission to present Pakistan position 
  • Delegation will also visit London, Washington DC and Brussel, separate delegation will also visit Moscow 

ISLAMABAD: A high-level delegation set up by Prime Minister Shehbaz Sharif arrived in New York today, Monday, as the first stop in a diplomatic mission to present Pakistan’s position in world capitals following a recent military conflict with India.

Tensions between nuclear-armed neighbors Pakistan and India are high after they struck a ceasefire on May 10 following the most intense military confrontation in decades. Both countries accuse the other of supporting militancy on each other’s soil — a charge both capitals deny. 

The latest military escalation, in which the two countries traded missile, drones and artillery fire, was sparked after India accused Pakistan of supporting militants who attacked dozens of tourists in Indian-administered Kashmir on April 22, killing 26. Islamabad denies involvement.

Sharif announced the nine-member diplomatic group last month, headed by Pakistan Peoples Party Chairman Bilawal Bhutto Zardari, who is a former foreign minister.  A group headed by Bhutto Zardari will visit New York, Washington DC, London and Brussels from June 2. Another delegation, led by Special Assistant to the Prime Minister Syed Tariq Fatemi, will also visit Moscow.

“The visits of these delegations are aimed at projecting Pakistan’s perspective on the recent Indian aggression,” the foreign office said in a statement.

“The delegations will highlight Pakistan’s responsible and restrained conduct – seeking peace with responsibility – in the face of India’s reckless and belligerent actions in violation of international law. They will also highlight that dialogue and diplomacy should take precedence over conflict and confrontation.”

The foreign office said the two delegations will “underscore the imperative for the international community to play its due role in promoting a lasting peace in South Asia.”

“The need for immediate resumption of the normal functioning of the Indus Waters Treaty will also be a key theme of the delegations’ outreach,” the statement said, referring to a 1960 river-sharing agreement between India and Pakistan that the former unilaterally suspended following the April 22 militant assault. 

The accord has not been revived despite the rivals agreeing on a ceasefire last week following the conflict.

Islamabad said after India suspended the treaty that it considered any attempt to stop or divert the flow of water belonging to Pakistan to be an “act of war.”

About 80 percent of Pakistani farms depend on the Indus system, as do nearly all hydropower projects serving the country of some 250 million.

State broadcaster Radio Pakistan said the Bhutto Zardari-led delegation would hold meetings with UN Secretary General Antonio Guterres, President of the UN General Assembly Philémon Yang as well as ambassadors of permanent and non-permanent members of the UN Security-Council. 

The delegation will also brief OIC members at the United Nations.


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

Updated 05 December 2025
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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.